Sports

Basketball star Kobe Bryant invested $6M in 2014, now it’s worth $200M

Kobe Bryant’s time in the NBA might be over, but he’s still winning. On Wednesday it was announced Coca-Cola had purchased a minority stake in the sports drink “BodyArmor”, which Bryant and other athletes invested in back in 2014.

Kobe put $6 million into the company, now his stake is worth over $200 million.

According to ESPN’s Darren Rovell, Bryant purchased 10 percent of the company, which markets itself as a healthier option than Gatorade in the sports drink space. BodyArmor’s co-founder, Mike Repole was responsible for selling the Glaceau brand to Coca-Cola in 2007, which made Smartwater and Vitaminwater.

Other athletes said to score big on the BodyArmor sale are James Harden, Andrew Luck, and golfer Dustin Johnson — with several other high-profile athletes linked to the brand, but not named in the story.

Bryant is the big winner from the sale among athletes, however.

His $194 million profit from his stake isn’t far off his total NBA earnings across his career. Bryant made a total of $328 million for 20 years playing basketball, and $194 million for waiting four years.

Seems like a pretty good return.

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