October DealsAmazon USOctober deal check: compare before you payAmazon US: current deals, useful picks and tech finds.Check DealsWindows FixRecommendedWindows errors stealing your time? Find the fix fastScan stability, cleanup and performance issues.Fix NowOctober DealsAmazon USDeal season is back - check today's better picksAmazon US: current deals, useful picks and tech finds.See Picks×
Skip to content
The Finance Base
The Money Desk · Blog
Re:

15 Athletes Who Built Businesses Beyond Their Sport

From brand partnerships and venture investing to fitness clubs and industrial companies, these athlete business careers show several paths beyond sport.
From TheFinanceBase Team6 min to read
Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

There is no definitive ranking of the “best” athlete-entrepreneurs: success can mean a durable company, a major brand partnership, investment activity, or a business that creates jobs and reaches a broad audience. This editorial selection highlights 15 athletes whose documented business activity illustrates different routes from sport into commerce. It is not a claim that every person founded or operated every venture associated with them.

How this selection defines entrepreneurial success

The list favors athletes with identifiable business activity and a meaningful role in it, while recognizing that the role may differ substantially. A founder building a company, an investor backing startups, a franchise owner, a licensing partner, and a media producer are not interchangeable. The examples below span those models and several eras; dated revenue, valuation, and ownership milestones are identified as historical reports rather than current figures.

The University of Florida Institute for Coaching Excellence describes real estate and franchising as prominent paths in some athlete business transitions, while also examining newer media and venture-investment models. That is a pattern in its analysis, not a rule for every athlete. Its report and Business Leader’s non-ranked profile list inform the examples, but neither establishes a definitive top 15 or a universal measure of business success.

15 athletes and the business paths they represent

1. Michael Jordan: personal brand and ownership

Jordan’s business story includes a long-running partnership with Nike, not simply a company he founded alone. The University of Florida report describes Air Jordan as a Nike offshoot through which Jordan received a share of shoe profits, alongside his endorsements and other business interests. Business Leader reports that the partnership began in 1984 and Jordan Brand launched in 1997. It says Nike reported Jordan Brand revenue of $5.1 billion in 2022 and attributes at least $150 million that year to Jordan; these are dated secondary-source figures, not current totals. Business Leader’s profile and the University of Florida report describe different parts of the portfolio.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
#1 Best Overall
Sam Walton: Made In America
  • Author: Walton, Sam.
  • Publisher: Bantam
  • Pages: 368
  • Publication Date: 1993
  • Edition: Illustrated

2. Serena Williams: venture investing and production

Williams’s examples include Serena Ventures, the recovery-focused consumer brand Will Perform, and Nine Two Six Productions. Business Leader reports that Serena Ventures launched in 2017, raised $111 million (£87 million), and had invested in more than 60 startups by 2023. Those fund and investment figures are attributed to Serena Ventures as reported by the publication; they were not independently verified here. Williams co-founded Will Perform in December 2022 and launched Nine Two Six Productions in April 2023. The mix shows how an athlete can build a business presence through investing, products, and media rather than one operating company. Business Leader

3. LeBron James: media, sports interests, and community work

James’s portfolio includes SpringHill Company and Uninterrupted, as well as sports interests described by the University of Florida report, including connections to Fenway Sports Group. SpringHill, co-founded with Maverick Carter in 2020, develops entertainment and media projects. Inc. reported that an investment in 2021 valued the company at $725 million; that is a historical valuation, not a current valuation. James’s wider activity also includes workforce and education initiatives, which matter as community-oriented work but should not be confused with a company’s commercial performance. Inc. and the University of Florida report

4. Kevin Durant: venture investing and sports media

Durant’s business activity is associated with Thirty Five Ventures, Boardroom, the podcast The ETCs, and an interest in Philadelphia Union, according to the University of Florida report. Together, they illustrate a portfolio approach combining investment, media, and sports ownership rather than a single founder-led operating business. University of Florida Institute for Coaching Excellence

5. Magic Johnson: a diversified portfolio

Magic Johnson Enterprises’ company history records milestones across sports, infrastructure, food services, insurance, entertainment, and technology. It notes, for example, a Sodexo partnership in 2006 and a 2014 milestone involving a controlling shareholding in EquiTrust. These dated entries show the breadth of Johnson’s business activity; they do not establish that each interest remains current. Magic Johnson Enterprises company history

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

6. George Foreman: licensing and a consumer product

The George Foreman Grill is an example of a business built around a licensed product and an athlete’s name. Business Leader reports that the grill launched in 1994 and had sold more than 100 million units by the time of its 2023 report. It also reports that Foreman sold the grill’s commercial rights in 1999 for $138 million (£109 million). The unit figure and sale price are historical secondary-source claims, not current sales or a present valuation. Business Leader

7. David Lloyd: fitness clubs and business exits

Former tennis player David Lloyd founded David Lloyd Leisure in 1982. Business Leader reports that the business floated in 1992 and was sold to Whitbread in 1995 for £201 million; Lloyd later created Next Generation fitness clubs and sold that business in 2006. The chronology makes his case notable for founding, scaling, and exiting businesses in the fitness sector. Business Leader

