Lebron James net worth is fitting of not only one of the most recognizable athletes, but people, on the planet. Ever since coming into the NBA back in 2003, Lebron has dominated both the sport and the headlines, both on and off the court. A four-time NBA MVP and two-time NBA champion, Lebron has established himself as easily one of the 10 best players to ever play the game. He has led the league in jersey sales six times. But what makes Lebron James truly special is his marketability, and business acumen. Lebron makes about $42 million a year through endorsement deals with dozens of companies including McDonalds, Microsoft, State Farm, Beats by Dre, Coca-Cola, Dunkin-Donuts, Baskin Robbins, Samsung, and most famously, Nike. Lebron is one of the most well represented athletes across all sports. With all these endorsement deals and monumental NBA contracts, how much is Lebron’s net worth exactly?
Lebron James Net Worth as of 2017: $310 Million
With a recently signed, lifetime deal with Nike, Lebron has broke new ground for athletes, as most companies are hesitant to sign an athlete for a lifetime deal. With a contract in place to make sure Lebron stays paid long after his play days are over, his net worth is sure to exponentially increase. But how did Lebron get to this point? We take a look.
Lebron was drafted as the number one overall pick in the 2003 NBA draft by the Cleveland Cavaliers.
He signed a seven-year deal, $90 million deal with Nike before the season even began.
James recorded his first career triple-double on January 19 of the 2004–05 season, becoming the youngest player in league history to do so at 20 years.
With averages of 27.2 points, 7.4 rebounds, 7.2 assists, and 2.2 steals per game to finish the season, he became the youngest player in NBA history to be named to an All-NBA Team.
For the 2005-06 season, he averaged 31.4 points, 7 rebounds, and 6.6 assists per game, becoming the youngest player in league history to average at least 30 points per game.
At the 2006 All-Star Game, James led the East to victory with a 29-point and 6-rebound performance, becoming the youngest ever winner of the All-Star Game MVP Award at 21 years, 51 days.
After the 2006 Playoffs, James and the Cavaliers negotiated a three-year, $60 million contract extension with a player option for a fourth year.
In Game 5 of the Conference Finals, James notched 48 points with 9 rebounds and 7 assists, and scored 29 of Cleveland’s last 30 points including the game-winning lay-up with two seconds left against the Pistons. After the game, play-by-play announcer Marv Albert called the performance “one of the greatest moments in postseason history” and color commentator Steve Kerr called it “Jordan-esque”.
James, with comedian Jimmy Kimmel, co-hosted the 2007 ESPY Awards.
At the conclusion of the 2008 season, James finished second in Defensive Player of the Year voting and made his first All-Defensive Team with 23 chase-down blocks and a career-high 93 total blocks. He also became only the fourth postmerger player to lead his team in points, rebounds, assists, steals, and blocks in a single season.
With averages of 28.4 points, 7.6 rebounds, 7.2 assists, 1.7 steals, and 1.2 blocks per game, James became the first Cavalier to win the MVP Award.
In March 2008, James became the first black man—and third man overall after Richard Gere and George Clooney—to appear on the cover of Vogue, posing with model Gisele Bündchen.
In June 2008, James donated $20,000 to a committee to elect Barack Obama. Later that year, James gathered almost 20,000 people at the Quicken Loans Arena for a viewing of Democratic presidential nominee Barack Obama’s 30-minute American Stories, American Solutions television advertisement. It was shown on a large screen above the stage, where Jay-Z later held a free concert.
In 2009, he was featured in the Lions Gate documentary More Than a Game, which chronicled his high school years.
On July 8, 2010, ESPN aired a live special named The Decision that ran 75 minutes. At 9:28 p.m EDT, James announced that he would play with the Heat in the 2010–11 season, teaming with Miami’s other All-Star free agent signees Dwyane Wade and Chris Bosh. This event is considered one of the few blemishes of Lebron’s career.
In 2011, Fenway Sports Group became the sole global marketer of his rights, and as part of the deal, he was granted a minority stake in the English Premier League football club Liverpool FC.
Miami matched their best start to a season in franchise history, and at the conclusion of the lockout-shortened 2011–12 campaign, James was named MVP for the third time, finishing with averages of 27.1 points, 7.9 rebounds, 6.2 assists, and 1.9 steals per game on 53 percent shooting.
In 2013, he surpassed Kobe Bryant as the highest paid basketball player in the world with earnings of $56.5 million.
In February of the 2012–13 season, James had a “month for the ages”, averaging 29.7 points and 7.8 assists per game while setting multiple shooting efficiency records. During this period, the Heat began a 27-game winning streak, the second longest in NBA history.
James was named MVP for the fourth time, falling just one vote shy of becoming the first player in NBA history to win the award unanimously.
In 2014, James realized a profit of more than $30 million as part of Apple’s acquisition of Beats Electronics; he had originally struck a deal to get a small stake in the company at its inception in exchange for promoting its headphones.
2015 – 2017
According to Forbes, sales of his signature shoe totaled $340 million between February 2014 and January 2015, making him the company’s highest earner.
He has the endorsement portfolio to match with estimated earnings of $44 million off the court this season, more than any other athlete in team sports.
On December 7, 2015, LeBron agreed to a lifetime contract with Nike, the biggest of its kind in company history.
In 2015, James announced a partnership with the University of Akron to provide scholarships for as many as 2,300 children beginning in 2021.
He was featured in a Beats By Dre TV commercial in 2015.
In 2015, he played himself in the Judd Apatow film Trainwreck,receiving positive reviews for his performance. He is currently producing a Starz sitcom called Survivor’s Remorse
In 2015, Forbes listed James the sixth highest earning sportsman, after Floyd Mayweather, Jr., Manny Pacquiao, Cristiano Ronaldo, Lionel Messi and Roger Federer, and the 18th highest earning celebrity, with earnings of $65 million in the previous 12 months.
In December 2015, James’ digital video company, Uninterrupted, raised $15.8 million from Warner Bros. Entertainment and Turner Sports to help expand the company’s efforts to bring athlete-created content to fans.
With a combination of elite skills, a winning personality, and sound business decision’s, Lebron’s net worth should only increase for the remainder of his life.