LeBron James's Blaze Pizza Gets Valued at More Than $100 Million USD After New Deal

Blaze is the fastest restaurant in history to open 200 stores.

Sports
15,244 Hypes 0 Comments

LeBron James‘ stake in Blaze Pizza is paying off. According to Bloomberg, the fast-casual pizza chain has reached a “significant non-controlling” deal with private equity firm Brentwood Associates. Details concerning the exact figures have not yet been revealed, but sources close to the transaction expect Blaze’s value to jump to more than $100 million USD.

James reportedly bought a 10 percent stake in the company in 2012. Three years later, he ended his contract with McDonald’s to be a brand ambassador for Blaze. With over 200 locations nationwide, Blaze is the fastest restaurant in history to achieve such a feat. Last year, the company reported more than $184 million USD in sales, and currently has goals to be the “Starbucks of fast-casual,” according to co-founder Rick Wetzel.

Read Full Article

What to Read Next

Picasso's Paintings Sell for More Than $100 Million USD at Sotheby's Auction
Art

Picasso's Paintings Sell for More Than $100 Million USD at Sotheby's Auction

At the Bellagio Hotel and Casino in Las Vegas, where the works have been displayed for years.

LeBron James Gets Fans Ejected From Arena During Pacers-Lakers Game
Sports

LeBron James Gets Fans Ejected From Arena During Pacers-Lakers Game

Explaining after the game that “obscene gestures and language” should not “be tolerated.”

Take a First Look at LeBron James' Latest Nike LeBron 19 in Black
Footwear

Take a First Look at LeBron James' Latest Nike LeBron 19 in Black

Lacing up for his 19th NBA career season.


LeBron James Bloodies Isaiah Stewart's Face, Leads to Crazed Altercation
Sports

LeBron James Bloodies Isaiah Stewart's Face, Leads to Crazed Altercation

LeBron’s second ejection in his 19-year career.

adidas Originals' Swift Primeknit Cools off Your Summer in Grey Shades
Footwear

adidas Originals' Swift Primeknit Cools off Your Summer in Grey Shades

No BOOST, no problem.

DualForces x UNDEFEATED Collaboration Capsule Pays Homage to Jiu-Jitsu
Fashion

DualForces x UNDEFEATED Collaboration Capsule Pays Homage to Jiu-Jitsu

Crafted in true woodland camo milspec fabric in Los Angeles.

sacai x HAYN's Digi Camo Collaboration Should Be This Year's Go-To Flip-Flops
Footwear

sacai x HAYN's Digi Camo Collaboration Should Be This Year's Go-To Flip-Flops

The subtly mismatched collab drops this weekend.

Vic Mensa Enlists Pharrell For "Wings" and Announces Tracklisting for 'The Autobiography'
Music

Vic Mensa Enlists Pharrell For "Wings" and Announces Tracklisting for 'The Autobiography'

‘The Autobiography’ drops July 28th.

'Birth of the Dragon' Retells Bruce Lee's Epic Battle Against Kung Fu Master Wong Jack Man
Entertainment

'Birth of the Dragon' Retells Bruce Lee's Epic Battle Against Kung Fu Master Wong Jack Man

Presented by WWE Studios.


Daniel Arsham's adidas Originals New York's Collaboration Has a Secret Message
Footwear

Daniel Arsham's adidas Originals New York's Collaboration Has a Secret Message

Arsham brings his archeology-inspired design cues to some Three Stripes footwear.

Fashion Insiders Didn't Hold Back for New York Fashion Week: Men's Final Day Street Styles
Fashion 

Fashion Insiders Didn't Hold Back for New York Fashion Week: Men's Final Day Street Styles

Attendees kept their cool on another hot day in the city.

Artist Jeff Henriquez Reacts to the Vandalization of His Prodigy Mural
Art 

Artist Jeff Henriquez Reacts to the Vandalization of His Prodigy Mural

He explains to us that it’s “in the name of hood love.”

Action Bronson Freestyles Over JAY-Z's "A Million and One Questions" on Funkmaster Flex
Music

Action Bronson Freestyles Over JAY-Z's "A Million and One Questions" on Funkmaster Flex

‘Blue Chips 7000’ is coming soon.

Gudak Transforms Your iPhone Into a Disposable Kodak Camera
Tech

Gudak Transforms Your iPhone Into a Disposable Kodak Camera

Add a nostalgic touch to your smartphone shooting.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Adblock Detected.

We charge advertisers instead of our readers. If you enjoy our content, please add us to your adblocker's whitelist. We'd really appreciated it.