Report: Kobe's $6M investment in BodyArmor now worth $200M
"The Black Mamba" is still winning in retirement, and his bank account thanks him for it.
In March 2014, Los Angeles Lakers icon Kobe Bryant made a $6-million investment in sports drink BodyArmor for 10 percent of the company. Fast forward to the present day, and Bryant's stake is now worth approximately $200 million, sources told ESPN's Darren Rovell.
This comes after Coca-Cola's announcement on Tuesday that they've purchased a minority stake, making them the second-largest shareholder behind co-founder Mike Repole.
Bryant is the fourth-largest investor in BodyArmor, and one of several other athletes who possess equity, including NBA Most Valuable Player James Harden, golfer Dustin Johnson, and Indianapolis Colts quarterback Andrew Luck.
BodyArmor is reportedly expected to make $400 million in revenue in 2018, with an overall value that could reach upwards of $2 billion, according to the Wall Street Journal's Jennifer Maloney and Cara Lombardo.
Bryant earned himself over $328 million in total salary during his 20-year run with the Lakers organization, and nearly $680 million in total when including endorsements. His final contract paid him $48 million over two years before he hung up his kicks for good in 2016.