LeBron James Net Worth, How did American basketball players accumulate such a huge fortune? Read on to find out more about LeBron James Net Worth and his career.
About LeBron James
He is an American professional basketball player. LeBron James started to appear on the cover of ‘SLAM’ magazine and Sports Illustrated even though he was still in high school.
LeBron has three children with his high school girlfriend Savannah Brinson.
What is LeBron James Net Worth? Continue reading to find out more about LeBron James Net Worth.
|Full Name:||LeBron Raymone James|
|Date of Birth:||December 30, 1984|
|Net Worth:||$480 Million|
LeBron James Early Life and Career
LeBron Raymone James was born on December 30, 1984, in Akron, Ohio. L. He was still young when his mother gave him a miniature hoop and basketball which he played with for hours.
Thereafter, basketball became LeBron’s life and when he was old enough to play for his elementary school he excelled immediately on the court.
James 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.
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He was named the Gatorade National Player of the Year in his junior year. That was when he became known as ‘King James’.
James was named the first overall pick of the 2003 NBA draft by the Cleveland Cavalier. However, during his first season, he was the youngest player to ever score 40 points in a single game, as well as the youngest player ever to be voted Rookie of the Year.
He also played for the United States Olympic basketball team and won bronze and gold medals in the 2004 and 2008 Olympics, respectively. From 2012 to 2013, James and The Miami Heat won the NBA championship.
James was also voted MVP of both series. He announced on July 1st, 2018 that he had signed a 4-year $154 million deal to join the Los Angeles Lakers. His previous deal paid him $136 million over 11 seasons.
After opting out of his contract with the Miami Heat, on July 11th, 2014, James shocked the world by announcing that he will be re-joining The Cleveland Cavaliers.
James remained with the Cavs from 2014 to 2018. They also won the NBA championship in 2016. He moved to the Los Angeles Lakers in 2018.
LeBron James Net Worth
As of 2020, LeBron James Net Worth is $480 Million while his salary is $100 Million per annum. LeBron James Net Worth is earned from his career as a basketball player.
He earns around $40 million in salary from the NBA per year and roughly $55 million from endorsements.
From June 2016 to 2017, James earned $86 million. From June 2017 to June 2018, he earned $85.5 million. From June 2018 to June 2019, James earned another roughly $85 million.
During his first 10 seasons in the NBA, he earned just over $126 million in salary alone. That same time period, James has earned an estimated $326 million from endorsements.
James currently has endorsement deals with dozens of companies including McDonald’s, Microsoft, State Farm, Beats by Dre, Coca-Cola, Dunkin-Donuts, Baskin Robbins Samsung, Nike and more.
In addition to endorsing Beats by Dre, James owned 1% of the company. James also earned royalty payments totaling $1 million during his years a spokesman and when the company sold to Apple for $3 billion, James took home $30 million.
He signed his first Nike endorsement deal at the age of 18 that paid $90 million over seven years, $12.8 million per year.
James currently earns $20 million per year from Nike in the form of salary and royalty payments for his signature shoe line.
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