June 16, 2024

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LeBron James the NBA star is now worth $1 billion

 

opinionnaija.com
June 3, 2022

According to Forbes magazine, Los Angeles Lakers superstar LeBron James has become the first active player in NBA history to have a net worth of $1 billion.

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The 37-year-old forward is a four-time NBA champion and four-time NBA Most Valuable Player. He has been a member of the league since 2003 and ranks second all-time in scoring.

From May 2021 to May 2022, James ranked second in total revenue on Forbes’ list of the highest-paid world athletes, with $121.2 million, trailing only Argentine playmaker and Paris Saint-Germain star Lionel Messi’s $130 million.

 

Despite the fact that the Lakers finished with a 33-49 record and James missed the playoffs for only the fourth time in his career, he became the oldest player to average 30 points per game, averaging 30.3 points per game.

In a 19-year NBA career, James has made more than $385 million in salary alone as a player for the Cleveland Cavaliers, Miami Heat and Lakers.

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Off the court, James took a star turn in Hollywood with the film “Space Jam: A New Legacy” and sold a minority stake in his production company, SpringHill.

 

More than $500 million of his value comes from cash and investments.

James has an ownership stake in Fenway Sports Group, which owns English Premier League side Liverpool, Major League Baseball’s Boston Red Sox and made a deal to buy the NHL’s Pittsburgh Penguins.

His stake in Blaze Pizza is estimated to be worth $30 million while his $80 million in real estate holdings includes a mansion in his hometown of Akron, Ohio, and two homes in Los Angeles.