SKIP TO MAIN CONTENT

Simmons set to cash in with LeBron

LeBron James is expected to use his influence with the NBA and the corporate world to make millions for Ben Simmons.

3 min read

Published

Updated

Source: AAP


Skip to article content

Ben Simmons' path to the NBA, with LeBron James' sports agency guiding him, appears to have been planned out more than two years ago.

A then 17-year-old Simmons attended the LeBron James Skills Academy in Las Vegas, an annual camp hosted by the NBA great.

The top 80 American high school and 30 college players attended the multi-day event in July, 2014, with the four-time NBA MVP in attendance.

It was the Australian teenager who was the standout.

Just minutes after Simmons' under siege Louisiana State University coach Johnny Jones announced on Sunday his team would opt out of playing in any post-season tournaments, freeing Simmons to turn professional, Yahoo! Sports reported Simmons would sign with James' Klutch Sports agency.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

James' agent and right-hand man Rich Paul would personally look after the 19-year-old.

The report, by Yahoo! Sports' renowned NBA news breaker Adrian Wojnarwoski, was filled with other interesting tidbits, notably an "an arrangement for Klutch to represent Simmons has been in place for over a year".

The Simmons-James link, however, went deeper.

Simmons' older sister Emily Bush has had a marketing/branding job at Klutch since 2014, the year the young Australian attended James' Las Vegas camp, according to Wojnarwoski.

It's a smart business move by Simmons to link with James.

It's also a smart, lucrative signing for James.

James is the most powerful figure in the NBA, taking the power position with every deal he signs.

He agreed to a two-year $US46.974 million contract with the Cleveland Cavaliers last year, but it gives James, not the team, the option to walk away after the first year if he's not happy.

It ensures the Cavs spend big on providing James with a strong supporting cast and fire coaches, like David Blatt, when things aren't going well.

James also signed a lifetime shoe deal last year with Nike worth an estimated $US500 million.

Klutch will use its influence with Nike to sign Simmons to a major shoe deal, or squeeze rivals Adidas and Under Armour to over pay.

Former Nike marketing executive Sonny Vaccaro, who signed a young Michael Jordan to his first sneaker deal, believes Simmons' deal will be worth more than $US100 million.

Simmons interestingly tweeted a photo of a pair of Nikes recently.

James, on track to follow Michael Jordan and become a billionaire NBA player, can also use his connections to introduce Simmons to the corporate world.

James earns an estimated $US50 million a year in endorsements with companies including Coca-Cola (via Powerade), Beats by Dre, Samsung and Kia.

Not bad for a 19-year-old from Melbourne yet to dribble a ball or take a shot on an NBA court.


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world