“Time to become the first NBA trillionaire” LeBron James projected to becomes highest paid player for the 9th season in row
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LeBron James
With a low estimate, LeBron James is expected to become the highest-paid NBA player in history this season. On Thursday, James topped Forbes’ list of the highest-paid NBA players for the eighth consecutive year, and he’s about $30 million ahead of everyone else. The league’s top ten highest-paid players will earn around $750 million before taxes and agency fees. This amount surpassed last year’s record sum of $714 million and has increased by more than 120% in the last decade. The Los Angeles Lakers will pay James around $44 million this season to complete his two-year, $85.6 million contract.
He agreed to a two-year, $97 million contract deal with the Lakers that would keep him with the team until the 2024-25 season. According to Forbes, James will earn around $80 million off the court this year, raising his total earnings to $124.5 million. According to the group, this is a low estimate because some of his assets will not be reflected in their data. His SpringHill Entertainment firm, for example, was valued at $725 million last year. He has additional significant assets, including a Major League Pickleball franchise, the sports nutrition firm Ladder, Canyon Bicycles, and others. James also has a stake in the Boston Red Sox and Liverpool FC.
LeBron James leads the list of top-earning players in the NBA this season
With four NBA titles and four MVP Awards under his belt, not to mention $1.2 billion in career earnings, LeBron James has nothing left to prove. However, as the Los Angeles Lakers‘ 37-year-old great enters his 20th professional season, he is constantly setting new territory. In June, James became the first active athlete to be named a billionaire by Forbes, lending credence to his claim last week that he planned to purchase an NBA expansion franchise in Las Vegas. If he stays somewhat healthy this season, he should pass the legendary Kareem Abdul-Jabbar for the league’s career points record. And his remuneration will establish another record along the way.
The top 10 will earn an estimated $330 million off the court, thanks in large part to lucrative footwear agreements that may surpass $20 million per year in the likes of LeBron James, Curry, and Brooklyn Nets forward Kevin Durant. That is without a doubt the best figure for any sports league: The top 10 earners in the NFL will make a combined $120 million this season, with more than a third of it going to Tampa Bay Buccaneers quarterback Tom Brady, followed by the $15 million earned by MLB and the NHL. Even soccer cannot compete, with Forbes estimating that the world’s 10 highest-paid players earn a total of $208 million off the field.
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Abhivyakt Sharma
(270 Articles Published)