LeBron James Net Worth: Earnings from Games & Royalties

LeBron James is the second wealthiest athlete in the world and has an estimated net worth of $400 million and a yearly income of around $80 million. He can play all five positions in Basketball and is considered to be a valued player. He earns approximately $30 million in salary from the Cleveland Cavaliers and the rest $50 million from all his endorsements. Let us take into account all of the factors that have determined his net worth.

Early Life

James was born on 30th December 1984 in Akron, Ohio.  He was interested in basketball at a young age, and his mother sent him to the local basketball coach’s house when he was nine so that he could live better and have stability in his life. He was the star in Basketball of his school ‘St. Vincent St. Mary High School’. In 2013, he married his high school sweetheart Savannah Brinson, and the two have three kids together.

Earnings included in LeBron James Net Worth

His Basketball career

The basketball player has earned around $126 million in salary alone.

  • His fame as a player in school grabbed much attention, and the Cleveland Cavaliers snatched him in their first draft pick in 2003 and offered him a contract worth $12.9 million and earned a starting salary $4 million a year
  • In 2007, he led his Cleveland Cavaliers to victory, and his salary saw an increase of $15 million a year by 2010
  • In 2010, LeBron picked the Miami Heat and also led them to victory in the year 2012 earning a yearly salary of $19 million
  • He also won gold medals at the Olympics with the Dream team in 2008 and 2012
  • He returned to his first club ‘Cleveland Cavaliers’ in 2015 and helped them win the 2016 NBA season with a salary of $30 million per season

Suggested Read Kobe Bryant Net Worth

Movie Career

  • He made an appearance on the movie ‘Trainwreck’ in 2015

Property

  • LeBron owns a home in Brentwood, California which is worth $23 million. The 15,846 square feet home is a three-storey building with eight bedrooms, massage room, a gym, a basement theatre, a cigar room and a wine cellar
  • He also owns a mansion like home in Ohio’s Bath Township which is worth an estimated amount of $9.53 million. The two storey home is 5,934 square feet and sits on a 30,745 square feet of land. It consists of six bedrooms, ten bathrooms, six half bathrooms, two family rooms, four fireplaces and a basement
  • He is also said to own a $9 million home in Miami, Florida and a $2.1 million home in Akron, Ohio

Suggested Read – Magic Johnson Net Worth

Vehicle collection

The basketball player has an extensive collection of rides and most of them being expensive. His collection includes:

  • Ferrari F430
  • 2010 Camaro SS worth $23,705
  • Mercedes Benz S63 AMG worth $144,175
  • Maybach 575
  • Dodge Challenger SRT worth $26,995
  • H2 worth $63,090
  • Jeep Wrangler worth $22,995
  • Porsche Turbo worth $165,000
  • Lamborghini Aventador
  • Chevrolet Impala
  • Rolls Royce Phantom
  • Bentley Continental GT
  • Range Rover HSE

Endorsements and ventures

  • LeBron owns 1 percent of Dr Dre’s Beats and receives $1 million being their spokesperson. He also received $30 million when the company was sold to Apple
  • He has a lifetime deal with Nike and in just seven years has received $90 million
  • His salary and royalty from his signature show line from Nike is $20 million
  • He also has deals with Coca-Cola, Intel, Verizon and Kia Motor
  • He is also the Co-owner of ‘SpringHill entertainment.’
  • James is the owner of 10 percent of ‘Blaze Pizza Franchise.’

Suggested Read – Larry Bird Net Worth

Books

He has co-authored the following books:

  • LeBron’s Dream Team: How five friends made history in 2010
  • Shooting stars an audio book in 2009

Social Work

  • LeBron James is the founder of ‘The LeBron James Family Foundation’ whose main aim is to help young adults and children with educational facilities spending more than $1 million every year to help educational causes like getting young children gain interest in school, provide college fees and learn to code
  • In 2010, his dilemma to choose between the Cavaliers and Miami heat was shown on an hour-long special which raised $3 million, LeBron gave this amount to help many charities and $2.5 to the ‘Boys and Girls Club of America’
  • In 2015, James collaborated with the Akron University to provide fully funded four-year scholarships to over 1,100 kids that amounted to a total of $41.8 million
  • LeBron donated $2.5 million to the Mohammed Ali exhibit in 2017

Other charities and foundations that LeBron supports are:

  • Gabrielle’s Angel Foundation
  • Children’s Defense Fund
  • After School All-Stars
  • ONEXONE
  • He supports causes such as Cancer, Children, Education, Youth, Poverty, Hunger, Health, Mental Challenges and many more

Conclusion

LeBron James is one of the most wanted and talented basketball players in the NBA today. The NBA star has a bright future ahead of him and is loved by fans all over the world. In addition to being super rich and having all the luxury amenities that life has to offer him, LeBron is also a philanthropist. He has donated millions of dollars towards the well- being of the underprivileged. He has set an example for all the young players to learn and give back to society when it’s their turn. He has won many awards for his gameplay as well as his social service.

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