With all the clichés that come to mind about representatives of the Afro-American hip hop scene, one must definitely acknowledge long-term success. Ice Cube laid the foundation for his career and fame more than 30 years ago and is now one of the true megastars in his industry. Accordingly, he has a lot of experience and capital to offer, which of course makes him interesting beyond his actual profession.
Together, with billionaire Carolyn Rafaelian, he is currently planning a very special takeover. It involves the acquisition of 21 regional Fox sports programs for a total of 10 billion dollars. Ice Cube’s interest can probably be explained by his emotional closeness to basketball, while the elegant jewelry billionaire’s drive remains her own secret. In previous appointments with the cool rapper, the two seemed like a very unequal couple. Perhaps it is precisely this fact that helps create synergies.
But $10 billion is an amount that even these two can’t easily pay. That’s why they’ve teamed up with other partners who want to contribute their share. What is still missing from the total amount is financed by loans.
Pure insanity or clever strategy?
What at first sounds like an incredibly risky undertaking will most likely turn out to be a very clever investment. It can hardly be assumed that the enthusiasm for sports among Americans will decrease in the future. The opposite is more likely to be the case. Possibly the 10 billion mentioned here will even appear as a real bargain in a few years’ time. What is certain is that all the companies and people involved in the deal are as cool as ice. And perhaps that is why Ice Cube has this coolness in his stage name.
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