James has revealed that he is in talks with Beckham about making an investment in the former Manchester United and England player’s planned MLS franchise.
Should James choose to cut a deal with Beckham it will not be his first foray into the world of football as he is already a minority stake holder Liverpool as part of a partnership with the club's owners Fenway Sports Group.
James told reporters that he had learned more about football since becoming associated with Liverpool and Fenway saying: "I've grown to the point where I know exactly what's going on when I'm watching the game."
The 28 year-old who currently plays for the Miami Heat and is widely considered to be the best player in the NBA at the moment feels that there is a market to expand Major League Soccer and that his current city of residence is the perfect place to do so, talking of a potential investment, he told the South Florida Sun-Sentinel: "David has become a good friend of mine.
"There's interest on both sides and I think this is a great town for soccer.
"There's a lot of soccer players here, there's great youth soccer players here and people love the city as well. That definitely would help."
At present there are 19 teams in the MLS, 16 from the US and 3 for Canada so it wouldn’t be hard to start a new franchise or to fit them into the system, it is also believed that the cost of the operation will not be as high as many feel with Beckham signing a contract to become a team owner at a discounted price during his time with the LA Galaxy.
The former England captain took up the option to form a side after retiring from football at the end of last season when he finished his career at Paris St-Germain.
Over the last few years James has become a household name after leading the Miami Heat to back-to-back NBA titles and being named MVP twice in the process, the commercial worth of both men is perhaps one of the biggest draws for potential investors after Forbes listed both men in the top 10 wealthiest sportsmen, their reported earnings last year were around £66m with James sitting in 4th in the list (£37m) and Beckham 8th (£29m).
image: © Jeremy Ryan