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What is LeBron James Net Worth?

What is LeBron James Net Worth

What is LeBron James Net Worth?

LeBron James is an American professional basketball player and entrepreneur who has a net worth of $500 million. After setting the high school basketball world on fire, LeBron skipped college and was drafted as the #1 pick by his hometown team, the Cleveland Cavaliers, in the 2003 NBA draft.

LeBron played for the Cavs from 2003 to 2010. He then “took his talents” to Miami, where he played for the Heat from 2010 to 2014. He led the Heat to two NBA championships, 2012 and 2013.

He returned to the Cavs from 2014 to 2018, winning a championship in 2016. In 2018 he moved to the Los Angeles Lakers. He won a championship with LA in 2020.

What is LeBron James Net Worth

As of this writing he is the sixth-highest paid player in the NBA in terms of salary alone. His annual base salary is $41.1 million.

Outside of sports, LeBron is one of the highest-earning and globally powerful celebrities on the planet. He earns more than $50 million per year in endorsements and has a $1 billion lifetime contract with Nike. He has parlayed his fame and wealth into a veritable business empire, with investments in a number of startups. He is a part owner of Liverpool F.C..

At his current earnings and investment pace, LeBron James will become a billionaire in 2035.

Personal Life and Real Estate

James has three children with his high school sweetheart Savannah Brinson.

When they lived in Miami, the James family owned a $9 million mansion overlooking Biscayne Bay in Coconut Grove.

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In November 2015 LeBron bought a 9,350 square-foot mansion in LA’s Brentwood neighborhood for $21 million. At the time it was the highest price paid for a home in the neighborhood. He attempted to sell this home for about a year, but ultimately accepted a slight loss when he sold it in September 2021 for $19.6 million.

In November 2017 LeBron plunked down $23 million for a new mansion in Brentwood.

In September 2020 LeBron paid $36.8 million for a mansion in Beverly Hills.

Back in Ohio LeBron owns one of the most expensive homes in the Cleveland area. Located in Bath Township. The home, which LeBron had custom built, is valued at $9.5 million by Ohio tax authorities. It has 20 total rooms in 30,000 square feet of living space. He bought the property back in 2003 when he was 18 fresh after joining the NBA.

Early Life

LeBron James was born on December 30, 1984 in Akron, Ohio. When LeBron was just an infant his mother gave him a miniature hoop and basketball which he played with for hours. Soon, basketball became LeBron’s life and when he was old enough to play for his elementary school he excelled immediately on the court.

LeBron attended St Vincent-St Mary high school where, as a sophomore, he became the youngest person ever to join the USA Today All USA first team. In his junior year he was named the Gatorade National Player of the Year. It was also around this time that he became known as “King James”.

James began to appear on the cover of “SLAM” magazine and Sports Illustrated even though he was still in high school. It was clear to everyone that LeBron was destined to be an NBA superstar.

What is LeBron James Net Worth

Career Earnings

During his first 10 seasons in the NBA, LeBron James earned just over $126 million in salary alone. During that same time period LeBron earned an estimated $326 million from endorsements.

That’s $452 million from his first decade as a professional. LeBron signed a two-year $85 million contract extension with the Lakers. By the time that contract is up in 2023, LeBron will have earned $428 million in NBA salaries.

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As of this writing, LeBron has earned slightly over $700 million from contracts and endorsements during his career (before taxes and expenses).

Summary

What is Lebron James’ net worth? LeBron James is an American basketball player and entrepreneur. As of 2021, Lebron James’ net worth is $500 million.

Nike Deal

LeBron signed his first Nike endorsement deal at the age of 18. The deal paid $90 million over seven years, $12.8 million per year. He actually was offered $115 million to sign with Reebok.

Today LeBron earns $20 million per year from Nike in the form of salary and royalty payments for his signature shoe line.

In December 2015, LeBron signed a lifetime endorsement deal with Nike that ultimately could be worth more than $1 billion. It is the very first-lifetime deal Nike had ever offered and reportedly the largest deal in the company’s history.

What is LeBron James Net Worth What is LeBron James Net WorthWhat is LeBron James Net Worth

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