LeBron James recently became the first active NBA player to cross one billion mark in terms of net worth. James’ professional basketball career started after being drafted by the Cleveland Cavaliers in 2003 and since then he has never looked back. Born to a 16-year-old single mother, LeBron has come to become one of the richest basketball player. James has currently being playing for Los Angeles Lakers since 2018 and his deal with the team has extended for another 2 years. LeBron has signed the 2-year, $97.1 million contract extension that includes a player option for 2024-25. Other than basketball, James also has a sharp mind for business and has taken equity in brands he works with. LeBron James Net Worth 2023 stands at about $1 billion.
LeBron James Net Worth 2023
LeBron James is the list of the 12 New Sports Billionaires in 2023 as released by Forbes.
|Net worth (2023)||$1 billion|
|Total earning last year||$529 million (est.)|
Salary & Endorsement Deals
During his 19-year long career, LeBron James has made $387.3 million. He has also signed a new two-year, $97 million extension with his current team Lakers according to which he will earn $141 million over the next three years. In addition to his NBA salary, LeBron has also made roughly $90 million in endorsements which include Walmart, Intel, Kia and others. James also has a longtime sponsorship with Beats by Dre and a seven-year, $93 million deal with Nike which he signed right out of high school. His Nike deal got an extension in 2015 till lifetime.
James also make significant amount of money from his Instagram, an estimated $428,000 per sponsored Instagram post. He is also a spokesman for Blaze Pizza and has a deal with rival PepsiCo and its Mountain Dew brand. James also owns certain stake in Liverpool FC.
LeBron James Biography
James was born on December 30, 1984, in Akron, Ohio to Gloria Marie James and Anthony McClelland. Her mother was only 16 years old at the time of his birth and his father has an extensive criminal record and was not involved in his life. James had to move a lot when he was young while her mother struggled to find work. He later moved in with a local youth football coach who introduced James to basketball when he was nine years old.
James married his high school sweetheart Savannah James in 2013 and together the couple has three children- two sons and one daughter.
|Full name||LeBron Raymone James Sr.|
|Years active||2003 – present|
|Date of birth||December 30, 1984|
|Spouse||Savannah James (2013 – present)|
|No. of children||3|
|League||National Basketball Association|
|Current team||Los Angeles Lakers|
|Height||6 ft 9 in (2.06 m)|
|Weight||250 lb (113 kg)|
|Parents||Gloria Marie James (mother) Anthony McClelland (father)|
Professional Career of LeBron James
Cleveland Cavaliers (2003–2010)
Professional basketball career of LeBron James began when he got selected by his hometown team, the Cleveland Cavaliers in 2003. In his very first season, James set an NBA record with 25 points. When the season approached the end, James became the first Cavalier to receive the NBA Rookie of the Year Award. He earned his first NBA All-Star Game selection in his second season and was named the NBA All-Star Game Most Valuable Player in only his third season.
Miami Heat (2010–2014)
After his deal with Cavaliers ended in 2021, James became an unrestricted free agent and signed with the Miami Heat, after being approached by a number of teams. However, his decision wasn’t welcomed by the fans, critics and even reputed basketball players like Michael Jordan and Magic Johnson, were also critical of James. Still, James went on to win his third and fourth MVP awards with the Heat. In 2014, James opted out of his contract with the Heat and officially became an unrestricted free agent.
Los Angeles Lakers (2018–present)
The charismatic performance of James continued with the Lakers and he went on to make multiple records with the team. In his duration with the Lakers, James became the second-oldest player in league history to win the Finals MVP award the second player in NBA history to post 40 points and zero turnovers at age 35 or older.
Forbes List & LeBron James
Before being included in the Forbes’ list of billionaires, LeBron James has been featured multiple times by the Forbes in their other reputed lists including 30 Under 30, World’s Highest-Paid Athletes and America’s Richest Entrepreneurs Under 40.
- #2 The World’s Highest-Paid Athletes (2022)
- 30 Under 30 – Hall of Fame (2022)
- #9 Celebrity 100 (2020)
- 30 Under 30 – All Star Alumni (2017)
- #39 America’s Richest Entrepreneurs Under 40 (2016)
- 30 Under 30 – Sports (2014)
- 30 Under 30 – Entertainment (2011)
Stephen Curry ($92.8 million)
LeBron James has made 296 shots from downtown in his career.