Owning JC Penny With His $400 Million, Shaquille O’Neal Thirst Traps Following His 40-Lb Transformation

Shaquille O’Neal has accomplished just as much off the court just as much as he did on it. ‘The Big Aristotle’ is undoubtedly one of the greatest big-men of all time given that he won 4 championships, 3 Finals MVPs, a regular season MVP, and earned an otherworldly number of All-NBA and All-Star nods to his name. 

That success on NBA hardwood translated quite well to success in his life after professional basketball. His business savvy investments and endorsements led him down a path of passive income that only a handful of retired athletes get to experience during their lifetime. 

He has amassed a reported net worth of $400 million as of last year and this is all due to him being involved with a variety of businesses. Everything from Carnival cruise ships to owning fast food chains across the nation, Shaq has profited from it all.

Also read: “I’m the worst yoga student in the history of yoga”: Shaquille O’Neal Once Needed a Custom 100-inch Mat to Try Out Ancient Indian Exercise

Shaquille O’Neal hilariously shows off his JC Penny fits 

Shaquille O’Neal has become quite the active Instagram and Twitter user over the years. If he isn’t posting graphics comparing players of different generations and asking his followers what their thoughts are on it, he’s usually posting funny videos from the set of ‘Inside the NBA’. 

This particular post saw him show off an outfit that he got from JC Penny, a company that he endorses, while putting up the caption, ‘Old dudes that think they fine….’

 

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A post shared by DR. SHAQUILLE O’NEAL Ed.D. (@shaq)

This is clearly an endorsement deal for JC Penny as the hashtag he used after his caption on the post had the company’s name in it. This isn’t the first time Shaq has endorsed a product on his social media platforms and it isn’t surprising given just how many endorsement deals he’s signed over the years. 

Shaquille O’Neal owns a large part of JC Penny 

Shaquille O’Neal made one of the greatest business decisions of his career when he decided to invest in the firm known as Authentic Brands Group (ABG). This group owns the rights to a variety of cultural figures such as Elvis Presley and Marilyn Monroe. 

However, they also own companies like Adidas and of course, JC Penny. Shaq not only is involved in ABG but is their second largest shareholder. So any profits made from JC Penny directly result in Shaq’s bank account getting larger.

Also read: “They’re Thinkers”: Shaquille O’Neal Justified Loving His Daughters More Than His Sons, Saying They’re More Sensitive