Miami Heat star Bam Adebayo has been offered part-ownership in teammate Jimmy Butler’s ‘Big Face Coffee’ business for $2.5 million.
Butler kicked off the venture during his time in the NBA’s Orlando bubble, charging $20 a cup for all sizes, and appears to be taking it quite seriously. He has already landed a merch deal with a clothing company and has also trademarked his company name.
Adebayo, who’s set to come into some real bank after signing a max rookie extension with the Heat, apparently wanted an ownership stake but probably finds the asking price a bit too high. That is according to Taylor Rooks.
“Bam told me a story about, obviously Jimmy Butler and the coffee,” Rooks said on The Lowe Post podcast in a recent chat. “And I was like, ‘Well have you had the coffee?’”
Bam claims to have told Jimmy he wouldn’t taste his coffee unless he’s part owner. “Bam said, ‘Well, Jimmy said I could be a part owner for $2.5 million,’” Rooks added.
The first-time All-Star did not accept Butler’s proposal so he’s yet to taste the coffee. Given the possibility of being paid up to $200 million over the next five years, he could afford an ownership stake pretty easily. We imagine he’ll be pretty regretful if ‘Big Face Coffee’ really takes off in years to come.
Of course the offer might still be on the table then but part-ownership would likely require a lot more than $2.5 million.