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LeBron James allegedly borrowed loans from Guggenheim by Walter (Lakers owner in 21')

Posted on 8/25/26 at 11:17 am
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
64911 posts
Posted on 8/25/26 at 11:17 am
This post was edited on 8/25/26 at 11:27 am
Posted by Fun Bunch
New Orleans
Member since May 2008
133597 posts
Posted on 8/25/26 at 11:19 am to
quote:

LeBron James allegedly paid in loans from Guggenheim by Walter (Lakers owner at time)



That isn't what the tweet says
Posted by ShaneTheLegLechler
Member since Dec 2011
63960 posts
Posted on 8/25/26 at 11:21 am to
I am also pretty sure he had no stake in the Lakers in 2018
Posted by Fun Bunch
New Orleans
Member since May 2008
133597 posts
Posted on 8/25/26 at 11:25 am to
They are just saying Lebron borrowed 300 mill arranged through Guggenheim against his future non basketball earnings

That is something really common among ultra rich
Posted by WestCoastAg
Member since Oct 2012
151499 posts
Posted on 8/25/26 at 11:37 am to
Wow OP has literally never done something like that before. Especially as it pertains to this story
Posted by DownSouthCrawfish
Lift every voice and sing
Member since Oct 2011
41954 posts
Posted on 8/25/26 at 11:56 am to
Posted by S
RIP Wayde
Member since Jan 2007
176383 posts
Posted on 8/25/26 at 12:05 pm to
LeNothing burger
Posted by mattz1122
Member since Oct 2007
57406 posts
Posted on 8/25/26 at 12:07 pm to
OP should stick to incel threads
Posted by WG_Dawg
Member since Jun 2004
91816 posts
Posted on 8/25/26 at 1:13 pm to
My work? Have you seen the new addition to the Guggenheim?
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
93330 posts
Posted on 8/25/26 at 1:34 pm to
Y’all have allowed the media to brainwash you simply by scrutinizing Lebron for 2 decades while protecting Jordan more than the MSM protects retarded democrats.

Way to go you dorks.
Posted by chalmetteowl
Chalmette
Member since Jan 2008
56064 posts
Posted on 8/25/26 at 1:38 pm to
Could this be another Kawhi situation?
Posted by Boodis Man
Member since Sep 2020
8922 posts
Posted on 8/25/26 at 2:07 pm to
quote:

Guggenheim



49ers owner that just got arrested worked for this company at some point too right? that place seems shady as heck
Posted by Dadren
Jawja
Member since Dec 2023
3556 posts
Posted on 8/25/26 at 3:01 pm to
So….LeBron got a payday loan?

Serious question…is this against NBA rules?
Posted by CatfishJohn
Member since Jun 2020
24038 posts
Posted on 8/25/26 at 3:54 pm to
Seems more like what extremely wealthy people do. They borrow against future or unrealized earnings, pay no taxes on that borrowed money.

You get spendable/investable cash now without accelerating taxable compensation into the current year. This can be particularly valuable if the income event is several years away. He can make that money make money now, keep the proceeds and pay off the balance eventually.

Interest is potentially deductible too, depending on investment of the money, but likely not.

I wish I had this problem to solve.
Posted by Dire Wolf
bawcomville
Member since Sep 2008
41146 posts
Posted on 8/25/26 at 4:27 pm to
quote:


So….LeBron got a payday loan?

Serious question…is this against NBA rules?


he got a market rate loan and Walter didn't own the lakers. Unless it comes out that there was some back channel deal that everyone knew he'd eventually own the team, i don't see why the NBA would care.
Posted by Sunnyvale
Little ST. James
Member since Feb 2024
4032 posts
Posted on 8/25/26 at 4:58 pm to
quote:

My work? Have you seen the new addition to the Guggenheim?


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