8. Dave Bing: building an industrial company

Former NBA player Dave Bing formed Bing Steel in 1980. Business Leader reports that it grew from four employees to more than 1,400 and generated annual revenue of $300 million. The publication does not specify a reporting period for that revenue figure, so it should be read as a reported company milestone, not an estimate of present-day revenue. Bing’s example stands apart from athlete-branded products: it is a steel company built in an industrial sector. Business Leader

9–15. Why this is a selection, not a definitive ranking

The evidence available for this topic supports the eight named examples above, but it does not substantiate seven additional individuals for a fully sourced 15-person list or establish a consistent basis for ranking 15 people across sports and eras. Adding names to reach the title’s number would imply evidence the source record does not provide. A reliable comparison would need to establish each person’s role, the venture’s current or historical status, and comparable measures of longevity, scale, or impact.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
Best Value
Sale
Titan: The Life of John D. Rockefeller, Sr.
  • From the acclaimed, award-winning author of Alexander Hamilton: here is the essential, endlessly engrossing biography of John D. Rockefeller, Sr.—the Jekyll-and-Hyde of American capitalism.
  • In the course of his nearly 98 years, Rockefeller was known as both a rapacious robber baron, whose Standard Oil Company rode roughshod over an industry, and a philanthropist who donated money lavishly to universities and medical centers.
  • He was the terror of his competitors, the bogeyman of reformers, the delight of caricaturists—and an utter enigma.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

What these business models have in common—and where they differ

Business path Illustrated by What the example shows
Brand partnership and licensing Michael Jordan; George Foreman Commercial value can come from a negotiated share in a branded line or from licensing a product associated with an athlete. The athlete’s role is not necessarily sole founder or operator.
Venture investing Serena Williams; Kevin Durant Investing across startups or building an investment and media portfolio differs from managing one operating company.
Media production LeBron James; Serena Williams; Kevin Durant Production companies, media platforms, and podcasts extend an athlete’s reach into entertainment and publishing.
Company founding and operation David Lloyd; Dave Bing These cases center on building businesses in fitness and steel, respectively, rather than relying primarily on an athlete’s personal brand.
Diversified holdings Magic Johnson; LeBron James; Kevin Durant Multiple interests can span industries, but a portfolio listing alone does not establish present ownership or the performance of each venture.

How to judge an athlete’s business success

A headline valuation or sales figure rarely tells the whole story. For a fair comparison, first identify what the athlete actually did: founded a company, operated it, invested in it, licensed a name, or participated through a partnership. Then assess the evidence against the same questions:

  • Role: Is the athlete documented as a founder, operator, investor, spokesperson, or owner?
  • Duration: Did the venture persist, grow, or reach a documented exit?
  • Scale: Is there a dated revenue, investment, sales, or valuation figure—and who reported it?
  • Timing: Did the business begin during the athlete’s playing career or afterward?
  • Impact: Is there evidence of jobs, access, community activity, or influence on an industry?
  • Freshness: Does a source establish that the person still owns or operates the venture, or does it describe only a past milestone?

These checks prevent a licensing deal from being treated as equivalent to founding a company, and prevent a historical valuation from being mistaken for current performance. In the examples here, the numeric business claims come from secondary reporting and are explicitly tied to their reporting dates.

Why there is no single athlete-to-business playbook

The cases show distinct ways to turn a public profile, professional network, or personal expertise into commercial activity. Jordan and Foreman illustrate brand and licensing economics; Williams and Durant illustrate investment and media; Lloyd and Bing illustrate businesses rooted in fitness and manufacturing; Johnson’s company timeline shows diversification across sectors. The University of Florida analysis identifies real estate and franchising as recurring patterns in some athlete transitions, while its discussion of newer media and investment models underscores that the routes differ by era and opportunity.

That variety is useful to readers interested in business, but it also limits any simple “best” list. Net worth, company value, and brand revenue measure different things, and an athlete’s association with a venture does not by itself show how much control, risk, or operating responsibility they had.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Quick Recap

Bestseller No. 1
Sam Walton: Made In America
Sam Walton: Made In America
Author: Walton, Sam.; Publisher: Bantam; Pages: 368; Publication Date: 1993; Edition: Illustrated
$6.49

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

More post from the Money Desk

  1. The Money DeskBlogTheFinanceBase09 OCT 267 minMortgage Escrow FAQs: Taxes, Insurance, Shortages, and Refunds
  2. The Money DeskBlogTheFinanceBase09 OCT 265 minHow Mortgage Escrow Accounts Work and What Homeowners Pay For
  3. The Money DeskBlogTheFinanceBase09 OCT 265 minHow to Read a Stock Chart, Volume and Market-Cap Data
Recommended PC Tool
Recommended PC Tool
Windows Errors? Fix Them Before They SpreadFree repair scan
Crashes, No Sound, or Screen Glitches?Free driver scan

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.