NBA career blessings have led the players to earn monstrous economic benefit and fame. Today, we are talking about the 33-year-old NBA star LeBron James who currently plays for the Cleveland Cavaliers earning million dollars fortune with his endorsement and contracts. With his career height, the jersey number 23 Cavaliers' freak, James is estimated to be enjoying the net worth of $400 million.
Well only with his contract-salary, James reportedly has earned $233,893,001. So, how much salary LeBron James earns? Curious about his contracts and endorsement deals? Scroll down.
Net worth and Salary of LeBron James
The 3-time NBA champion, 4 times NBA Most Valuable Player Awards winner and 2 times Olympic gold medalist, LeBron James has played professionally for only 2 teams so far which includes: Maimi Heat and Cleveland Cavaliers.
With his 15 seasons in the NBA, alongside lucrative endorsements and sponsorships, James is estimated to be enjoying the net worth of $400 million as of 2018. Back in 2016, as per The Richest, his estimated net worth was reported to be $340 million which got a drastic rise after signing $100 million contracts with Cavaliers that year.
As reported, LeBron James is projected to earn the annual salary of $35.6 million in the 2018 season, second behind Stephen Curry who will earn $37.45 million this season.
Though, the off-court earnings make him the highest earnings NBA player with the overall of $85.3 million after the legendary player Michael Jordan.
Let's get more information on LeBron James' career contracts and salary.
Career Contract and Salary of LeBron James
The member of the United States National Basketball Team, James initially played for the St. Vincent-St. Mary high school where he played till 2003 making himself on the wishlist of many NBA teams.
Then on June 26, 2003, he was selected by his hometown team Cleveland Cavaliers in the 2003 NBA Draft leading his first professional contract worth $12.9 million signing for 3-years on July 3, 2003.
On April 16, 2004, James was exercised $5.8 million option for the 2006-2007 season, later followed by his 4 years $60.4 million rookie scale extension with Cleveland on July 18, 2006.
Then July 9, 2010, soon after signing a $100 million contract for 6 years with Cavaliers, LeBron James was traded to Miami Heat as a part of sign-and-trade for a 2011 2nd round pick, 2 future 1st round picks, and a future 2nd round pick.
Though after 4 seasons with the Miami Heat, he exercised Early Termination Option on June 25, 2014, to skip remaining years of the contract, and made his return to Cleveland Cavaliers on July 12, 2014, signing a 2-year contract worth $42.2 million.
— SportsCenter (@SportsCenter) July 11, 2014
After declining the option bonus of $21.6 million and $24 million for the 2015 and 2016 season respectively, he became an unrestricted free agent.
And later on August 12, 2016, he signed a 3-year contract worth $100 million with Cleveland Cavaliers making him the third NBA player to earn $30 million in a season after Michael Jordan and Kobe Bryant in the 2016 season.
Before I go dark tomorrow night I wanted to leave you with some more #LEBRONWATCH Fire ???????????? This was one of my favorite colorways from this season so wanted to make sure you guys have a chance to get them. Stay tuned- Summer’18 #LetsGo #striveforgreatness?? #thekidfromakron???? #jamesgang?? #rwtw??
No recent news of James' contract extension is out yet, though his due contract with the average annual salary of $33.285 million will pay him $35.6 million for the 2018 season while carrying the cap hit and dead cap value of the same amount.
Take a look at his salary sheet till the 2015 season, compared with Chris Bosh and Dwyane Wade.
Well, reportedly his career earnings sum up the total of $233,893,001 in 15 seasons by the end of 2017. Though his contract and salary is not the one to shower millions for James, let's not forget about his endorsement deal.
Endorsements of LeBron James
Talking about his endorsements, James is reportedly endorsed by Beats Electronics, Coca-Cola, Intel, KIA Motors, Nike, Verizon Communications, Audemars Piguet, Dunkin' Brands, McDonald's, State Farm, and Samsung, earning him $55 million annually.
Soon after graduating from High School, James endorsed Nike over the bid of endorsing Adidas, Reebok, and Nike for the approximation of $90 million. In 2014, James made a profit of more than $30 million as part of Apple's acquisition of Beats Electronics promotion.
In 2014, his total earnings from the endorsements were reported to be $44 million while in 2012 and 2013, he made around $40 million and $53 million respectively.
Then in 2015, James's digital video company, Uninterrupted, raised $15.8 million from Warner Bros. Entertainment and Turner Sports and was named the sixth highest earning sportsperson and later became the 3rd highest earning active player in 2016 after Lionel Messi and Cristiano Ronaldo.
LeBron James' House
Well, with his huge income, LeBron seems to have expanded his property empire quite well. As reported, back in 2017, he purchased a house in Los Angeles in the neighborhood of Brentwood for the whopping amount of $23 million.
The newly built 15,846-square-foot property features 8 bedrooms, 9 and a half bathrooms, elevator, home theater, spa, heated patio and more amenities. Let's take a tour of the $23 million mansion.
Also in 2015, James bought a house in Brentwood on the bargain of $21 million which features 6 bedrooms and 7 bathrooms on 9,350 sq.ft property. Besides this, he also owns a house in Miami spreading over 16,679 sq. ft which he bought in 2010 for $9 million.
James' also has another 30,000 sq ft. Ohio mansion in Akron which he bought in 2015 for $9.2 million.
Probably, it not all for LeBron James. Let's wait for more.
Cars Collection and Rolex Collection
LeBron James seems to be madly in love with luxury cars. Reportedly, his favorite cars are, Bentley Continental GT, Lamborghini Aventador worth $670,000 and a Porsche 911 Turbo S which estimated to be worth $188,100.
Besides this, here is the long-list of LeBron's car collection:
- Hummer H2 worth $25,000
- Mercedes-Benz S63 AMG worth $142,375
- Ferrari F430 Spider worth $461,930
- Ferrari 458 Spider worth $257,000
- Dodge Challenger SRT worth $84,995
- Maybach 57S worth $417,402
- Maybach S600 worth $189,350
- Jeep Wrangler worth $21,915
- Chevrolet Impala Convertible worth $49,995
- Chevrolet Camaro SS worth $32,700
And the surprising fact is that his madness in the watch is also notable, as James fond of Rolex Watches owns a collection with its estimated worth to be around $139,000.
Man! really impressive.
Charity of LeBron James
The active supporter of the non-profit organizations like After-School All-Stars, Boys & Girls Clubs of America, Children's Defense Fund, and ONEXONE, James also has his own foundation namely LeBron James Family Foundation.
In 2016, he donated $2.5 million to the Smithsonian National Museum of African American History and Culture to support an exhibit on Muhammad Ali. Also, he actively works for the awareness of racism too.
The combo of success and generosity, applause to LeBron James.
Stay tuned for more updates!