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LeBron James’ SpringHill Reportedly Joins Long List Of Losers, Bleeding Tens Of Millions Per Year

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PHOENIX, ARIZONA - NOVEMBER 26: LeBron James #23 of the Los Angeles Lakers reacts during the first half of the Emirates NBA Cup game against the Phoenix Sunsat Footprint Center on November 26, 2024 in Phoenix, Arizona. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Christian Petersen/Getty Images)

(Photo by Christian Petersen/Getty Images)

Andrew Powell Sports and Entertainment Blogger
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Excuse me for a moment … HAHAHAHAHA! … Okay, I’m back.

Back in 2020, the self-proclaimed king LeBron James co-founded a media company called SpringHill, with the brand reportedly bringing in $104 million in 2023 courtesy of sales. While that may sound like a good number, the entity was actually $28 million in the negative that year, according to documents obtained by Bloomberg.

The $28 million figure isn’t the only red they’ve seen, as the company also lost $17 million back in 2022, Bloomberg reports. Oh, and on top of that, that trend is expected to continue in 2024 with SpringHill again projected to lose millions. (RELATED: Scottie Pippen Appears To Dish Out Support For Elon Musk In Creative Way That Has Billionaire Winning ‘Championships’)

But that’s not all! In its entire existence, SpringHill has reportedly never made a profit — just hold my coffee while I laugh my ass off.

HAHAHAHAHAHAHAHAHA!

If you’re not familiar with SpringHill, they make both movies and television shows, with the most notable project being the “Space Jam” remake in 2021. That laughable film performed horrendously in terms of box office numbers.

I can’t help but laugh.

LeBron James walks around cocky as hell, arrogant as all get out, treats the world like his poop doesn’t stink and then come to find out, he’s losing MILLIONS of dollars from his joke of a company.

Because of course … That’s so LeBron.

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