What Business Does Shaq Own?

what business does shaq own

Shaq is a basketball legend. He has played for many teams and is one of the most famous athletes. He is also a celebrity and has his business. Here are some of his most popular ones.

Papa John’s

Papa John’s is a pizza delivery service headquartered in Atlanta, Georgia. It is the third-largest pizza delivery company in the U.S. The company has been facing controversy in recent years, including a scandal involving its founder and former CEO, John Schnatter.

In July, John Schnatter resigned as the chairman and CEO of the company. He admitted to using a racial slur during a conference call. His resignation was a step toward repairing the company’s image.

After the controversy, Shaq, the former NBA star, became a spokesperson for the company. O’Neal was appointed to the company’s board of directors, making him the company’s first black member.

The NBA superstar and businessman invested in the Atlanta area’s nine Papa John’s restaurants. According to a press release, Shaq purchased a 30% stake in the joint venture, giving him control over 30 percent of the locations.

Five Guys

Shaquille O’Neal is a big man who is also a prominent businessman. He owns multiple franchises and is a successful investor after retiring from professional basketball. Among his investments are Papa John’s and Krispy Kreme. His yearly earnings are estimated at $60 million.

The former NBA player has also ventured into franchising, a lucrative business industry proliferating. He currently owns more than 10 Five Guys Burgers locations. This makes him the second-largest individual shareholder in Authentic Brands Group, a significant franchising company. Other companies owned by the Authentic Brands Group include Forever 21, JCPenney, and Reebok.

O’Neal has also made many other investments. He has a stake in a digital music company and a mobile gaming company. In addition, he owns several health and wellness companies and nightclubs.

24-Hour Fitness

The NBA superstar Shaquille O’Neal is known for his sports success, but he is also a successful businessman outside the court. He has invested in various businesses and franchises and has a lot of experience with celebrity endorsements. As a result, he is a great role model for aspiring entrepreneurs.

In a recent interview with Bloomberg Businessweek, Shaq said that his business success was not always due to luck. Instead, he credits his success to his skills. While he doesn’t have a degree in business, he has studied business at LSU. Also, he has a Ph.D. in education.

After retiring from the NBA, Shaq went on to become an investor. He started his first venture in 2008 investing I,n a Five Guys Burgers restaurant in Atlanta. His investment earned him a nice sum of money from the franchise.

Auntie Anne’s

If you are a fan of pretzels, Auntie Anne’s is a franchise business you should consider. They offer a variety of pretzel products, including pretzels, pretzel dogs, and nuggets. The store also carries a selection of beverages, snacks, and dipping sauces.

As a franchiser, Auntie Anne’s has a large foot traffic base and operates more than 1,200 locations nationwide. They are also associated with malls and amusement parks. In addition, the company has its website and social media accounts, such as Facebook and Twitter.

The company is also known for its marketing gimmicks. For instance, they are famous for their original Soft Pretzels. It may be hard to believe, but buying a pair of those at the nearest mall is possible. Besides, you’ll want to stock up on those salty snacks if you plan to tour your local mall.

NRG eSports

Shaquille O’Neal is one of the most iconic basketball players of all time, but he is also a huge fan of virtual sports. He even owns an esports team.

NRG is an esports organization that owns teams in games such as Rocket League, Overwatch, and Counter-Strike: Global Offensive. The organization is headquartered in Los Angeles, California. Andy Miller and Mark Mastrov own it.

NRG Esports’ roster includes several superstar players. Alex Rodriguez, Marshawn Lynch, and Jimmy Rollins are among the athletes who have signed on with the organization.

As of December 2020, the organization had revenue of $155 million. In the same month, it had over five million viewers on its social media channels. BUFF, Levi’s, Rockstar Energy Pepsi, and AMPM are some companies that have sponsored the company’s content channels.