LeBron James Net Worth, Salary History After Latest Huge Deal
The Los Angeles Lakers and superstar LeBron James on Wednesday agreed to a two-year, $85 million extension.
The 18-time All-Star will see a significant pay raise in the coming seasons. James, who turns 36 on Dec. 30, will make $39.2 million in 2020-21 and then will see a $41,180,544 million salary in 2021-22 and a $44,474,988 million salary in 2022-23.
After James' signing, his name trended at the top of sports salary website Spotrac. According to the site, James has career-estimated earnings of almost $385 million. The former No. 1 pick began his NBA career in 2003-04 with a $4.02 million contract which grew on the rookie scale to $5.82 million by his fourth season.
Bigger annual salaries followed. In 2007-08, James had a $13.04 million salary. In 2014-15, James' salary was $20.64 million
Forbes in 2018 estimated that James had a net worth of about $450 million.
While his NBA salary has been highly lucrative, James has made his money off the court. His first Nike deal was worth more than $100 million and a deal with the sports apparel giant in late 2015 was believed to be worth at least $1 billion.
James, who is a minority-stake owner in Premier League club Liverpool, has inked deals with over 15 brands. He also had an equity stake in Beats Electronics, which in 2014 struck a $3 billion deal with Apple.
Among other endeavors, James also backed Blaze Pizza, the fastest-growing restaurant chain.
James has his own production company, SpringHill Entertainment. Many believe that James joined Los Angeles to strengthen his position in the entertainment industry.
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