Lebron James Net Worth 2023: Salary, Contract, House, Age, Height, Biography

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Lebron James Net Worth: $600 Million (approx.)

Net Worth:$600 Million (approx.)
Salary:$100 Million Per Year (approx.)
Date of Birth:1984-12-30
Age:38 years
Height:6 ft 8 in (2.05 m)
Profession:Basketball player, Athlete, Television producer, Screenwriter, Voice Actor
Nationality:United States of America

LeBron James net worth is around $600 million. Lebron James is a professional basketball player for the Los Angeles Lakers of the National Basketball Association (NBA).

Lebron James Net Worth
Photo by Kevin C. Cox/Getty Images)

Nicknamed “King James”, Lebron James is said to be one of the greatest players of all time and is frequently compared to Michael Jordan over the greatest basketball player debates.

Lebron James played for the Cavs from 2003 to 2010. Lebron James played for the Heat in Miami from 2010 to 2014. LeBron led the Heat to two NBA championships, 2012 and 2013. Lebron returned to the Cavs from 2014 to 2018, winning a championship in 2016. In 2018 LeBron moved to the Los Angeles Lakers. James won a championship with LA in 2020.

What is Lebron James Net Worth?:

Lebron James net worth is around $600 millions. After perofrming well in the high school basketball, Lebron James skipped college and was drafted as the #1 pick by his hometown team, the Cleveland Cavaliers, in the 2003 NBA draft.

Lebron James Net Worth

LeBron James Salary:

Lebron James salary is $40 million annually from NBA . Lebron roughly earns $55 million from endorsements. So, Lebron James total annual earnings is around  $100 million.

Between 2016 and 2017, Lebron James earned $86 million. Between 2017 and 2018, Lebron James earned $85.5 million. Between 2018 and 2019, Lebron James earned another roughly $85 million.

Lebron James Earnings:

LeBron James’ Earnings is $100 Million Per Year. During his first 10 seasons in the NBA, Lebron made over $126 million in salary alone. During this period, Lebron also made an estimated $326 million from endorsements. This adds up to $452 million from his first decade as a professional.

Lebron James signed a 2 -year $85 million contract with the Lakers. Lebron James will have earned $428 million in NBA salaries till 2023. Lebron James has made slightly over $800 million (before taxes and expenses) from contracts and endorsements during his career .

Lebron James Endorsement Deals:

Lebron James has endorsement contracts with several companies including McDonalds, Microsoft, State Farm, Beats by Dre, Coca-Cola, Dunkin-Donuts, Baskin Robbins, Samsung, Nike and more.

Lebron James Earnings
(Photo by Theo Wargo/NBC/Getty Images for “The Tonight Show Starring Jimmy Fallon”)

In addition to endorsing Beats by Dre, Lebron James also owned 1% of the company. Lebron James recieved royalty payments amounting to $1 million during his years as spokesman. When the company was sold to Apple for $3 billion, LeBron’s share was $30 million dollars.

Lebron James Nike Deal:

Lebron James signed his first Nike endorsement deal at the age of 18. The deal gave him $90 million over 7 years, $12.8 million per year. Lebron James was offered $115 million to sign with Reebok. LeBron earns $20 million per year from Nike in salary and royalty payments for his signature shoe line.

In 2015, LeBron signed a lifetime endorsement deal with Nike that might be worth more than $1 billion. This was the first lifetime Contract Nike offered to anyone and was perhaps the largest deal in Nike’s history.

Lebron James Contract:

Lebron James left college and went straight to the pros as the first pick of the 2003 the NBA draft by his hometown team, the Cleveland Cavaliers. Lebron James first contract was to give him $18.8 million over 4 years.

Lebron James signed a 3 year $60 million extension with the Cavs before the 2007-2008 season that increased his annual salary from $5.8 million to $13 million, $14.4 million and finally $15.8 million for the 2009-2010 season.

Before 2011 season, Lebron James announced his intention to leave Cleveland for Miami with a televised special called “The Decision”. While James would be scolded for the arrogant television special for years, “The Decision” raised roughly $6 million for charity.

When Lebron James shifted to Miami, he took a lower-than-market rate of $110 million over 6 years. Lebron did this as he predicted that he could win an NBA Championship in Miami together with Chris Bosh and Dwyane Wade. In his first season with The Heat, James actually earned $1.2 million less than what he was earning in Miami.

After 4 seasons with The Heat, Lebron returned to Cleveland ahead of the 2014-2015 season. During his years in Cleveland, LeBron intentionally chose 1-year contracts to maximize his earnings potential each subsequent season as the NBA salary cap rose.

In 2016, fresh after winning the NBA championship, Lebron James signed a 3-year $100 million deal with the Cavs. In the first year Lebron made $23 million. In the second year Lebron earned $30.96 million. This also made him the highest-paid player in the league for the first time in his career. In the third year of the deal Lebron made a league-leading $33.28 million.

Before 2018-2019 season, Lebron James moved from the Cavs to the Lakers with a four-year $153 million deal that would pay him an average annual salary of $38 million.

In November 2020 Lebron and the Lakers announced a two-year $85 million contract extension that will keep him with the team through 2023. This works out to $42.5 million per year in base NBA salary.

Is Lebron James A Billionaire?

