Bryant, in March 2014, announced he purchased a 10% stake in sports drink brand BodyArmor, the same day he announced the start of his new company, Kobe Inc.
On Tuesday, Coca-Cola announced it had purchased a minority stake in BodyArmor, and according to ESPN, sources say based on the valuation of the deal, Bryant’s stake is now worth approximately $200 million.
Bryant is the fourth largest investor in the brand, coming behind it’s co-founder Mike Repole, Coca-Cola and Keurig Dr Pepper.
Bryant who is reported to have made about $328 million on court during his 20-year NBA career (and about the same off the court during that time), had made several investments following his retirement.
He formed a $100 million joint venture investment firm with entrepreneur Jeff Stibel and started his own production company, Granity Studios.