LeBron James, a super-duper player for the Cleveland Cavaliers, has invested a slice of his huge earnings in the US bike maker, Cannondale. LeBron James bought the undisclosed ownership stake through his wholly owned company King James Inc.. Cannondale has teamed up with LeBron to provide bicycles for the James Family Foundation’s annual “King for Kids Bike-a-thon,” a charity bike ride event in Akron which benefits children and single mothers.  For the 2006 bike-a-thon, the company designed and manufactured a custom bike for LeBron based on the Caffeine model design, which he has subsequently incorporated into his training regimen. 

LeBron James said: “Biking is an extremely important part of my training routine, and I like to invest in what I know.”

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