LeBron James' media venture, SpringHill Company, is exploring a possible sale in the $750 million range

BleedGopher

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per Axios Sports:

LeBron James' media venture, SpringHill Company, is exploring a possible sale in the $750 million range, per The Information (subscription) — and Nike is among the potential suitors.

Between the lines: SpringHill has 120 employees and three businesses: Springhill Entertainment (production company), Uninterrupted (athlete empowerment brand) and The Robot Co. (marketing agency).

  • SpringHill produced "Space Jam: A New Legacy," which scored a hit at the box office this weekend, and "Naomi Osaka," the new Netflix docuseries about the sensitive tennis star.
  • It's also behind "The Shop" (HBO talk show), "The Wall" (NBC game show), and has expanded into podcasts, commerce and live events.
  • The firm was founded by James and his friend and business partner, Maverick Carter, and is named for the Akron apartment complex where James and his mom moved when he was in sixth grade.
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