Lebron James Net Worth 2023: Biography, Career and Salary

James, who was 11 when Michael Jordan’s ‘Space Jam’ came out, has replaced Jordan as the star of the franchise. Did you also know he uses his millions to provide food, water, care and education to children across the world?
Lebron James net worth
Lebron James Net Worth 2023: Biography, Career and Salary
There are few slam dunks in life, but don’t you think it is a good bet when you pair a global icon like LeBron James with a 'Space Jam' movie?
In this article

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 birthDecember 30, 1984
Height6 feet 9 inches
ProfessionProfessional 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.

Also Know: How Dwayne ‘The Rock’ Johnson uses his net worth for good

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.

Want to read more about how other celebrities do good with their net worth, including Giannis Antetokounmpo and Chris Paul, read our blog.

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Shirlene Grace Isaac

Shirlene Grace Isaac

Shirlene puts words on the Internet because she loves to do so and also for the money! She is a singer, songwriter, occasional poet, artist and muser — all in the body of a 20 something. She's a taleteller of sorts often looking for opportunities to narrate stories untold.

This page is purely informational. Beem does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.

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