In the next decade, Lebron James might end up as A Billionaire. LeBron might join the billion dollar athlete club in the coming years. This elite athlete club has many members such as Michael Schumacher ($1 billion), Floyd Mayweather ($1.1 billion) Jack Nicklaus ($1.15 billion), Arnold Palmer ($1.35 billion), Tiger Woods ($1.65 billion) and Michael Jordan ($1.9 billion).

When we add up his new salary and endorsements, LeBron’s career earnings will easily reach $100 million every year in his 4 years in LA. Even at the minimum $100 million per year level, by the end of year 4 of his contract, LeBron James will pass the $1 billion career earnings mark.

Assuming LeBron signs at least one more 3-year NBA contract before retiring, by 2024 Lebron James total NBA salary earnings will be around $350 million. When it’s all added up, LeBron will likely retire in roughly 2025 with around $1.1 billion in career total earnings.

By our estimate, if LeBron follows in the footsteps of legends like Michael Jordan, Magic Johnson and Kobe Bryant, Lebron James net worth will cross $1 billion in 2035 when he will be 51 years old.

Lebron James & SpringHill Entertainment:

Lebron James and Maverick Carter are the co-founders of production company SpringHill Entertainment. The company has produced movies, documentaries and television shows.

Lebron James & Blaze Pizza:

In 2012 Lebron James invested in a pizza startup called Blaze Pizza. At that time, Lebron was under contract with McDonald’s. In 2017, LeBron turned down a $15 million extension offer from McDonald’s so he could expand Blaze Pizza.

Currently, Lebron owns at least 21 Blaze pizza franchises and the company is one of the fastest-growing restaurant chains of all time. LeBron’s equity stake at the company’s latest valuation is worth $40 million.

Lebron James & Liverpool F.C.

Alhough Lebron James final aim is to own an NBA team, in the meantime Lebron owns a soccer team. In 2011, Lebron James acquired 2% stake in Liverpool F.C. from the club’s majority owners, the Fenway Sports Group (owners of the Red Sox).

In the years since the deal was struck, Liverpool won the UEFA Champions League tournament and has grown to be worth $2 billion. James LeBron’s stake is worth at least $40 million.

Lebron James Biography:

No. 6 – Los Angeles Lakers
PositionSmall forward
LeagueNBA
Personal information
BornDecember 30, 1984 (age 37)
Akron, Ohio, U.S.
Listed height6 ft 9 in (2.06 m)
Listed weight250 lb (113 kg)
Career information
High schoolSt. Vincent–St. Mary
(Akron, Ohio)
NBA draft2003 / Round: 1 / Pick: 1st overall
Selected by the Cleveland Cavaliers
Playing career2003–present
Career history
2003–2010Cleveland Cavaliers
2010–2014Miami Heat
2014–2018Cleveland Cavaliers
2018–presentLos Angeles Lakers

LeBron James was born on 30 December, 1984 in Akron, Ohio. When LeBron was an infant, his mother gave him a miniature hoop and basketball which he played with for hours.

Lebron James Biography
(Photo by Douglas P. DeFelice/Getty Images)

Soon, basketball became Lebron James’ life and when James was old enough to play for his elementary school he did extremely well on the court. LeBron went to 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.

In junior year, Lebron was named the Gatorade National Player of the Year. During this period, James became popular as “King James”.

Lebron James featured on the cover of “SLAM” magazine and Sports Illustrated although he was just in high school. It was widely accepted that LeBron was destined to be an NBA superstar.

LeBron was selected by the Cleveland Cavaliers as the first overall pick of the 2003 NBA draft. During his first season, James was the youngest player to have scored 40 points in a single game. LeBron was also the youngest player ever to be voted Rookie of the Year.

Lebron James also played for United States Olympic basketball team and won bronze and gold medals the 2004 and 2008 Olympics, respectively. In 2012 and 2013, LeBron and The Miami Heat won the NBA championship. Lebron was also voted MVP of both series.

James Lebron Wife:

Lebron James has 3 children with school sweetheart Savannah Brinson. When they lived in Miami, the James family had a $9 million mansion overlooking Biscayne Bay in Coconut Grove.

James Lebron House:

In November 2015 James Lebron purchased a 9,350 square-foot mansion in LA’s Brentwood neighborhood for $21 million. At the time it was the highest price paid for a home in the neighborhood.

Lebron James sold it in September 2021 for $19.6 million. In 2017 LeBron plunked down $23 million for a new mansion in Brentwood.

In 2020 LeBron paid $36.8 million for a mansion in Beverly Hills. LeBron owns one of the most-expensive homes in ohio, Cleveland area. Located in Bath Township. The home, which James Lebron had custom built, is valued at $9.5 million by Ohio tax authorities. It has 20 total rooms in 30,000 square-feet of living space. James Lebron bought the property back in 2003 when he was 18 fresh after joining the NBA.

James Lebron Quotes on Success

“I’m going to use all my tools, my God-given ability, and make the best life I can with it.”

“You can’t be afraid to fail. It’s the only way you succeed – you’re not gonna succeed all the time, and I know that.”

James Lebron Net Worth Summary

What is Lebron James’ net worth? Lebron James’ net worth is $600 million. Lebron James is basketball player and entrepreneur.

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  • Post last modified:September 16, 2023