LeBron James’ incredible endorsement deals and dollars per bucket were revealed as he broke a longstanding record
There’s not much left for LeBron James to conquer after the Los Angeles Lakers All-Star broke Kareem Abdul-Jabbar’s elusive record.
The four-time NBA champion’s triumphs extend beyond the hardwood and include many successful business ventures that have earned him a place in the billionaire club.
By the end of the 2022-23 season, James will have earned a career salary of $431,859,107.
That should be over $33,600 per bucket, which the Ohio native earned for the Lakers, Cleveland Cavaliers and Miami Heat during his 20-year NBA career.
However, when combined with his sponsorship deals, the four-time NBA MVP’s actual annual income is estimated to be well over $100 million.
Forbes named James the second-highest-paid athlete of 2022, with his off-field earnings reaching $80 million thanks to deals with brands like Nike, AT&T, PepsiCo and Walmart.
The Lakers forward’s partnership with Nike began in 2003, the year the Cavaliers drafted him with their No. 1 pick.
He turned down offers from Reebok and Adidas as he saw the Oregon-based sportswear manufacturer as a better fit for his future endeavors.
About 12 years later, James signed a lifetime contract with Nike that alone made him tens of millions of dollars.
The NBA superstar’s business acumen has been evident in many of his investing decisions.
James has acquired interests in several companies he works with, including Blaze Pizza, Lyft and fitness equipment maker Tonal.
He also skilfully conducted his business ventures to maximize the profits of other ventures.
His SpringHill media company co-produced Space Jam: A New Legacy, the 2021 Hollywood blockbuster in which James starred.
And last year, the forward’s co-owners at Fenway Sports Group were among investors who bought “a significant minority interest” in SpringHill valued at about $725 million.
Over the past 12 months, James has partnered with a cryptocurrency exchange platform, a carbon neutral food manufacturer and a bicycle manufacturer.
He also continues to invest in the sport and recently bought a major league pickleball team along with NBA stars Draymond Green and Kevin Love.
And the basketball icon has been vocal about his plans to one day own an NBA franchise, ideally in Las Vegas.
James may be nearing his basketball retirement, but his vast business empire will continue to grow.
https://www.the-sun.com/sport/7276711/lebron-james-endorsement-deals-dollars-record/ LeBron James’ incredible endorsement deals and dollars per bucket were revealed as he broke a longstanding record