LeBron James Net Worth, Salary, Wiki, Age, Height, Pic, Phone Number, Affair, Family, Biography & More

LeBron James Net Worth

The world’s best American professional basketball player “LeBron James” has a net worth of $1 billion. According to various online resources (Wikipedia, Forbes, IMDb), the most popular American professional basketball player, LeBron James, has an estimated net worth of around $1 billion. LeBron James is an American professional basketball player who has a net worth of $1 billion. We’ll tell you where and how this money came from, but before that we’ll tell you some fun facts about it. It is different that people stopped reading newspapers in the age of TV media. But even today, being on the cover of Sports Illustrated is considered a big deal. LeBron James landed a spot on the cover of Sports Illustrated while he was still in high school.

What is LeBron James Net worth?

Just call him Labillion! LeBron James’ net worth is estimated at $500 million and in February 2021, CBS Sports predicted that if his winning streak continues in both basketball and business, he will be on track to become a billionaire before 2022.

Turns out, they were right! In July 2021, it was reported that James became the first active player in NBA history to earn $1 billion in career earnings before retiring from pro ball. That number comes down to about $300 million-plus earned from his NBA contract (see below), plus $700 million in side hustles like licensing, media ventures, endorsements, merchandising and more.

LeBron James is first active NBA player to become a billionaire

LeBron James has added another title to his collection: Billionaire. Forbes estimated the Los Angeles Lakers star’s net worth at $1 billion in a report released Thursday. He is the first active NBA player to reach the status. Michael Jordan, whose net worth Forbes puts at $1.7 billion, didn’t reach billionaire status until 11 years after he retired. Forbes estimates that James earned $121.2 million last year, eclipsed only by Lionel Messi, who brought in $130 million.

This includes his entertainment group, SpringHill, which he sold a minority stake in for $725 million, according to Forbes. Springhill has produced shows such as The Shop and a docuseries on Naomi Osaka, as well as the film Space Jam: A New Legacy, in which James starred. He has a 1% stake in Fenway Sports Group, which owns Liverpool FC, the Boston Red Sox and recently agreed to buy the NHL’s Pittsburgh Penguins. James bought a 10% stake in Blaze Pizza for just under $1m in 2012, which Forbes says is now worth $30m.

Lebron James Salary

LeBron James signed a four-year contract with the Los Angeles Lakers in 2018. The deal was for $153 million over four years. He resigned with the Lakers for two years through the 2022-23 season. His contract is worth $85.6 million, with an average salary of $42.8 million. James is up for an extension with the Lakers this season.

Lebron James Annual Income

Every year, LeBron James earns about $40 million from NBA salary and about $55 million from endorsements. This brings his total annual income to around $100 million. Between June 2016 and 2017, LeBron earned $86 million. Between June 2017 and June 2018, LeBron earned $85.5 million. June 2018 and June 2019, he earned another $85 million.

Lebron James Career Earnings

In his first 10 seasons in the NBA, LeBron James earned over $126 million in salary alone. LeBron earned an estimated $326 million from endorsements during that same period. That’s $452 million from his first decade as a pro. LeBron signed a two-year, $85 million contract extension with the Lakers. By the time the contract expires in 2024, LeBron will earn $428 million in NBA salary.

Will LeBron James Be A Billionaire?

Within the next decade, but more on that in a moment. Before becoming a billionaire. LeBron must first join the billion dollar athlete club. The club currently has six members: Michael Schumacher ($1 billion), Floyd Mayweather ($1.1 billion), Jack Nicklaus ($1.15 billion), Arnold Palmer ($1.35 billion), Tiger Woods ($1.65 billion) and Michael Jordan ($1.9 billion).

Lebron James Professional Basketball Career

James made his debut for the United States national team at the 2004 Olympics in Athens, Greece. He spent the games mostly on the bench, averaging 14.6 minutes per game with 5.8 points and 2.6 rebounds per game in eight games. Team USA finished the competition with a bronze medal, the first US basketball team to return home without a gold medal after adding active NBA players to its lineup. James felt that his limited playing time was a “low light” and believed that he was not given a “fair chance to play”. His attitude during the Olympics was described by columnist Adrian Wojnarowski as “disrespectful”.