So he is anything but a 'cash-grabbing' individual. $10.49 - $18.19 with code. Covid-19 was the straw that broke the company's back after 118 years in business. Today, Shaquille O'Neal is worth over $350 million, and the number . Shaq undermined Leonard's feat by holding four bottles, instead of two, in the palm of his right hand. All Star and JCPenney Ambassador Shaquille O'Neal and JCPenney CEO Jill Soltau deliver donated gifts . Aside from a very successful basketball career that included four championship wins, NBA legend Shaquille O'Neal is just as known for his very lucrative business dealings.. Over the years, the . About Payment Options - JCPenney. And the Shaquille O'Neal XLG x JCPenney only adds to the mix. 29. Sale prices include a suit for $199.99, sport coat for $114.99 and dress shirt for $32.50. With everything from Shaquille O'Neal XLG exclusively from JCPe. JCPenney Rewards Membership and its benefits are offered at the discretion of JCPenney. After Covid-19 hit and traffic dried up, O'Neal shuttered Shaquille's. He said paying the monthly $90,000 lease wasn't worth it. Shaquille O'Neal is largely regarded as one of the greatest basketball players of all time. Shaq owns Forever 21, JCPenney, Elvis Presley, Marilyn Monroe, and others. Shaquille O'Neal XLG will offer over 60 unique styles of men's suited separates, dress shirts, ties and belts in a range of sizes, all at affordable price points. Enjoy shopping convenience, pay your bill online, and more! With that being said, the time since Shaq has dominated the hardwood has seen the star take on a lot of other roles as both a businessman and a philanthropist, many of which are about as far removed from basketball as can be. 'Asset-light' business model with high margins. All in all, Shaq owns 50 brands and does not plan on stopping there. Many professional athletes can struggle financially once they retire. Among Authentic Brands Group's biggest properties are mall-based chain stores including Forever 21, JCPenney and Aeropostale. Shaq is the owner of: 40 24-Hour Fitness centers. 155 Five Guys Burgers and Fries franchises (sold) $55. The licensing firm that . SANTA MONICA, CALIFORNIA - JUNE 24: Shaquille O'Neal attends 2019 NBA Awards at Barker Hangar on June 24, 2019 in Santa Monica, California. Liz Claiborne Womens Split Crew Neck Short Sleeve T-Shirt. CREDIT: Courtesy. JCPenney CEO Jill Soltau and Shaquille O'Neal present grants, gift cards, and generosity at the Company's Brand-Defining Store Dec. 1. O'Neal is the second-largest individual shareholder of Authentic Brands Group, the company behind dozens of brand and retailer acquisitions, including Forever 21, Barneys New York, JCPenney and . Clarks Womens Cloudsteppers Brinkley Jazz Flip-Flops. During Shaquille O'Neal's long playing career, he earned an estimated $292,198,327 that's a ton of money. C. Penney Company, Inc (carrying on with work as JCPenney and truncated JCP) is a midscale American retail chain . Big-and-tall men will discover suited separates and sport coats in sizes up to 64, belts . Shaquille O'Neal outperformed Kawhi Leonard's viral photo holding two water bottles in the palm of his hand with a unique water bottle challenge. JCPenney CEO Jill Soltau and Shaq will distribute grant money, store gift cards, and exciting surprise gifts at the Company's . Shaquille O'Neal once had his sights set on owning Reebok. After her death at the young age of 36, the rights to her image . 8 2021, Published 10:45 a.m. As I wached another of those endless run of commercials this morning featuring Shaquille O'Neal speaking to a cartoon general, with the ex-NBA player hawking auto insurance, I was struck by not only how many commercials Shaq makes, but the wide, random, range of companies that he has endorsed.. O'Neal has spoken on behalf of -- to name just a few -- a sleep apnea mask, a sugar substitute . $32 - $37. Currently, Shaq already owns just one franchise in Atlanta, which was an estimated investment of $2,750,000, but he is looking to expand his doughnut empire. Shaquille O'Neal has been a philanthropist all his life with countless acts of charity. He helped mentor a young DeMarcus Cousins, and soon after, the center became a perennial All-Star with the Kings.. O'Neal is the second-largest individual shareholder of Authentic Brands Group, the company behind dozens of brand and retailer acquisitions, including Forever 21, Barneys New York, JCPenney and . July 8, 2021 8:53am. JCPenney reserves the right to amend or modify the Program or any of its terms, features or benefits at any time and in any way without notice (including, without limitation, the number of Points or Rewards earned for each dollar in purchases, the number of Points that can be earned per purchase transaction . JCPenney's Profile, Revenue and Employees. Among Authentic Brands Group's biggest properties are mall-based chain stores including Forever 21, JCPenney and Aeropostale. What's amazing is that with the way his investments and business ideas have performed, he stands to make more with his ventures than he did playing in the NBA. Shaq, JCPenney's Big & Tall Style Ambassador, helps big & tall men find the best suit styles! Soda Shaq (Arizona Beverages) 32. ABG reports 2020 revenues of $489m and earnings before interest, taxes, depreciation and amortization of $351m. He's also the joint . Let's talk about Shaquille O'Neal's franchise ventures-the companies Shaq owns and what he's created for himself. In one of his recent tweets, Shaq revealed he has now acquired some of the most popular retail brands in the market. In the NBA, for instance, a staggering 60% of players go broke within five years of leaving the sport.. Christopher Sadowski. 