LeBron James made about $30 million from owning a small stake in Beats Electronics, also known as Beats By Dre, when the company was bought by Apple. He was an early investor in that company, and he may get to be an early investor in another innovative project once again. The Ohio City start-up called Phenom promised LeBron a stake in their business if he returned to the Cavs, and, although the promise was a PR stunt, they have drawn up papers to give the King some of their brainchild. This start-up has an app for amateur athletes to show off their gear and the staff they train with. The president of Phenom wants to release some more features for the app before presenting LeBron with the ownership paperwork. Right now, the business is not generating revenue and is focused on creating a following.