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LeBron James-controlled company borrowed almost $300 million from Midwestern life insurers advised by Mark Walter-led Guggenheim

August 25, 2026

When LeBron James signed up to lead the Los Angeles Lakers to NBA glory with a $154 million contract in 2018, it wasn’t the biggest deal he did that year. Just months before he joined, a limited liability company he controls borrowed almost $300 million from a pair of Midwestern life insurers advised by an arm of Guggenheim Partners, according to insurance industry records reviewed by Bloomberg. The previously unreported bonds, which are due in 2049, were structured to provide immediate cash to James and backed by a stream of future revenue tied to his earnings outside basketball such as a lifetime Nike Inc. sponsorship, people with knowledge of the matter said.

Bloomberg

Bloomberg

More on LeBron James: Recent HoopsHype Rumors

NBA star LeBron James and the PGA Tour are partnering to bring a golf event back to his hometown of Akron, Ohio, starting in 2027, his foundation announced Tuesday. The LeBron James Family Foundation Invitational, which will be played July 6-7 at the South Course at Firestone Country Club, will feature amateurs and pros from the tour’s Pathway to Progression Pro-Bound Five program. — 8/25/2026 ESPN

Austin Krell: The Sixers announce that you can shop for jerseys including Jaylen Brown, LeBron James, Joel Embiid, Tyrese Maxey and VJ Edgecombe—as well as other new merch—at OutPHItters, the team store in Xfinity Mobile Arena tomorrow and Wednesday from 11 a.m. to 6 p.m. — 8/24/2026 Bluesky

Speaking recently on Kick streamer N3on’s livestream, West shared how the James family still makes him feel belonged. “A lot of those guys that I play with, LeBron, he’s my ‘him’, and you know his family…called my mom all the time to make sure I’m okay,” West said during the stream. “Miss Gloria (Gloria Marie James, LeBron’s mother). She called my mom; she’s still the same. You know, (she used to say) ‘Tell my son. I seen him; you better get it together, don’t make me come take on’,” — 8/24/2026 Clutch Points

One of the concerns with the addition of LeBron James and Jaylen Brown in this momentous offseason is how those moves may affect the trajectory of Edgecombe, who at 21, will be entering his second season but could see a significant shift in his role. To hear Edgecombe talk at the camp, that’s not really a worry for him. Any chatter that his development may stall or he might grow unhappy with a reduced role is just talk. “I mean, it don’t matter what happens, there’s always going to be someone that has something to say,” Edgecombe said. “But I just want to win. I’m going to still be aggressive, still be myself. If that comes with less shots or more shots, who knows. I don’t know how the course of the game is going to go. I’m just excited to play alongside my teammates. I think we have a chance to do something really special.” — 8/24/2026 The Philadelphia Inquirer

He admitted he’ll have to rein in how often he picks James’ brain. “[I’ll] have a bunch of questions, so I’m going to have to control myself when it comes to asking questions,” Edgecombe said. “I’m totally excited. It’s such a blessing. I’m going into Year 2, playing alongside my favorite player ever.” — 8/24/2026 The Philadelphia Inquirer

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Bronny James has finally broken his silence on his father, LeBron James’ departure from the Los Angeles Lakers. Bronny James was spotted giving autographs, taking photos, and talking with young basketball fans, and was asked about LeBron’s move to the Philadelphia 76ers, to which Bronny had a hilarious response. “It’s whatever, it’s my Dad.” Bronny James told the young kids. — 8/22/2026 New York Post

Basketball University: 2012-14 LeBron James had the largest positive rim FG% differential from league average of any qualifying player from any three year span in the play-by-play era (1997+) +15.8% on the 4th highest volume of rim FGA with the vast majority self-created off the bounce. Unfathomable. — 8/22/2026 x.com

He admitted he’ll have to rein in how often he picks LeBron James’ brain. “[I’ll] have a bunch of questions, so I’m going to have to control myself when it comes to asking questions,” Edgecombe said. “I’m totally excited. It’s such a blessing. I’m going into year two, playing alongside my favorite player ever.” — 8/22/2026 The Philadelphia Inquirer

Johnson emphasized that LeBron’s influence extends far beyond mere distribution on the stat sheet, highlighting his innate ability to unify elite talent. “When you think about Maxey, Embiid… all those guys, now Jaylen Brown,” Johnson noted. “One thing that he knows how to do is also bring everybody together.” — 8/21/2026 ScoopB.com

This article originally appeared on Hoops Hype: LeBron James-controlled company borrowed almost $300 million from Midwestern life insurers advised by Mark Walter-led Guggenheim

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