33. Shaquille O'Neal is reportedly the ultimate Krispy Kreme fan, and according to TMZ, he wants to own 100 Krispy Kreme shops, according to TMZ. JCPenney today announced that NBA legend and television personality, Shaquille O'Neal (Shaq), will serve as the Company's exclusive style ambassador for its men's Big & Tall business, reinforcing the retailer's leadership as a destination for special sizes. The brand management conglomerate holds the license to more than 30 brands, ranging from entertainment brands such as Marilyn Monroe and Shaquille O'Neal to retail brands Juicy Couture, Jones New . JCPenney is a Texas-based online and in-store retailer of apparel, footwear, bedding accessories, kitchen appliances, and home decor products. When it comes to having a Krispy Kreme franchise, stores may be operated in . As one of the biggest stars in the history of professional basketball, Shaquille O'Neal's legacy as an athletic phenom has long been solidified. Jul. This Giving Tuesday, JCPenney has the supersized assistance of Shaquille O'Neal to bring joy to deserving non-profit organizations, students, and families, announcing over $240,000 worth of charitable donations. $33sale. The licensing firm that . Now, with the news of the brand's sale to Authentic Brands Group (ABG), the former NBA athlete is one step closer . One big exception is former basketball star Shaquille O'Neal. It's no secret that former athletes often experience post-career money problems. Liz Claiborne Womens Split Crew Neck Short Sleeve Blouse. Shaq has been doing business for a long time now. July 8, 2021 8:53am. May 8, 2018. in Brands, Marketing. The Lakers icon has won four championships in addition to other personal honors, and he is equally successful outside of the game. by JCPenney Company on March 27, 2018. Since joining the Kings, Shaquille O'Neal has been more actively involved in operations than you might think. [+] via curbside pickup to Communities In Schools of North Texas families at the retailer's . . 1 Krispy Kreme. On September 13, NBA champion Shaquille O'Neal adds another notch in his entrepreneur portfolio. In 2018, O'Neal, who has also invested in the esports world, was named the general manager of the Kings Guard Gaming in the inaugural season of the NBA 2K League. Christopher Sadowski. He said paying the monthly $90,000 lease wasn't worth it. by JCPenney Company on March 27, 2018. 31. Shop online 24 hours a day at jcp.com or by phone to 1.800.322.1189 Use your card at jcp stores or online at jcp.com Access your account information and pay your jcp bill online Save more with your JCPenney Credit Card No annual fee . JCPenney today announced that NBA legend and television personality, Shaquille O'Neal (Shaq), will serve as the Company's exclusive style ambassador for its men's Big & Tall business, reinforcing the retailer's leadership as a destination for special sizes. 17 Auntie Anne's Pretzels franchises. Primary competitors include Kohl's, Target, Walmart and 18 more. ET. Shaquille O'Neal making a big and tall line definitely . After more than a century in business, J.C. Penney filed for bankruptcy protection. (Photo by Leon Bennett/WireImage) The Hall of Famer recently appeared on the 'Earn Your Leisure' podcast, which is a financial literacy podcast hosted by Troy Millings and Rashad Bilal. Iconic 1950s movie star Marilyn Monroe was one of the most renowned celebrities of her time. During his basketball career, he earned $292 million just in salary. ABG also owns rights and trademarks for a number of celebrities, living and dead, including Shaquille O'Neal, Elvis Presley, Marilyn Monroe, Greg Norman and Muhammad Ali. Tiger Woods PGA Tour. Shaq will be launching a clothing line that caters specifically to big and tall men that will be sold exclusively at JCPenney. About Shaquille O'Neal Shaquille O'Neal is one of the world's most successful athlete-turned-businessman, whose accomplishments both on and off the court have translated into a highly sought-after consumer brand. But since retiring in 2011, Shaq is bucking the trend in spectacular fashion . As an entrepreneur, sports analyst, DJ, restaurateur, and brand ambassador, Shaquille O'Neal's signature "Business of Fun" mantra resonates throughout each of his . Shaq Fu Punch (Arizona Beverages) 30. 31. Although he is still learning about NFTs, he is a wise man with an immaculate business acumen which sets him apart. 180. Celebrity Net Worth confirms that the superstar athlete-turned-sportscaster brings in a $60 million salary each year between his residuals, his various endorsement deals, and his NBA commentator gigs. Muscle Milk. As of 2021, Shaquille O'Neal is worth $400 million. How did JCPenney fail? May 8, 2018. in Brands, Marketing.