How much is LeBron James’ net worth?
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| net worth: | $1.2 billion |
|---|---|
| age: | 39 |
| Birth: | December 30, 1984 |
| gender: | Male |
| Height: | 2.05 m (6 ft 9 in) |
| country of origin: | United States |
| Source of funds: | Professional NBA players |
| Last Updated: | August 7, 2024 |
LeBron James is an American professional NBA player who plays for the Los Angeles Lakers who has an estimated net worth of $1.2 billion.
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In his career, LeBron has won multiple NBA championships and several MVP awards, earning him the nickname “King James.” He has also written books, starred in movies and TV shows, owned restaurants and clubs, and created a foundation that has given millions of dollars to help children across the US get a better education.
His work ethic is incredible. LeBron once told NBA fans that he doesn’t want to be remembered as just a great basketball player; he wants them to recognize him as someone who impacted the world. James is considered one of the best players in basketball history, second only to the great Michael Jordan. By all accounts, LeBron will be remembered as one of the greatest athletes and people of all time.
Career Overview
In 2003, James was selected by the Cleveland Cavaliers as the first overall pick of the NBA Draft. He was the youngest player to be selected first in the NBA Draft at the time and is one of two players to be drafted straight out of high school.
His first season was incredible. He set a new NBA record for most points scored by a prep-to-pro player in his first game and was also named Rookie of the Year.
Over the next few seasons, LeBron became a star, appeared in his first All-Star Game, and won multiple Most Valuable Player awards.
In June 2010, LeBron announced he would be leaving Cleveland and signing a six-year, $110 million deal with the Miami Heat. ESPN aired the decision in a one-hour special called ‘The Decision.’
In his first season in Miami, James helped the Heat reach the NBA Finals, where they lost to the Dallas Mavericks in six games. The following year, he won his first NBA championship when the Heat defeated the Oklahoma City Thunder in five games.
In 2013, James received his fourth NBA Most Valuable Player Award. He won his second consecutive championship in 2013 when the Heat defeated the San Antonio Spurs in seven games.
He played for the Miami Heat for four seasons, but decided to return to the Cleveland Cavaliers after LeBron James took over in 2014. With LeBron James as the leading scorer, the Cavaliers won the NBA championship in 2016 and 2017.
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It wasn’t until 2018 that LeBron left the Cavaliers and joined the Los Angeles Lakers as a free agent, signing a four-year, $154 million contract. James has won so many awards it’s hard to list them all, but you can check out some of his best highlights below.
Income and Salary
| Year | Team | Salary |
|---|---|---|
| 2005/06 | Cleveland Cavaliers | $4,621,800 |
| 2006/07 | Cleveland Cavaliers | $5,828,089 |
| 2007/08 | Cleveland Cavaliers | $13,041,250 |
| 2008/09 | Cleveland Cavaliers | $14,410,581 |
| 2009/10 | Cleveland Cavaliers | $15,779,912 |
| 2010/11 | Miami Heat | $14,500,000 |
| 2011/12 | Miami Heat | $17,545,000 |
| 2012/13 | Miami Heat | $19,067,500 |
| 2013/14 | Miami Heat | $19,067,500 |
| 2014/15 | Cleveland Cavaliers | $20,644,400 |
| 2015/16 | Cleveland Cavaliers | $22,970,500 |
| 2016/17 | Cleveland Cavaliers | $30,963,450 |
| 2018/19 | Los Angeles Lakers | $35,654,150 |
| 2019/20 | Los Angeles Lakers | $37,436,858 |
| 2020/21 | Los Angeles Lakers | $39,219,565 |
| 2021/22 | Los Angeles Lakers | $41,180,544 |
| 2022/23 | Los Angeles Lakers | $44,474,988 |
| 2023/24 | Los Angeles Lakers | $47,607,350 |
| Total Career Earnings: | $444,013,437 | |
nba salaries
When LeBron James first signed with the Cleveland Cavaliers in 2003, he secured a four-year, $18.8 million rookie contract. That deal would be worth $32.1 million when adjusted for inflation. James made $4 million in his first NBA season, and his salary gradually rose to $5.8 million in the final year of his contract.
In 2007, LeBron signed a four-year extension worth $60.4 million with the Cavaliers. Between 2007 and 2010, he earned an average annual salary of $15 million.
In 2010, LeBron signed his first nine-figure contract, a 6-year sign-and-trade contract worth $109.8 million between the Cavaliers and the Miami Heat. However, only $64 million worth was guaranteed, which is all LeBron earned from the contract.
