What is LeBron James's Net Worth?
|Name: LeBron James|
Born: December 30th, 1984
Company: Miami Heat
Position: NBA Player
LeBron James currently has a net worth of an estimated:
LeBron James is one of the most recognizable athletes in the world.
"King James", who currently plays for the Miami Heat, is one of the most polarizing personalities in the NBA (National Basketball Association). James is undoubtedly one of the most popular players based on jersey and sneaker sales, but he is also one of the most hated as well, thanks, in large part, to the way that he left the Cleveland Cavaliers.
James' unpopular departure from the Cavaliers did nothing to hurt his pocketbook, however, as his earnings have continued to top the $50 million mark annually.
When considering Lebron's net worth, let's start with his salary.
Here is his salary history since entering the NBA:
2003-04 - $4,018,920
2004-05 - $4,320,360
2005-06 - $4,621,800
2006-07 - $5,828,090
2007-08 - $13,041,250
2008-09 - $14,410,581
2009-10 - $15,779,912
2010-11 - $14,500,000
2011-12 - $16,022,500
2012-13 - $17,545,000
2013-14 - $19,067,500
2014-15 - $20,590,000
2015-16 - $22,112,500
As LeBron has pointed out in the past, he has never had a "max" deal since debuting in the NBA back in 2003. That is true, but that was also his choice.
LeBron James also makes roughly $40 million per year in endorsements - not a surprise, given that he is one of the biggest names in the game. Nike, Coke and McDonald's are just some of the blue chip sponsors that LeBron James has, with Nike reportedly paying "King James" $15 million per year. Not a bad deal when you consider that LeBron sells over $100 million worth of sneakers for Nike each and every year. In addition, LeBron also regularly has the best-selling jersey in the league.
What has LeBron's impact been on the Miami Heat and their business? In a word - massive.
According to Forbes, the Miami Heat had a value of $364 million prior to signing LeBron to his much-publicized deal. In their most recent analysis of NBA teams, Forbes assigned a value of $625 million to the Heat, for an increase of well over $250 million in just a couple of years. The Miami Heat's revenues have reportedly increased over 25% since LBJ arrived in "South Beach".
As of that wasn't enough, the Heat are reportedly on the verge of signing a massive new regional TV deal that could see them receive as much as $100 million per year.
No wonder the owner of the Cavaliers was so furious when LeBron left town.
LeBron James can opt out of his contract after the 2013-14 season. There will be plenty of money waiting for him no matter where he decides to go.
Photo: Keith Allison
LeBron James is worth 1,940 times more than the median US household
If LeBron James sold everything that he owned, he could fund the United States' deficit spending for 0 days.
Note: Net Worth changes calculated at 4 pm EST daily
The net worth pages are strictly for entertainment purposes only. The information on these pages is based on speculation and shouldn't be construed as being accurate in any way.
By: Dave Manuel