LeBron James’ deal.(Image via Getty Images)
Michael Rubin bought his minority stake in the Philadelphia 76ers in October 2011. He was part of the original investment group, led by Josh Harris and David Blitzer, that acquired the team from Comcast Spectacor for $280 million. The NBA formally approved the transaction on October 13, 2011. Over the course of his 11 year run as a minority owner, he eventually consolidated his holdings into a 10% equity stake in Harris Blitzer Sports & Entertainment (HBSE) before divesting in 2022. Fanatics officially signed LeBron James on January 10, 2024, ending his historic 20 year exclusive relationship with rival trading card company Upper Deck. Join conversation Share your thoughts in the comments Be respectful · TOI community guidelines The 41 year old NBA icon signed an exclusive multi-year partnership with Fanatics Collectibles (the trading card and memorabilia division). Stay updated with the latest Asian Games 2026 news , check the Asian Games medal tally and complete Asian Games schedule .
Later, it was reported that the helicopter that the NBA icon has been using for transportation is included in his contract with the Fanatics.
A few hours ago, in an interview with Front Office Sports live event Tuned In, hosted by reporter Daniel Roberts, Pablo Torre said, “League sources have been wondering if former Sixers minority owner Michael Rubin flipped LeBron — convinced him to sign with the Sixers at Fanatics Fest…” The popular journalist added, “When we asked Sixers PR for comment, they didn’t reply. I still want to sacrifice,” James said. LeBron James , the former Los Angeles Lakers’ icon, has sparked heated discussions across communities ever since he was spotted taking a helicopter ride to arrive at the Philadelphia 76ers’ training sessions from his home in New York City. Amid this, there have been new speculations. Interestingly, the Fanatics CEO Michael Rubin was a minority stakeholder in the Philadelphia 76ers. However, there are no confirmations if it was Fanatics CEO Michael Rubin’s advice that led LeBron James to sign a deal with the Philadelphia 76ers. The deal kicked off with a rare dual-autograph card featuring both LeBron and his son, Bronny James. LeBron James had made it clear why he joined the team While speculations continue about his move to the Philadelphia 76ers. A few weeks ago, in a social media post, he wrote, “This is my last decision. I’m not going for money. I’m not going for family. What am I really playing for at this point? “I still want to work. I still want to grind. I still want to compete, to win and to have a chance at the feeling of winning another championship. I believe I can help make the Philadelphia 76ers a championship team and I am so excited to energize a new fan base and start this incredible journey one last time. Thank you LA. Miami I’ll forever love and Northeast Ohio will always be home! Get the latest Sports News and Live updates. Download the TOI app.