Shaquille O’Neal invests heavily in New York City in $ 1.5 billion arena

This isn’t the first time that Lakers legend Shaquille O’Neal has struck another massive trade deal. After his retirement in 2011, Shaq has been an active businessman and entrepreneur. As it stands, he had won large sums of money during his NBA career. Yet the 49-year-old is one of the few who continues to make company headlines many years after hanging up his boots. In the last of these deals, O’Neal made a gigantic investment in New York.

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When Shaq goes there, he ends up scoring. This was the case with a mansion in Florida that he also recently sold. During his time playing, O’Neal was one of the main centers in the NBA. He was at one point the Lakers’ best prospect and a multi-million dollar icon. During his career spanning two decades, he averaged nearly 24 points. At the same time, he was also 4 times NBA champion, 3 times MVP of the finals and 15 times All-star.

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?? Lakers Shaquille O’Neal and Kobe Bryant celebrate after defeating the 76ers in Game 4 of the NBA Finals in Philadelphia on Wednesday, June 13, 2001. (Photo by Wally Skalij / Los Angeles Times via Getty Images)

Shaquille O’Neal lands deal at UBS Arena in New York

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At this point, Shaq has signed the richest contract in the league. So, he’s no stranger to big bucks. The 2016 Hall of Fame inductee is the co-owner of popular restaurant chain Big Chicken. After the success of the first business in Las Vegas, Big Chicken now has several branches. Now the former Laker is focused on opening the restaurant in sports stadiums. And he’s now made a huge investment in UBS Arena in New York, home of the NHL’s New York Islanders.

The new stadium is worth around $ 1.5 billion and can accommodate massive crowds. It’s set to host its first regular-season game on November 20, and Shaq’s catering business will play a huge role. Now Big Chicken has reportedly signed a big deal with the Arena and will sell their fried chicken sandwiches at NHL games and other events. Promoting his channel while speaking to CNBC, Shaq said: “It’s my ritual. Fried chicken with cheese, pickles and hot sauce.

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Formula 1 F1 – United States Grand Prix – Circuit of the Americas, Austin, Texas, USA – October 24, 2021 Former US professional basketball player Shaquille O’Neal is seen on the grid prior to the start of the Pool race via REUTERS / Darron Cummings

The deal marks another success off the field for great Shaquille O’Neal. Now NHL buffs and New York City will get a taste of Big Chicken. Partnering with the new stadium just might be another brilliant move from Shaq, which will reap the rewards very soon. After all, who doesn’t love a little fried chicken?

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