LeBron James Net Worth

Introduction: 

LeBron James Net Worth, How did American basketball player attain such huge fortune? Check this article to find out more about LeBron James Net Worth and his career.

LeBron James Early Life

He is an American professional basketball player. LeBron James was still young when his mother gave him a miniature hoop and basketball which he played with for hours.

Thereafter, basketball became LeBron life and when he was old enough to play for his elementary school he excelled immediately on the court.

He attended St Vincent-St Mary high school where, as a sophomore, LeBron became the youngest person ever to join the USA Today All USA first team. James has three children with his high school girlfriend Savannah Brinson.

LeBron James Career

LeBron Raymone James was born on December 30, 1984 in Akron, Ohio. L. In his junior year, he was named the Gatorade National Player of the Year. That was when he became known as ‘King James’.

He started to appear on the cover of ‘SLAM’ magazine and Sports Illustrated even though he was still in high school. It was clear to everyone that James was destined to be an NBA superstar.

LeBron James was named by the Cleveland Cavaliers as the first overall pick of the 2003 NBA draft. 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 United States Olympic basketball team and won bronze and gold medals the 2004 and 2008 Olympics, respectively. Between 2012 and 2013, James and The Miami Heat won the NBA championship.

James was also voted MVP of both series. On July 1st, 2018, he announced 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. In 2018 LeBron moved to the Los Angeles Lakers.

LeBron James Net Worth

As of today, LeBron James Net Worth is $480 Million while his salary is $100 Million per annum. LeBron James Net Worth is acquired 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 McDonalds, 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.

James signed his first Nike endorsement deal at the age of 18 that paid $90 million over seven years, $12.8 million per year.

He currently earns $20 million per year from Nike in the form of salary and royalty payments for his signature shoe line.

Summary: 

LeBron Raymone James is a professional basketball player from America. In his junior year, he was named the Gatorade National Player of the Year.

He was named by the Cleveland Cavaliers as the first overall pick of the 2003 NBA draft.

As of 2020, LeBron James’ net worth is $480 Million.