“Turn LeBron James’ Worth from Nine Figures into Ten”: Turner Sports and Warner Bros.’s $15.8 Million Investment in 2015 Boosted Uninterrupted to New Heights
Siddid Dey Purkayastha
|Published
LeBron James always had an inclination to step into the entertainment industry. James’ long-time business partner, Maverick Carter, had understood the immense potential that a production house would have, with LeBron James being at the forefront of it. The two created SpringHill Entertainment in 2007 to tap into the potential that a content-driven economy could generate from the star power of LeBron James in the entertainment industry.
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One of SpringHill’s first projects was Uninterrupted, formed shortly after James’ return to Cleveland in 2014. During that time, James had also agreed to feature in the movie Trainwreck, again a huge boost for his image and public perception before entering the entertainment field. However, just a few weeks before the movie’s launch in the theaters, Maverick Carter worked behind the scenes to finalize another important deal for LeBron James with Turner Sports and Warner Bros.
The deal included a pact that suggested Warner Bros. would fund some of SpringHill’s development costs and enable Carter to add staff to ramp up production. Furthermore, Carter and James were allotted a separate Warner Bros cottage studio in Burbank to facilitate their production requirements. However, in exchange, Warner Bros. had acquired the rights to all the films, TV shows, and digital shows that SpringHill would produce in the future.
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This was a massive boost for both Carter and James, who had only dreamed of taking control of their off-court business interests. Within a few months of this deal, Turner Sports, a subsidiary of Warner Bros., announced an investment of $15.8 million to fund the expansion of the staffing and other projects for Uninterrupted.
This was, once again, another savvy business move from LeBron James that helped catapult his net worth toward becoming a billionaire. This excerpt from Brian Windhorst’s book LeBron Inc.: The Making of a Billion-Dollar Athlete best explains the situation.
“Time Warner had invested deeply in what had now become a full-fledged content operation that Carter had built with LeBron as the vehicle…This was the kind of thing Carter and LeBron could only have dreamed about ten years earlier when they contemplated taking control of the off-court business interests. This was the kind of machine that could turn LeBron’s worth from nine figures into ten.”
This quick acceleration in funding was only possible because of the intuitive minds of LeBron James, Adam Mendelsohn, and Paul Wachter, who have always been trusted advisors for the 4x champion. The deal bagged by both Carter and James was monumental, given such all-encompassing deals were only something that Hollywood moguls like Clint Eastwood, J.J. Abrams, and Ben Affleck had with the movie studio.
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LeBron James came up with the idea of Uninterrupted while on a flight
When LeBron James moved from the Miami Heat to the Cleveland Cavaliers in 2014, he wanted his return to be announced in a way that resonated with the audience. James wrote a public essay for the fans via Sports Illustrated, which allowed him to express his thoughts on this return without the bias and twists of media.
While on a flight to Rio de Janeiro after signing with the Cavs, LeBron and his entourage thought of the idea for Uninterrupted, allowing athletes to speak their minds through a digital platform. Through this platform, LeBron wanted athletes to voice their opinions ‘uninterrupted,’ which was literally what he did through his essay to Cleveland fans.
Today, Uninterrupted has ventured into several newer avenues, including starting its own talk show, The Shop. The show has earned positive critical response, including a Sports Emmy for Outstanding Edited Sports Series in 2021. As of 2024, the brand’s net worth is estimated to be around $1,220,000 to $1,710,000, with investments and endorsements from stars such as Drake for their international projects in Canada.
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