In 2012, LeBron James invested $1 million in a pizza chain called Blaze Pizza and opened two outlets. … As of 2020, his investment has increased forty times, and his equity stake at the company is worth approximately $40 million.
Likewise, people ask, did LeBron sell blaze?
Between 2012 and 2017, LeBron James’ $1 million investment grew to a $35 million investment. … James now owns 19 Blaze Pizza franchises and counting.
One may also ask, does Shaq own Blaze Pizza?
LeBron may be the GOAT, but he is also one of the founding investors in Blaze Pizza ($PRIVATE:BLAZEPIZZA). Meanwhile, Kobe’s Los Angeles Lakers teammate Shaq, who didn’t make the G.O.A.T. … When looking at the raw footprints of both Blaze and Papa John’s, Shaq has a size advantage.
How much does LeBron make from Blaze Pizza?
ESPN.com’s Darren Rovell reported Monday that James stands to gain at least $25 million for his roughly 10 percent stake in nationwide chain Blaze Pizza.
How much is a Blaze Pizza franchise?
What are the Blaze Pizza franchise fees? Our initial franchise fee is $30,000 per restaurant ($20,000 per restaurant if you operate a certified training store). Our continuing royalty fee is 5% of gross sales and our creative (advertising) fee is 2% of gross sales.
Is Blaze Pizza publicly traded?
Blaze Pizza has confirmed that it has the final elements in place to go public, a key step that brand leadership sees toward beginning to take a run at pizza’s so-called Big Three of Domino’s, Pizza Hut and Papa John’s, which are all publicly traded now.
Is MOD Pizza the same as Blaze Pizza?
MOD Pizza and Blaze Pizza have been neck-and-neck in the fast-casual-pizza race for a while. Blaze was dubbed the fastest-growing restaurant chain in history by research firm Technomic in 2017. … The two chains have near-identical concepts: speedy, customizable, freshly made pizzas with grab-and-go sides and beer on tap.
What business does LeBron James own?
What franchises does LeBron own?
James has always been a smart business man. He owns 14 Blaze Pizza franchises, signed a $1 billion “lifetime deal” with Nike in 2015, has stakes in Beats Electronics and Liverpool F.C. and owns his own production company, SpringHill Entertainment.
What pizza company does LeBron James own?
Who owns Blaze Pizza in Westminster MD?
— Ravens Quarterback Lamar Jackson is getting in on the pizza business. Jackson is part owner of a new pizza shop in Westminster. It’s the latest Blaze Pizza location to open in Maryland.
Who owns Elvis Presley Shaq?
Authentic Brands Group may not be a household name in the US, but many of its properties are. Marilyn Monroe, Forever 21, Muhammad Ali, Sports Illustrated, Elvis Presley, Juicy Couture, and Shaquille O’Neal are just a few of the more than 30 names and brands for which the company holds the intellectual property rights.