Coca-Cola announced on November 1, 2021, that it was buying the remaining 85% of sports drink brand BodyArmor in a $5.6 billion cash deal.
Kobe Bryant initially invested about $6 million in March 2014 for around a 10 percent stake and joined the board of directors.
The Wall Street Journal reported that Bryant's estate received $400 million from the final acquisition by Coca-Cola.