Body Armor is owned by Keurig Dr Pepper, which acquired the company in 2018 for $420 million. The drink is designed to help athletes recover from workouts and improve their performance. Conclusionīody Armor is a sports drink that was created by Lance Armstrong and his business partner, Mike Repole. The company is headquartered in Purchase, New York. ![]() ![]() BodyArmor is a sports drink company that was founded in 2011. Is Bodyarmor Owned by Coke?īodyArmor is not owned by Coke. Collins saw a need for a healthier alternative to traditional sports drinks, which are often high in sugar and calories.īodyArmor is made with all-natural ingredients and has no artificial sweeteners or colors. BodyArmor has been around since 2011 and was created by Lance Collins, who also created Fuze Beverage and NOS Energy Drink. Who is Bodyarmor Owned By?īodyArmor is a sports drink company that is owned by Keurig Dr. So, if you’re ever feeling thirsty during a game of pick-up hoops, remember: Kobe drinks BodyArmor. It is packed with electrolytes, coconut water and vitamins and is low in sodium and. The company has been growing rapidly in recent years, thanks in part to endorsements from big names like Bryant and LeBron James. BODYARMOR is a premium sports drink that provides superior hydration. That means that Kobe has made a cool $20 million from his investment, which he first made back in 2014.īodyArmor is now valued at $2 billion after being purchased by Coca-Cola earlier this year. The former NBA star turned entrepreneur has sold his 10% stake in the company for $200 million, according to a report by ESPN. Kobe Bryant’s investment in sports drink company BodyArmor is paying off. BODYARMOR is a premium, sports drink that provides superior hydration. How Much Did Kobe Bryant Make from Bodyarmor? His stake in the company is now worth an estimated $200 million. He recruited athletes, like Harden, Richard Sherman and Naomi Osaka, went to trade shows, hosted dinners with bottlers, and attended sales meetings.So does Kobe still own BodyArmor? Yes, he does. Bryant was in his 18th season with the Los Angeles Lakers but became a critical part of BodyArmor’s success. Three days later, Bryant invested $6 million for roughly 10% of the company in his first move after setting up Kobe Inc., as he prepared for his post-NBA career. This has a 1% chance of working,” Repole says he told Bryant, who then rattled off a list of reasons people doubted him during his career, and added, “One percent? Those are the best f-ing odds in my life.” Bryant wanted to be part of Repole’s next beverage venture, but the entrepreneur said he kept turning down the hoops star because of the venture’s long odds, which had $10 million in sales, but was burning through more cash than that annually. Mike Trout, James Harden, Andrew Luck and Buster Posey were early endorsers and investors.īryant and Repole originally met in 2008 when Bryant did an endorsement deal with Vitaminwater, which Repole co-founded and had sold to Coca-Cola for $4.1 billion the prior year. Repole and Lance Collins launched BodyArmor in 2011 as a healthier sports drink alternative to PepsiCo’s Gatorade brand, which remains the category leader. The credibility he gave us was incredible. ![]() “I don’t want people to ever forget that BodyArmor wouldn’t be where we are if it wasn’t for Kobe Bryant,” Repole said. Repole calls it Bryant’s “business legacy,” on top of his five NBA championships, two Olympic gold medals, Oscar and other accomplishments. Earlier this year, BodyArmor also created a new strawberry grape flavor called Mamba Forever. ![]() The partnership will refurbish sports facilities and fund youth clinics around the U.S., which aligns with the foundation’s goals to fund sports programming for underserved athletes. This is my way of making sure that Kobe’s legacy and what he stood for will continue for a long, long time.” We are going to make it a billion-dollar foundation. “I want this thing funded for the next 100 years. “This $24 million is just the beginning,” Repole said in a phone interview. The announcement comes two days after what would have been Gianna’s 16th birthday. Body Armor Strawberry Banana: Looking for the sweet and refreshing flavor by body armor Well, this is the perfect option to pick. It is the largest donation that the MMSF has received since its inception. while traveling to a youth basketball tournament. In a nod to Bryant’s uniform number, BodyArmor and Repole have donated a combined $24 million to the Mamba & Mambacita Sports Foundation (MMSF), which was established in 2020 after the tragic deaths of Bryant, his daughter Gianna and seven others in a helicopter crash in Calabasas, Calif. The company and its founder, Mike Repole, want to ensure the legacy of the basketball great remains top of mind. Kobe Bryant played a critical role in helping BodyArmor become the No.
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