|Net Worth:||$600 Million|
|Date of Birth:||December 30, 1984 (38 years old)|
|Height:||6 ft 8 in (2.05 m)|
|Profession:||Basketball player, Athlete, Television producer, Screenwriter, Voice Actor|
|Nationality:||United State Of America|
What is LeBron James’s net worth? How does LeBron James make his money? Below is the current net worth of LeBron James and how LeBron James makes his money.
What is LeBron James’s Net Worth?
LeBron James is an English professional basketball player and business magnate who has a net worth of $600 million. LeBron bypassed varsity and was selected first overall by his local team, the Cleveland Cavaliers, in the 2003 NBA Draft after lighting up the high school basketball world.
From 2003 through 2010, LeBron was a Cavaliers player. In Miami, he “took his skills” and played for the Heat from 2010 until 2014. He steered the Heat to two NBA titles in 2012 and 2013. From 2014 through 2018, he made a comeback with the Cavaliers, earning a national title in 2016. 2018 saw his relocation to the Los Angeles Lakers.
In 2020, he joined LA and won a title.
Ohio’s Akron was the place of LeBron James’ birth on December 30, 1984. LeBron’s mother gave him a toy basketball and hoops when he was still a baby, and he spent hours playing with them.
As soon as LeBron was old enough to represent his elementary school on the court, he automatically flourished. Basketball quickly became LeBron’s life. As a freshman in high school, LeBron joined the All-USA first team at St. Vincent-St. Mary and he became the youngest person to do so in history.
He won the Gatorade National Player of the Year award during his collegiate career. He started going by the moniker “King James” at about this time as well. With the first overall choice in the 2003 NBA Draft, the Cleveland Cavaliers selected LeBron James.
Income From Career
Just over $126 million was made up of LeBron James’ salary alone over his first ten NBA seasons. LeBron’s earnings from sponsorships during that time were reported as $326 million. His first ten years as a professional brought in $452 million.
The Lakers and LeBron agreed to a two-year, $85 million deal agreement. When that deal expires in 2023, LeBron will have made $428 million in NBA wages.
As of this publication, LeBron’s career earnings from sponsorships and agreements are just over $800 million (before taxes and expenses).
LeBron James receives an annual salary from the NBA of about $40 million and an additional $55 million in endorsement payments. His annual earnings now amount to almost $100 million.
LeBron made $86 million between June 2016 and 2017. In the six months from June 2017 to June 2018, LeBron made $85.5 million. He made an additional $85 million between June 2018 and June 2019.
LeBron has sponsorship agreements with numerous businesses, including McDonald’s, Microsoft, State Farm, Beats by Dr. Dre, Coca-Cola, Dunkin’ Donuts, Baskin-Robbins, Samsung, Nike, and more.
LeBron not only supported Beats by Dre but also held a 1% stake in the business. Over the course of his years as a spokesperson, he received royalties totaling $1 million. LeBron received $30 million of the $3 billion price tag when the business was auctioned to Apple.
At the age of 18, LeBron received his first contract with Nike as an endorser. The agreement provided $90 million, or $12.8 million annually, over seven years. In reality, he received a $115 million offer to join Reebok.
Currently, LeBron receives $20 million annually from Nike in compensation and royalties for his brand of customized shoes.
LeBron agreed to a permanent sponsorship agreement with Nike in December 2015 that might wind up costing more than $1 billion. It is supposedly the biggest agreement in the history of the firm and the first everlasting contract Nike has ever extended.
As most people are aware, LeBron chose to forego college and enter the NBA right away after being selected as the first overall pick by his local team, the Cleveland Cavaliers, in the 2003 draft.
His initial contract included a four-year, $18.8 million payout. Before the 2007–2008 season, he agreed to a three–year, $60 million agreement with the Cavaliers, which increased his yearly compensation from $5.8 million to $13 million, $14.4 million, and finally $15.8 million for the 2009–2010 campaign.
Prior to the 2014–2015 season, LeBron came to Cleveland after spending four seasons with The Heat. LeBron chose 1-year agreements deliberately during his time in Cleveland in order to increase his income ability with each passing season as the NBA pay cap increased.
LeBron agreed to a three-year, $100 million contract with the Cavs in 2016, immediately following his NBA championship victory. He earned $23,000,000 in the first year. He earned $30.963 million in his second season, which ranked him the highest-paid player in the NBA for the first time in his history.
He earned $33.285 million in the third year of the contract, which led the league. LeBron signed a four-year, $153 million contract with the Los Angeles Lakers before the 2018–19 season, which has an average annual salary of $38 million.
He left the Cleveland Cavaliers. A two-year, $85 million contract agreement with the Lakers that will retain LeBron with the organization through 2023 was revealed in November 2020. A base NBA salary of that amount equals $42.5 million annually.
Savannah Brinson, James’ high school girlfriend, and James had three kids together. The James family had resided in a $9 million estate in Coconut Grove that had a view of Biscayne Bay.
As of the time of publication, he is the sixth top-paid player in the NBA in the aspect of only salary. His yearly base salary is $41.1 million.
Here on Networthforum, we calculate all net worths using data drawn from public sources. Most times, we incorporate tips and feedback received from the individuals or their representatives.
While we always strive to ensure that our figures are as accurate as possible, please note that they are only estimates, unless otherwise indicated.
This page is updated from time to time so that our readers will know the current net worth of LeBron James. So feel free to check back for the current LeBron James net worth in case of any update on his net worth.