James, who was 11 when ‘Space Jam’ came out first, is now the star of the franchise. LeBron James has a net worth of $500 million and while he has done many iconic achievements, his philanthropy is what truly stands out.
Lebron James Net Worth 2023:
|Net worth||$500 Million|
|Date of birth||December 30, 1984|
|Height||6 feet 9 inches|
|Profession||Professional basketball player|
LeBron James and his net worth
As an iconic athlete, Lebron James is the perfect NBA player for the movie and quite a worthy successor to the legendary Michael Jordan. His charisma is set to take the ‘Space Jam: A New Legacy’ movie to a whole new level. He can now add “acting” to his profile. While this movie is bringing out a whole new side to him, he is said to have made money not only as an actor but also as a producer.
James, who was 11 when Michael Jordan’s ‘Space Jam’ came out, has replaced Jordan as the star of the franchise, perhaps setting the stage for a lucrative post-NBA career.
Outside his newfound acting skills, we’re all aware that James is a professional basketball player and entrepreneur. James’ net worth is estimated to be $500 million. James earns around $40 million in salary from the NBA every year and takes home close to $55 million from endorsements.
Good tidings from his career
Over the course of his first 10 seasons in the NBA, James earned just over $126 million in salary. Do you want to know how much he has earned over the course of his career? A whopping $600 million in salary.
He signed a two-year $85 million contract extension with the Lakers. At the end of the contract in 2023, LeBron will have earned $428 million in NBA salaries.
LeBron James and his net worth in endorsements
James earned $326 million from endorsements in the first decade of his career. His endorsement deals vary across multiple companies like McDonald’s, Microsoft, State Farm, Beats by Dre, Coca-Cola, Dunkin-Donuts, Baskin Robbins, Samsung, Nike and more.
While endorsing Beats by Dre, James also owned 1% of the company. When the company sold to Apple for $3 billion, James’ cut was $30 million.
How much LeBron James earns from his Nike deal
James signed his first Nike endorsement deal when he was 18. The deal paid him $90 million over seven years. Fast forward to today and James earns $20 million per year from Nike.
In December 2015, James signed a lifetime endorsement deal with Nike that could be worth more than $1 billion. The first-lifetime deal Nike has offered and reportedly the largest deal in the company’s history.
Lebron James net worth in on-the-job contracts
In 2016, right after his NBA championship, James signed a three-year $100 million deal with the Cavs. While in the first year, he made $23 million, in the second his earnings went up to $30.963 million—making him the highest-paid player in the league.
Post the 2018-2019 season, James moved from the Cavs to the Lakers. His four-year contract was worth a $153 million deal wherein the annual salary would amount to $38 million.
In November 2020, James’ two-year $85 million contract extension was signed with the Lakers to keep him with the team till 2023.
What are LeBron James’ contributions to charity?
LeBron James’ foundation contributes to ONExONE and the Children’s Defense Fund. Both foundations work towards providing food, water, care and education to children in America and abroad.
James donated $2.5m to the Smithsonian’s National Museum of African American History and Culture. He made the donation to exhibit the life of former Boxer Muhammad Ali. He attributes the donation to what Ali meant to him — not only as a sports champion and inspiration, but also his values outside of the ring.
How many rings does LeBron James have?
Apart from being one of the most popular and influential athletes on the planet, LeBron James is a basketball savant. But over the course of the past 2 decades, how many championships has LeBron James won? He has won 4 NBA Championships and as is regarded as one of the greatest basketball players to have played the game. Outside of being a ring champion, James is also a very successful entrepreneur and investor.
Where does LeBron James live?
LeBron James’ mansion sits atop Beverly Hills. With a wife, three kids and a half-a-billion dollars in net worth, the property is spread across 2.5 private acres. LeBron James’ $500 million net worth comes from his salary, endorsement deals and real estate across the country.