“Muhammad Ali is such a cornerstone of me as an athlete because of what he represented not only in the ring as a champion but more outside the ring — what he stood for, what he spoke for, his demeanor,” James said, via USA TODAY Sports.

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“I think of him every day. Without his passion and goals and morals, I don’t know if I’d be sitting here today talking to you about it.”

According to the report, James, his charitable foundation and James’ business partner, Maverick Carter, will donate a total of $2.5 million to the new exhibit.

Former NBA stars such as Michael Jordan ($5 million) and Magic Johnson ($1 million) have also donated to help the exhibit at the recently opened museum.