LEBRON JAMES: How the king of the NBA and the new king of Los Angeles spends his millions - Creak News

real time news...

LEBRON JAMES: How the king of the NBA and the new king of Los Angeles spends his millions

Share This

LeBron James and Savannah BrinsonChristian Petersen/Getty Images

On the court, LeBron James has won four MVPs, three NBA championships, and is the sixth-highest-paid player in league history.

He is also the latest NBA legend to join the Los Angeles Lakers as he has agreed to a four-year, $154 million contract as a free agent.

Off the court, James is equally relentless. In late 2015, James signed a lifetime endorsement deal with Nike worth more than $1 billion — a move that was so big it is more like the merger of two corporations.

As a result of his success on and off the court, James has amassed amazing cars and houses and still has time for his surprisingly ordinary family. King James is also well on his way toward his goal of becoming a billion-dollar athlete.

Tony Manfred and Emmett Knowlton contributed to this report.

But James went all-in with the Lakers, signing a four-year deal that will keep him in Los Angeles until he is at least 37. Maybe he will finally buy an app on his phone.

Ezra Shaw/Getty

With LeBron's new Lakers contract, he will join Kobe Bryant and Kevin Garnett in two years as the NBA's only $300 million players. By the end of the deal, his career on-court earnings would reach $387 million, the most in NBA history.

Harry How/Getty Images

Read more: The 25 highest-paid NBA players of all time



LeBron also makes about $55 million per year off the court in endorsements. His estimated $86 million in total annual earnings is second among all athletes, trailing only Cristiano Ronaldo.

YouTube/Kia Motors America

Source: Forbes




See the rest of the story at Business Insider

See Also:



from Business Insider https://ift.tt/1rmvMZz

No comments:

Post a Comment

Pages