LeBron James’ Net Worth, NBA Salary, Lakers Contract, House, Wife, and More

One of the greatest players to have ever set foot on the court, LeBron James has made a legacy almost impossible to mimic. Now playing his 21st season in the NBA, King James continues to make, break and extend existing records every game. As his stardom and wide acclaim only keeps climbing, so does LeBron James’ net worth.

LeBron James has already become the first ever active NBA player in history to have achieved billionaire status. Needless to say, the worldwide icon has made an empire of his own with his ever-excelling ventures on and off the court.

The Lakers superstar has won four Championships with three different franchises, winning at least one with every team he has played for. He has been equally successful with his business ventures. LeBron has invested across various projects and has partnered with multiple brands and renowned outlets. Here’s what you need to know about LeBron James’ net worth in 2024.

LeBron James’ Net Worth

NBA professional LeBron James has an estimated net worth of about $1 billion in 2024. The LA Lakers superstar is the first ever active NBA player to have crossed the billion-dollar net worth mark. LeBron has already played over two decades professionally in the league and is now in his 21st season.

His career earnings over the course of the last 20 seasons amount to over $400 million and could reach almost $500 million by the end of the season. LeBron has made the rest of his wealth from massive brand endorsement partnerships, including the life-time deal with sportswear giant Nike.

LeBron James has also invested extensively across various business projects and even holds minority stakes at EPL club Liverpool FC, and at franchises in the NHL and MLB. The NBA star has equity shares at companies like Beats by Dre and fast-food chains like Blaze Pizza, which add significantly to his overall fortune.

LeBron James’ NBA Salary and Contract

LeBron James signed a two-year lucrative contract worth $99,023,288 with the Los Angeles Lakers in August 2022. The deal originally came with $99,023,288 guaranteed at signing and an average salary of $49,511,644 per annum.

For the 2023-24 season, LeBron will be making a base salary worth $47,607,350 while carrying a similar cap hit and dead cap value. The contract comes with a player option for the 2024-25 season, which, if activated, will see the superstar earn $51,415,938 as base salary for the final year of his contract.

LeBron James will become an unrestricted free agent in 2025. By the time his present contract ends, he would’ve earned over $550 million from his NBA salary alone.

LeBron James’ Investments

When his earnings are that big, LeBron knows how to play it smart by investing them in big firms. He invested heavily in Blaze Pizza in 2012, as a result, he owns many franchises to this date and an equity stake estimated to be over $40 million.

The King is also a minority-owner of the Premier League Club, Liverpool FC. Besides, he holds minority-stakes at the Pittsburgh Penguins of the NHL and Red Sox in the MLB. The NBA icon has voiced his desire to gain ownership of an NBA franchise in the near future if the league expands to Las Vegas.

Having bought 2% stakes in 2011, the LA Lakers’ charismatic forward joined the owners of Fenway Sports Group as a partner in 2021. This also made him part owner of Boston Red Sox, New England Sports Network, and Roush Fenway Racing.

Brand Endorsements

The 39-year-old NBA legend is not only adding to his legacy on the court but in the world of endorsements as well. As per Forbes, his portfolio is the most impressive in NBA with the likes of Coca-Cola, McDonald’s, Nike and Beats by Dre.

He has also partnered with Baskin Robbins, Dunkin Donuts, and Samsung among the most prominent brands across the world. Most importantly LeBron signed a lifetime contract with Nike in 2015 which is estimated to bring him over $1 billion in revenues, possibly more.

LeBron sports Nike shoes on the court and has his vast signature sneaker line from the sportswear giant. Various NBA stars feature LeBron’s signatures lines of shoes on the court.

LeBron James’ Wife

NBA superstar LeBron James is married to his longtime partner Savannah James. While they have been married for over ten years now, their story dates back to the early 2000s, at that time when LeBron was 17 years old attending St. Vincent-St. Mary High School.

Whereas 16-year-old Savannah grew up in the same Ohio city as James, she attended the rival high school. The teenagers crossed paths when a mutual friend told Savannah that Bron had asked for her phone number. Now they are happily married and have three children.

LeBron James’ House

LeBron James and family live in their Beverly Hill mansion in LA, California. The house is 13,000 square feet mansion and extensive estate around it. The glamorous piece of property is estimated to worth $38.6 million, though LeBron had acquired it for a slightly lower price.

LeBron owns a few other valuable properties across the States. He had acquired and sold properties in Akron, Cleveland and Miami while and after playing in those particular city-based franchises.

Charity Work

LeBron James has always been involved in philanthropic projects. LeBron, along with his wife Savannah, are patrons of multiple charities across the United States.

Knowing that LeBron is a people’s superstar, he has extensively donated to ‘After School All-Star’ in his hometown Akron and other foundations including Mohammed Ali: A force of change, Boys & Girls Club of America, ONEXONE, and Children’s Defense Club.

FAQs

In case you missed:

• How many rings does LeBron James have?
• LeBron James kids: Know about Bronny, Bryce Maximus and Zhuri
• Do follow us on: Facebook | Instagram | Twitter
• Follow FirstSportz on WhatsApp Channel