Archive for March 28th, 2007

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LeBron buys interest in bike maker »

LeBron James is becoming as aggressive with his investments as he is on the basketball court. The 22-year-old Cavaliers star has acquired a minority interest in Cannondale Bicycle Corp., a performance-bike manufacturer, the Connecticut-based company said Monday. James teamed up with Cannondale last year for his annual summer King for Kids Bike-a-thon charity event in Akron. Cannondale built James a custom bike for the event that he now uses as part of his off-season training. Today, privately held Cannondale says it’s the leading manufacturer of high-end bicycles, selling more than 80 models in more than 70 countries. The Cannondale investment was made through James’ company, LRMR Innovative Marketing & Branding.

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Mar 28, 2007 at 1:50 am | lebron-jameslifestyle

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King James builds a castle »

LeBron James of the Cleveland Cavaliers is building an enormous house in Bath Township near Akron. At more than 35,000 square feet, it’s 16 or 17 times bigger than many suburban homes. Blueprints show the house will have a recording studio, a two-lane bowling alley, a casino, a small theater, a sports bar, an aquarium and a barbershop. There also will be a six-car garage, an elevator and a sweeping, divided staircase leading up to four second-story bedrooms. Until it’s finished, James splits his time between a huge apartment in downtown Cleveland and a four-bedroom house in Medina County west of Akron.

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Mar 28, 2007 at 1:28 am | lebron-jameslifestyle