LeBron James is a professional basketball player who has won National Basketball Association (NBA) championships with the Miami Heat, Cleveland Cavaliers, and Los Angeles Lakers and is widely regarded as one of the greatest players. He first gained national notice for his basketball abilities, but he was also a brilliant football player who earned All-State accolades. Lebron James is currently the fifth highest-paid player.
What Is Lebron James Net Worth?
CelebrityNetWorth.com estimates LeBron James’ net worth to be $500 million, and CBS Sports predicted that if his winning streak in basketball and business continues, he will become a billionaire by 2022. They were correct, as it turned out! Before retiring from the NBA in July 2021, James became the first active player in NBA history to earn more than $1 billion in his career. That sum is made up of about $300 million in NBA contracts (see below), plus $700 million inside hustles such as contracts, media ventures, endorsements, merchandising, and more.
LeBron James makes more money with the side hustles than the NBA. Let’s look at each side hustle.
SpringHill Entertainment Company added James 54 producing credits to his record, including some high-profile films. James’s first executive producer credit was for the animated web series The LeBrons in 2011, which was succeeded by the video game NBA 2K14 in 2012. He has appeared in films such as Trainwreck, Teen Titan Go!, and others.
LeBron James Endorsement
James has proven to be a very astute businessman, owing to his large-return investments and partnerships with some of the world’s most well-known brands. James began promoting McDonald’s in 2010, and he has also worked with Intel, Pepsi, Kia, Coca-Cola, Samsung, and State Farm. In addition, he and Arnold Schwarzenegger co-founded OpenFit, a nutritional supplement firm. As a result, James makes an estimated $55 million per year alone from sponsorships.
What Is His Biggest Contract?
In 2012, James, Maverick Carter, and businessman Paul Wachter invested about $1 million in Blaze Pizza in Los Angeles. That investment was worth a stunning $25 million by 2017. James also became a brand spokesperson after turning down a $15 million contract renewal offer from McDonald’s.
He has also signed contracts with Nike. The contract was worth $1 billion.
In 2021, James auctioned a mansion in Los Angeles’ prestigious Brentwood district for $20.5 million.
In 2020, he paid $36.75 million for a Beverly Hills property that included 2.5 acres, two guesthouses, a pool house, screening room, swimming pool, tennis court, two-bedroom suites, and seven fireplaces.
Additionally, James owns real estate in Ohio, where he was born and raised. His 30,000-square-foot mansion in Ohio sits on seven acres of land. Seize bedrooms and eight bathrooms are among the mansion’s 19 total rooms. Other amenities include an aquarium and a two-story walk-in closet.
Early and personal life
Birth and childhood
On December 30th, 1984, LeBron was born in Akron, Ohio. His parents are Gloria James and Anthony McClelland. He grew up in Akron, Ohio, and had a tough childhood. His father was a convicted felon who was absent when he was a child. His family was impoverished and going through a difficult time. Fortunately, LeBron’s basketball coach, Frankie Walker, took him under his care and allowed him to stay with his family, away from the neighborhoods, so that he could concentrate on school and basketball.
LeBron James attended St. Vincent – St. Mary High School in Akron, Ohio. After winning the basketball team to the three champions league, he was voted “Mr. Basketball” in Ohio. He skipped college and went straight to the NBA when he was selected first overall in the 2003 NBA draft.
- In 2003, LeBron was chosen by the Cleveland Cavaliers, and he spent his first seven seasons with them. He was considered a hometown hero and possibly Cleveland’s biggest celebrity ever because he grew up just down the road in Akron, Ohio.
- Following the 2006 NBA Playoffs, James and the Cavaliers agreed to a three-year, $60 million contract agreement that included a player option to pursue a contract offer as a free agent.
- LeBron James was known as a free agent in 2010. As a result, he was free to join any team he wanted. In a show called “The Decision,” LeBron announced that he would be joining the Miami Heat as their next player. LeBron James led the Miami Heat to the NBA championship finals every year during his four years with the team, winning twice.
- LeBron returned to Cleveland in 2014. He aspired to deliver a title to his hometown. In 2016, he led Cleveland to the NBA championship.
- James opted to leave the Cavaliers and join the Los Angeles Lakers in 2018. In 2020, he led the Lakers to their fourth NBA title and was named Finals MVP.
Awards and achievement
He was a member of the American Olympic gold-winning teams in Beijing (2008) and London (2012), as well as a bronze medalist in the Seoul Olympics (2004). He also owns gold and a bronze medal from the FIBA Americas Championship.
The Miami Heat defeated the Oklahoma City Thunder to win the NBA Championship in 2011-12, James’ first NBA title. He had 26 points, 11 rebounds, and 13 assists in the last game.
In 2013, at the age of 28, he became the youngest and 38th NBA player to score 20,000 points, surpassing Kobe Bryant of the Lakers, who did so at 29.
LeBron James Family
LeBron James is married to Savannah Brinson. They have three children: two sons, LeBron James, Jr. (born 2004) and Bryce Maximus James (born 2007), and a girl, Zhuri James (born 2014).
Lebron James is a professional basketball player and fifth highest-paid player. LeBron James was born on December 30th, 1984, in Akron, Ohio. He was drafted by the Cleveland Cavaliers in 2003 and spent his first seven seasons with them. LeBron joined the Miami Heat in 2014 and the Los Angeles Lakers in 2018. LeBron is also the first active player in NBA history to earn more than $1 billion in his career. That sum is made up of about $300 million in NBA contracts, plus $700 million inside hustles such as contracts, media ventures, endorsements, and more.