James’ contract included an early termination option, which he exercised after the fourth year. This resulted in him earning $64 million over four years. This era of James’ career was called “The Decision”, with many criticizing him for leaving the Cavaliers and moving to Miami.
LeBron opted out of the contract two years early and signed back with Cleveland on a two-year, $42.2 million deal. He played one season, earning $20.6 million, then declined his play option. James resigned on a slightly higher-paying contract with the Cavs, earning $23 million in 2015.
In 2016, LeBron signed his second nine-figure contract, worth $100 million over three years. James made $31 million with Cleveland in 2016 and $33.3 million in 2017. He only secured $64.2 million of the contract’s value before declining his third-year option.
In 2018, LeBron moved to the Los Angeles Lakers, where he signed his third nine-figure contract and the most valuable contract of his career. James signed a four-year, $153.3 million, fully guaranteed deal with the Lakers, making his average annual salary $38.3 million.
The final year of the deal was cancelled to allow James the opportunity to negotiate a new two-year extension worth $85.6 million.
In 2023, he signed a two-year veteran extension worth $99 million, just short of becoming his fourth nine-figure contract. Finally, in 2024, LeBron officially signed his fourth deal worth over $100 million. His current contract is a two-year, $101 million pact that will see him earn an estimated $48.7 million this year at age 40.
This figure would be the highest annual salary of his career; unless he decides to retire after that, he could earn an estimated $52.6 million in salary in 2025.
LeBron is the only player in NBA history to sign four 9-digit contracts.
During his NBA career, LeBron James has earned a salary of $479.5 million, including $101 million guaranteed.
endorsement
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LeBron’s endorsement portfolio is awe-inspiring and includes Coca-Cola, Nike, Beats by Dre, Intel, Kia Motors, and Blaze Pizza. His most recent endorsement deal is with Verizon’s mobile television service.
The Lakers star has reportedly signed a three-year deal with the company, under which he will be paid around $30 million to promote the service on social media platforms like Snapchat and Twitter.
LeBron also owns several business ventures, including Liverpool FC (a small stake), Blaze Pizza (his part ownership helped make it a billion-dollar brand) and Uninterrupted – a digital media company he founded.
LeBron also owns production companies called SpringHill Entertainment and The Robot Company, through which he has produced movies like Space Jam 2, in which he stars alongside Bugs Bunny; TV shows like Survivor’s Remorse; documentaries like I Promise; commercials for Sprite soda; YouTube content, and more.
King James is also known for his philanthropic efforts in addition to his off-court income from endorsements, business ventures, investments, and production companies. In 2017, he pledged to provide scholarships for children graduating from the I Promise School in Akron, Ohio through his LeBron James Family Foundation.
LeBron James’ Net Worth
When we first covered LeBron’s net worth in 2019, it was estimated to be $440 million. Since then, he has earned an additional $172 million in salary alone. His earnings from sponsorships and endorsements now exceed his salary, with him receiving about $350 million from sponsors since 2019. James is the only active NBA player listed as a billionaire by Forbes.
In 2024, LeBron James’ net worth will now be an astonishing $1.2 billion.
More current/former Cleveland Cavaliers players:
Highlights
Here are some of the key highlights of LeBron James’ career:
- 3-time NBA champion (2012, 2013, 2016)
- 3-time NBA Finals MVP (2012, 2013, 2016)
- 4-time NBA Most Valuable Player (2009, 2010, 2012, 2013)
- NBA Rookie of the Year (2004)
- NBA Scoring Champion (2008)
- Olympic Gold Medalist (2008, 2012)
- NBA All-Rookie First Team (2004)
- NBA All-Star Game MVP (2006, 2008)
Summary
LeBron James is, without a doubt, one of the best NBA players in history, and all the attention/awards he has received reflect that. With LeBron James’ net worth being $1.2 billion, he is one of the highest-paid athletes in the world.
However, his impact on the game of basketball has made him a legend among an entire generation of players and fans. LeBron is more than just “King James.” He is a cultural icon and a national hero. He is a celebrity outside of basketball as well.
Yet, none of this would have been possible if LeBron hadn’t taken responsibility to improve himself and grow as a player and person throughout his illustrious career.
He is a true inspiration to any aspiring athlete, proving that you can overcome any obstacle in life with hard work and dedication.
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Category: Net worth