Bargain of his life Charles Barkley demanded 20% in exchange for 1/4th of $1 Million from a he
Charles Barkley has become such a personality off the court in the NBA that it’s easy to forget he was once one of the league’s best frontcourt players. ‘The Round Mound of Rebound’ earned more than $40 million during his 16-year career with teams such as the Rockets, Suns, and 76ers. Chuck brought that same energy he had on the court off the court when he joined forces with Kenny Smith and Ernie Johnson on ‘Inside the NBA’ after retiring. Soon, Barkley was making more money as a TV personality than he was by playing 40 minutes of basketball every other night.
He’s become quite the business-savvy man since retiring in 2000, further legitimizing his appearance on Shark Tank. When Holly Heath and Billy Cavallaro walked through the doors of Shark Tank, Charles Barkley was feeling quite generous with his $50 million net worth. They would then ask the Sharks for $250,000 for a 10% stake in their company, Cave Shake, which they valued at $2.5 million. Chuck would eventually win the deal, receiving 20% of the equity instead of the initial 10%. This is because the product they were selling resonated with him.
Charles Barkley’s business ventures after retiring from the NBA
Since his retirement, Charles Barkley has become a well-known commentator and analyst, as well as a member of the ‘Inside the NBA’ crew. He previously worked for Turner Network Television (TNT), where he was a member of their expert panel for pre-game and halftime shows. He also makes appearances at NBA events. He began hosting ‘American Race’ on TNT in May 2017.While Barkley had previously identified as a Republican, he revealed himself to be an Independent during a Monday Night Football broadcast in 2014. He backed Barack Obama in the 2008 presidential election.
Charles Barkley is well-known for his work as an angel investor. He pledged $1 million in 2017 to fund Alabama black women’s tech startups. Barkley has also invested in NeuroVice, a young startup. After appearing as a guest on ABC’s Season 10 of “Shark Tank,” CEO and founder Ashlyn Sanders wrote to the famous NBA legend, to which he replied and said he would invest in her business. He is an outspoken supporter of gay rights. He told reporters in October 2008 that he intended to run for Governor of Alabama in 2014.
Do follow us on Google News | Facebook | Instagram | Twitter
ncG1vNJzZmiemafAtb%2FPqKmtsl6YvK57zZuYZqaVrMBur8eaqaWdo2Kvor7KpZyyZZSauqK6w56bZmpgYravecSxmqGZnpyybrLOq2RqZWSptW67xWZoZqWZobmqu81mnaunnWKubrTEmqOtoF2XrrSxw2aaqKWglru6ecGeoKefXZZ6qMHErKtmp55iwKmt0aRkrZmeoHw%3D