As one of the highest-earning NBA players, what does LeBron James use his fortune for?
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On the football field, LeBron James is the dominant NBA player of this era. He has 4 MVP titles, 3 NBA championships and is the 6th highest paid player in NBA history. Off the field, LeBron is no different. In 2015, he caused a stir when he signed a lifetime contract with Nike estimated to be worth up to 1 billion USD. That can be compared to a merger between two companies.
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With the goal of becoming a billionaire player like Michael Jordan, let’s learn about LeBron’s assets and what he has used his huge amount of money for.
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If he doesn’t suddenly retire, in 2 years, LeBron will join Kobe Bryant and Kevin Garnett as NBA players who earn $300 million in their career.
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LeBron also earns $55 million per year thanks to advertising representation contracts. According to Celebrity Net Worth, LeBron James’ total assets are currently estimated at $400 million.
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LeBron is also a great representative player for Nike. Right from high school, Nike signed LeBron to a 7-year contract worth $93 million. Economists calculate LeBron’s value to the city of Cleveland at up to $500 million.
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He bought 2% of Liverpool’s shares worth $6.5 million. LeBron’s shares in Liverpool are currently worth up to 32 million USD. When he arrived at the Miami Heat, LeBron bought a $9 million apartment in Coconut Grove. After leaving the team, he sold it and earned another 4 million USD.
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