LeBron James Net worth
Professional NBA star LeBron James was born in Akron, Ohio on 30th December, 1984. He is 32 year old and have estimated net worth of $400 million US dollars.
LeBron James was born to Gloria, who was a mere 16 years old at the time of LeBron’s birth. His biological father was not interested in being a parent, so Gloria had to raise Raymone on her own. He showed an interest in basketball from a young age. When he was still an infant, Gloria got him a miniture ball and hoop, and he entertained himself for hours with these. In his teenage years, he became close friends with another three young guys, and they became well known for their basketball play. They called themselves the ‘Fab Four’, and chose to go to Saint Vincent – Saint Mary High School (SVSM), to continue playing together. The first year that the Fab Four played for SVSM, they went through the season undefeated, with a 27 – 0 record, capturing the state championship in that run.
SVSM repeated that feat the following year, but fell short of making a three repeat, when LeBron was suffering back spasms in the final, which they lost 71 to 63. SVSM regained their title the following year. During this period, LeBron’s reputation was growing. He had an incredible ability to be able to see plays from all over the court, and could execute pinpoint passes to pull these plays off. One of the people who admired LeBron’s game, was the Cleveland Cavaliers coach, John Lucas. So when He finally made himself available in the NBA draft, Lucas did everything he could to secure LeBron.
His initial season in the NBA netted him only $4 million in salary, but he made an incredible $17 million in endorsements. These figures have only increased in time, with the last season 2013 / 2014 netting him a salary of $19.1 million, but endorsements of $53 million, giving him a total of over $72 million for the year (nearly $200,000 every single day). Over the years, LeBron has earned $126 million in salary payments, and a massive $326 million in endorsements. And he has now total net worth of $325 million. Some of the companies that he has contracts with, include Nike, Coca-Cola, Cad-bury / Schweppes, McDonald’s and Microsoft.
Given that NBA stars are unable to play forever, he will obviously retire at some point. A lot of the big names seem to retire around the age of 35 to 36, giving LeBron around 5 years left in his professional career. This gives him enough time to earn another $100 to 120 million in playing salary, and many hundreds of millions in endorsements. If the last few years are anything to go by, then by the time he hits 35, he could be earning in excess of $70 million a year in endorsements alone.
What he ends up being worth though, depends entirely on how he chooses to invest his money. If he is wise with his money, then he will only get richer after retirement. And so far, it appears that he has a good head on his shoulders, and a good team of advisers around him. LeBron was also very keen on football, and may well have made the professional ranks in that, if he hadn’t been so good at basketball.
|Full Name||LeBron Raymone James|
|Date Of Birth||December 30, 1984|
|Birth Place||Akron, Ohio|
|Education||St-Marry High School|
|Marital Status||Married (Savannah Brinson)|
|Source Of Wealth||Basketball|