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LeBron James' Net Worth
LeBron James is the greatest basketball player on the planet. Debate all you want about Michael Jordan being the greatest of all time, but even at 35 years old, King James continues to show the rest of the NBA why he’s still a superstar.
Three NBA Championships, four NBA MVP awards and two Olympic gold medals are only part of why James is the king of basketball still. The 6-foot-9 power forward has been a threat to other NBA players since the Cleveland Cavaliers selected him No. 1 overall in the 2003 NBA Draft from St. Vincent-St. Mary High School of Akron, Ohio.
He's a three-time NBA champion and three-time NBA Finals MVP. He won the NBA Most Valuable Player award four times, made the NBA All-Star game every season since 2005, and that's only part of his incredible list of accomplishments.
At 19, James won the NBA Rookie of the Year. Ever since, his production has been off the charts, and he’s been compensated well for his work in re-writing NBA history.
James has made about $307 million to date in career earnings playing basketball across 11 seasons with the Cavaliers, four with the Miami Heat and two with the Los Angeles Lakers. In 2018, James traded in Cleveland for Hollywood and joined the Lakers on a four-year, $153-million contract.
James signed his first major shoe deal as an 18-year-old in 2003, opting for $87 million from Nike rather than a much larger amount Reebok was willing to offer him. That decision has paid off for James, who in 2015 signed a billion-dollar lifetime deal with Nike. The lifetime endorsement deal is expected to pay him $1 billion by the time he turns 64.
LeBron has done endorsement deals with companies like McDonalds, Microsoft, State Farm, Beats by Dre, Coca-Cola, Dunkin Donuts, Baskin Robbins, Samsung, KIA Motors, 2K Sports and others. When Beats Electronics was sold to Apple for $3 billion, James cashed on his one percent stake in the company and took home $30 million from the sale.
He owns stake in English Premier League soccer club Liverpool F.C. He and his partners own numerous Blaze Pizza franchises scattered around Chicago and in Florida. His production company, SpringHill Entertainment, has launched shows like The Wall and has movies like Space Jam 2 in the works.
James also launched a media company, Uninterrupted, that received a $15.8 million dollar investment from Time Warner in 2015.
According to Forbes, James is one of the rare basketball players to earn more each year from endorsement deals than his NBA salary. He earned $36 million on the basketball court and another $53 million from endorsements in 2019.
LeBron James’ net worth is an estimated $450 million in 2020. He checked in at No. 8 on the list of the world’s highest-paid athletes in 2019.
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