One of the NBA’s sharpest players is Shaquille O’Neal. He created a financial empire for himself and his family to rely on while creating an NBA legacy. While playing, he received approximately $200 million in endorsement money in addition to $292 million from his NBA contracts.
O’Neal is known for being friends with the biggest celebrities as a result of his accomplishment in the NBA. One of them is 50 Cent, who will be purchasing BET alongside Shaq.
Shaq’s labor both on and off the basketball court has contributed to his $400 Million net worth. The figure is where it is today thanks to his NBA contracts, endorsements, business ventures, and other agreements.
The purchase of BET Media Group is one of the big man’s most recent investments. He won’t be working alone on the deal, though. The 7-foot-1 celebrity will be joined by rappers 50 Cent and Kenya Barris under the agreement.
Shaquille O Neal Once Called Himself the 50 Cent of the NBA
In addition to being a basketball legend, Shaquille O’Neal is a platinum-selling rapper. His albums achieved Gold and Platinum certifications, respectively. It is not surprising that he is acquainted with 50 Cent. Although they had been in communication for a while, they hadn’t really met until Access Hollywood arranged it in 2019.
They startled 50 Cent by inviting Shaquille O’Neal to the stage as he was being interviewed there. Shaq introduced himself and said he had never met 50 before, but he was a great fan after greeting him and the others.
I didn t mean to crash, but she[host] said that 50 Cent is here. We ve never met before, but we have talked about business. I m a big fan of yours and am so proud of you! You re doing a great job brother.
Every now and then, I have NBA beefs with other guys, and I always tell them, Don t mess with me, I m the 50 Cent of the NBA! I m telling you right now, you mess with me, I m coming out with a mixtape.
https://youtu.be/f0juanXOxu8
Since the two first met four years ago, it appears that their connection has developed significantly. After all, they are working together to purchase a $2.7 billion network.
Shaq, 50 Cent, and Kenya Barris Are Purchasing Bet from Paramount
Bet Media Group, Which Owns Vh1 and Bet (Black Entertainment Television), Is a Division of Paramount. the $2.7 Billion Network Is Being Pursued by A Large Number of Parties. Forbes claims that Byron Allen, Diddy, and Tyler Perry Are Already Competing for The Majority Ownership.
Three more participants have entered the race, claims TMZ. Additionally, Shaquille O’Neal, 50 Cent, and Kenya Barris are putting in a bid for BET with the support of CVC Investment. Although it hasn’t been finalized, insiders assert that they are seriously considering it and are far along in the process.