Massive earnings coming for the Bryant estate.
The $5.6 billion purchase of the company will net Bryant’s estate at least $400 million after his $6 million investment. The estate of the late NBA great Kobe Bryant is getting a major cash infusion after beverage giant Coca-Cola purchased BodyArmor, a sports drink company in which Bryant was an early investor. A report from CBS News notes that the $5.6 billion purchase of the company will net Bryant’s estate at least $400 million. Widely considered one of the greatest to ever play in the NBA, Bryant, his daughter, Gianna, and seven others died in a helicopter crash in January 2020.
Vanessa Bryant, his widow, is the executor of the Bryant estate. Considering the recent news about her case for intentional infliction of emotional distress, the discussions regarding her interest in her assets earned from the death of her late husband will continue. She recently won a ruling in her lawsuit against Los Angeles County, whose officials had requested that she undergo an independent psychiatric evaluation to determine whether she suffered emotional distress from the leaking of videos and photos of the crash site. Magistrate Judge Charles F. Eick denied the county’s request, calling it “untimely.”
How do you think this investment will affect the Bryant estate?