Kwame: James is different from you &, in fact, he doesn t have to spend money on anything he buys. That s what Jordan is like

Today, Kwame Brown talked about James' business operations in his podcast channel "Kwame Brown's Parallel Life".

"I learned something around some of the smartest people. In golf courses and other places, you don't know how stars like James deal with money. Have you ever heard of leveraged debt? When I learned all this, I felt like a man! LeBron wore Richard Miller watches, which are free. He said his wedding rings were also free, and that's not a joke. Everything he mentioned may be free. Do you think he still spends money on buying those things? I tell you, as a Florida native, I played with Michael Jordan Ball, with him, nothing to pay for. We went to the restaurant with Jordan, and they were happy to receive him, everything was free. Jordan went to a nightclub, the same thing, and didn’t have to spend his own money. LeBron James may not have money in his name as an individual, but if he put the money into a business he controlled, he would never go bankrupt. These people don’t want to have money in their own name, but want to control it. It’s a pathetic reality that schools don’t teach this. That’s why I don’t want my kids to go to school, just want them to learn about money and taxes.” Kwame said.

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