LeBron James' LLC borrowed $300 million from insurers advised by Guggenheim's Mark Walter

foxbusiness.com

LeBron James' LLC borrowed $300 million from life insurers advised by Guggenheim's arm, run by Mark Walter, before James joined the Lakers in 2018, per Bloomberg. The bonds, due in 2049, backed by James' non-NBA income like Nike's lifetime Nike deal, per report. The NBA's $12.5 billion sale to Josh Kushner and Bob Iger earlier this month. Walter sold his Lakers share, Walter's Guggenheim, Walter's business empire, federal prosecutors and SEC tax fraud investigations.


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