Kyrie Irving is the NBA’s most underrated investor.
In 9 years, he’s hit a net worth of $90M.
Kyrie’s 6 Best Investments
The Nets pay Kyrie well.
He’s currently on a 4 year $136.5M contract.
6. PSD Underwear
Kyrie signed an endorsement deal with PSD Underwear that also included equity.
That took place in 2015 and the company has skyrocketed since.
5. Beyond Meat
Kyrie invested in Beyond Meat right before they went public 3 years ago.
He entered this round along with: – Deandre Jordan – Chris Paul – Maya Moore – JJ Reddick
The stock went from $25 at IPO to over $200 in one year.
4. Uncle Drew
Kyrie has partial ownership of his fictional character “Uncle Drew”.
He earns kickbacks from Pepsi along with the 2018 movie.
Upon their partnership in 2016, Kyrie was provided an equity stake as well.
Less than a year later, Skullcandy was acquired giving Kyrie a nice payday.
Kyrie is earning $5-10M/year with Nike.
His signature shoe line produces enough royalties to set his family up for life.
1. KAI Eleven Consulting
A venture capital group assisting underrepresented entrepreneurs across many fields.
Kyrie’s first investment was a $500,000 seed investment for Fleeting, a black-owned commercial trucking company.
Kyrie Irving Endorsements
Kyrie is reported to make over $18M a year from his endorsements.
Some of them include: • Pepsi • Footlocker • Eastbay • Nike • PSD Underwear • 2K Sports • Skullcandy • Panini
Some charitable acts: • Paid tuition for 9 college students • Bought a home for George Floyd’s family • Donated $300,000 to City Harvest • Brought clean water to a Pakistani Village • Provided $1.5M to WNBA players
“I am more than an athlete. I have a responsibility to myself, my community, and my future children to fight for something that is much bigger than myself and the game of basketball.”
Recap of Kryie Irving
Kyrie Irving has had a rollercoaster NBA journey thus far.
But three things remain true: 1. He’s really good at basketball 2. He’s an underrated businessman 3. He’s extremely generous with his money