The super-star and four-time MVP in Los Angeles Lakers has built an empire of support deals, sponsorships, and major contracts from its entry into the League in 2003. James saw the net worth skyrocket throughout his long NBA career; King James was one of the world’s highest paying athletes in the last several years. According to Celebrity Net Worth, LeBron James’ net worth is estimated at $500 million and a major source of income comes from salary, sponsorships, movies, TV shows and endorsements.
NBA Career LeBron James
His NBA journey started out when the first overall selection in the 2003 NBA draught was chosen by his hometown team Cleveland Cavaliers. Moreover, he became the first Cavaliers player to receive the NBA Rookie of the Year award by the end, and his first NBA all-star call-up took only one more season.
He is one of the top basketball players in the next few years. In 2010 he concluded his deal with the Cavaliers and was a celebrity. LeBron was reportedly approached as a free agent by several teams before he eventually signed with Miami Heat.
Though he played for years in his second career for Cavaliers, he left and signed the contract with Los Angeles Lakers in 2018. But after the LeBron James’ Lakers season in 2018 was disturbed by injuries, it’s a fresh start to the 2019-20 NBA season.
LeBron James Net Worth
James’s net worth a staggering $500 million according to Celebrity Net Worth. The same source says that its annual NBA salary is around 40 million dollars. He was number 5 on the Forbes’ Highest-Paid Athletes List by 2020.
The 36-year-old signed a new $85 million two-year extension of the deal with the LA Lakers last year. At the end of his contract in 2033, he would have made NBA salaries of about $428 million.
Lebron James Salary
$38.4 million in LeBron James’s salary means that $738,000 is paid per week. This makes LeBron James one of the highest-paid athletes in the world, let alone the highest-paid basketball player in the world.
James has the best endorsement portfolio of NBA as per Forbes. The 36-year-old has dealt with the likes of McDonalds, Nike, Coca-Cola, Microsoft, Beats By Dre, Samsung, State Farm Insurance and many more.
In addition to his NBA salary, Lebron James’ main source of income is sponsorship dealing, around $55 million a year. The NBA Superstar has a lifetime contract with Nike, signed in 2015, worth up to $1 billion in the end.
Foundation LeBron James and Charity
The LeBron James Family Foundation was founded as part of his charitable work. The foundation gathers and gives funds to a range of charitable institutions such as the Club of Boys and Girls of America, the All-Stars after-school, the Child Defense Fund, the Angle Foundation of Gabriel’s, and ONEXONE.
He also paid for 1,000 students and launched “Wheels for Education,” an initiative offering school materials, access to laptops, and even bicycles for children of low income.
About Lebron James
|Net Worth||$500 million|
|Age||36 years (December 30, 1984)|
|Source of Wealth||Basketball, Endorsements, Movies, TV Shows & Investments|
|Endorsements||Nike, McDonald’s, Blaze Pizza, Beats Electronics, Sprite, Upper Deck, State Farm Insurance, Audemars Piguet, Dunkin’ Donuts, Samsung, Kia, Verizon, Intel|
Disclaimer: All the facts and figures about LeBron James net worth are based on the analysis, research and reports released by trusted sources.