LeBron James Net Worth: How Much Money Does the NBA Icon Make From His Basketball Career?
Los Angeles Lakers star LeBron James is one of the NBA's highest-paid players of all time. Aside from his superb skills in the court, which earned him a high salary, he also snatched lucrative endorsement deals with Nike, Walmart, and other top brands.
According to Forbes, James has earned more than $1 billion during his 18-year career. He also earned more than $600 million in off-the-court earnings. However, that does not make him a billionaire because of his taxes, spending, and investment returns.
James was known to have skipped college and was drafted as the top pick by his hometown team, Cleveland Cavaliers, during the 2003 NBA draft.
He played for Cavs from 2003 to 2010 and brought his talents to Miami, where he played for the Heat from 2010 to 2010. During his stay with the Heat, he earned the team two NBA championships in 2012 and 2013.
LeBron James returned to Cleveland and played from 2014 and 2018, winning them a championship in 2016 before moving to Los Angeles Lakers, wherein they won a championship in 2020.
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LeBron James Net Worth
It was estimated that LeBron James' net worth is around $850 million after accounting for taxes, spending, and investment returns.
According to Celebrity Net Worth, James earns more than $50 million per year in endorsements and has sealed a $1 billion lifetime contract with Nike.
James was forecasted to become a billionaire in 2035. In terms of his NBA salary alone, he remains on the list of highest-paid players in the NBA.
The Los Angeles Lakers star has an annual base salary of $41.1 million. In June 2016 and 2017, James earned $86 million for his total annual income.
He had earned just over $126 million in salary alone during his first 10 seasons in the NBA. From endorsements during the same period, he earned around $326 million.
LeBron James' Wealth Outside NBA
Clutch Points revealed that LeBron James is also a partner of the California-based pizza chain Blaze Pizza. The NBA star reportedly owns 14 franchises in Chicago and South Beach.
James had also partnered up with fellow celebrities such as Cindy Crawford, Arnold Schwarzenegger, and Lindsey Vonn to start Ladder, a health and wellness company. He also had his own production company, SpringHill Entertainment, and the media company Uninterrupted.
He started the SpringHill company with his friend and business partner, Maverick Carter, in 2020 after raising $100 million from backers. The $300 million-worth company combines three companies into one, including his marketing agency, the Robot Company.
LeBron James owns at least four properties worth about $100 million in total. He built a $10 million mansion in his hometown Akron, Ohio.
The Los Angeles Lakers star had also spent $36.75 million for a 13,000-square-foot Beverly Hills. He also has investments in Fenway Sports Group.
It owns the Boston Red Sox, Liverpool Football Club, half of Roush Fenway Racing, and 80 percent of the New England Sports Network.
This article is owned by Latin Post
Written by: Mary Webber
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