Los Angeles Lakers star Lebron James is a basketball player first, but also a very successful business man. LeBron James is expected to become a billionaire this year, according to Forbes.
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“It’s my biggest milestone,” LeBron once said.
LeBron makes more off the court than from his NBA contracts.
LeBron has several businesses thru his ownership of Fenway Sports Group, SpringHill Entertainment, and Blaze Pizza. He’s also expressed interest in owning an NBA team one day, and his many business ventures are leading him down the right path.
Via Forbes:
“LeBron James is the NBA’s top-earning player for the seventh straight year, including off-court income (2016-17 was the only season of his career James had the highest playing salary). He’s expected to earn $95.4 million, including an estimated $64 million from endorsements, memorabilia and media. It is a record haul for an NBA player and the highest ever in American team sports. The historic year will push his career earnings to $1 billion, including $700 million off the court. He joins Tiger Woods, Floyd Mayweather, Cristiano Ronaldo and Lionel Messi in reaching the three-comma club while still an active athlete.”
NBA Highest-Paid Players: LeBron James’ Career Earnings Will Hit $1 Billion In 2021 via @forbes https://t.co/l7bLV7fhdL
— Matt Powell (@NPDMattPowell) February 1, 2021
Part of the reason LeBron picked the Lakers was for business opportunities. As his on the court career winds down, his off-court endeavors are just getting started.
He’s not a member of the 3 Comma Club quite yet, but there’s no doubt he’ll get there.
LeBron James’ “Space Jam” movie will be coming out soon and that should also help get him to his goal of a B.
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