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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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