MIAMI, June 12 (UPI) -- NBA superstar LeBron James of the Miami Heat reportedly earned a $30 million dollar payout when Apple bought Beats Electronics few weeks ago.
ESPN writers Marc Stein and Brian Windhorst, in a story about the Heat's interest in Carmelo Anthony, happened to mention that James, who owns equity in Beats in return for his endorsement of the brand, would profit more than $30 million after the sale.