LeBron James, the outstanding star of the Los Angeles Lakers, has become the first active player in NBA history to reach a net worth of 1 billion dollars (around 930 million euros).
LeBron James and his extraordinary earnings
Until now, only one other NBA figure, Michael Jordan, had managed to surpass this figure, but he did so more than ten years after retiring, in 2014, thanks to an investment in the Charlotte Hornets basketball team.
The American Lakers player is widely recognized as one of the greatest basketball athletes of all time, with four NBA titles, four Most Valuable Player (MVP) awards and 4 Finals MVP awards.
The league’s all-time leading scorer, James has managed to maximize both his sporting career and his business ventures, accumulating more than $1.2 billion (around €1.12 billion) in pre-tax profits, which exceed $1 billion after taxes.
Within the NBA, he has received salaries above 385 million dollars (close to 360 million euros) from the three teams to which he has belonged in his 19 years active: Cleveland Cavaliers, Miami Heat and Lakers. Off the field, the player has obtained more than 900 million in income from sponsorships, investments and other projects, including his participation as an actor in the film “Space Jam: A New Era”, released in Spain in July of last year. .
In addition, he is a partner in Fenway Sports Group, a company that owns different sports teams such as Liverpool FC and the Boston Red Sox baseball team. His investment in the American fast food chain Blaze Pizza is estimated at around $30 million, and his $80 million in real estate holdings include two houses in Los Angeles (California) and a mansion in his hometown, Akron (Ohio), where he founded a school for children at risk of social exclusion four years ago.
2024-03-26 01:43:40
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