how much does lebron make a second

According to the HoopsHype player salary database, James has earned nearly $350 million over his 19-year career playing for the Lakers, Miami Heat and the Cleveland Cavaliers. But is a slowdown coming? Well, hes intelligently organised deals to grant him equity in brands he has associated himself with while also leading various ventures himself. James is estimated to own around 1% of the group, which owns the Boston Red Sox, Fenway Park, Liverpool and NHL franchise Pittsburgh Penguins, as well as half of Roush Fenway Racing and 80% of the New England Sports Network. The Los Angeles Lakers star is also one of two basketball players to reach $1 billion in net worth. Forbes estimates James stake in the chain - plus his cut of 18 Blaze franchises in Florida and Illinois run by restaurateur Larry Levy - to be worth about $30 million. James and Carter also co-foundedThe Springhill Company, which has created a variety of film, television and audio series including "Space Jam: A New Legacy" and "Uninterrupted: The Shop.". James is currently entering the final year of his contract with the Lakers, which is expected to pay him an additional $44 million. Los Angeles Lakers star LeBron James, the man who has defined a generation of NBA, now has a net worth of $1billion according to Forbes - becoming the first active NBA player to make the billionaires list. But is a slowdown coming? It is currently working on a biopic about James young life. James also has stakes in the smart gym company Tonal and ride-hailing service Lyft, reports Forbes, which notes he has cash and other investments totaling $500 million. It allowed James to combine three companies - marketing agency Robot Company, athlete platform Uninterrupted and SpringHill Entertainment, which was founded in 2007 to produce the award-winning documentary More Than A Game, which chronicles James high school career. On top of these investments, James has more than half a billion dollars (399m) in net assets beyond what has been mentioned. He revealed his plans to execute such a lucrative off-court career back in 2014, when he told GQ he wanted to be a billionaire - and James has now achieved the hefty objective eight years later.

Across his illustrious career, James has secured more than $385 million (307m) in salary from the Cleveland Cavaliers, Miami Heat and Los Angeles Lakers as the NBAs highest-paid active player. 3 reasons to contribute to your company's retirement plan, James is the second-highest paid athlete in the world, James reached a lifetime deal with shoemaker Nike, Your California Privacy Rights/Privacy Policy. King James officially has a new title: billionaire. And if I happen to get it, if I happen to be a billion-dollar athlete, ho. James has openly spoken about owning an NBA team one day, but the Lakers star already holds stakes in baseball, soccer and hockey teams among others. Oh, my God, Im gonna be excited.". Something went wrong, please try again later. The 37-year-old acquired the stake when his sports marketing agency partnered with FSG in 2011, and he and Carter exchanged their stakes in Liverpool for part ownership of the group last year. Follow Brett Molina on Twitter: @brettmolina23. He is the first active NBA player to make the billionaires list, as Michael Jordan - the only other basketball billionaire - joined the ranks in 2014, nine years after the Chicago Bulls legend retired. The entertainment development and production company - founded by James and business partner Maverick Carter in 2020 - was named after the apartment complex where James and his mother finally settled amid his tumultuous youth. Forbes reports Chicago Bulls legend Michael Jordan topped the milestone in 2014. LeBron James' net worth has reached $1 billion, making him the first active NBA player to hit this milestone, according to Forbes. "I want to maximize my business. " NOT CHECKERS! Do you think LeBron James will own another sports team? Last year, James and Carter became partners in Fenway Sports Group, which owns the Boston Red Sox, Liverpool FC of the English Premier League, and Roush Fenway Racing, among other properties. 2022 USA TODAY, a division of Gannett Satellite Information Network, LLC. Here's what May's job report shows.

Don't miss out on free money:3 reasons to contribute to your company's retirement plan.

James has surpassed the billion mark for his net worth after a year of earnings totalling $121.2 million (97m). This includes equity in brands like Tonal and rideshare mammoth Lyft, as well as Beats by Dre and publicly traded fitness company Beachbody, which James co-founded with Arnold Schwarzenegger. You can unsubscribe at any time. 2009 irish march road

Despite a disappointing campaign with the Lakers in 2021-22, which means he must watch the NBA Finals from the sidelines after missing the playoffs, James has achieved something no NBA star has ever done. Even away from the sport, James has earned over $900 million (717m) in income stemming from other business ventures and lucrative endorsements due to his stature and popularity with fans around the world. Born to a 16-year-old single mother in Akron, Ohio, James reportedly moved a dozen times in three years but his basketball talent shone through as he became the most anticipated high school prospect of all time, which came with a crushing weight of expectation. This path, from teenage prodigy to billionaire active athlete, is particularly impressive given where the King hails from. James acknowledged the milestone in a post on Instagram Thursday, which features an image of himself published with Forbes' report. Boston Celtics overcome Steph Curry brilliance to defeat Golden State Warriors in NBA Finals Game 1, How Magic Johnson influenced LeBron James, Luka Doncic, and generations of NBA stars, NBA coach turns attention back to Uvalde school shooting after dramatic playoff win, NBA coach trembles with anger in powerful pre-game speech on Texas school shooting, PRICE OF FAILURES: Find out how much everything you pay for daily has risen in price - from food and travel to clothes and going out - after inflation hits 40-year high, Family of five including three kids shot DEAD in 'hostage situation' in France, Meet Love Island's four new bombshells - Ekin-Su lookalike and football star, Rylan Clark pays birthday tribute to his gorgeous mum - and fans can't believe her age, ENGLAND V SPAIN LIVE: Lionesses aim for Euro 2022 last four in front of sellout Brighton crowd, Kate Garraway pulls out of GMB after husband Derek takes 'serious turn for worse', Soham murder detective says Ian Huntley seemed 'normal bloke' until he made mistake, Woman slaps toddler 'having a meltdown' on street in front of horrified passersby, James Argent unveils staggering 14-stone weight loss in tight swimming shorts on holiday, Love Islanders who went back to their day jobs as Coco says she's skint, Spencer Matthews tried to jump the queue at the airport but 'got rejected' by staff, 4 blood clot symptoms you should never ignore - colour changes to cramping, Subscribe to Daily Mirror and Sunday Mirror newspapers. Keep up with all the Reds news with our FREE daily newsletter. Forbes reports James also has endorsements with AT&T, PepsiCo and Walmart. cavaliers undone nesn sense The basketball star has a deal with Fenway Sports Group, who owns a wide portfolio of sports teams, and it means James has a minority stake in Liverpool FC, the English Premier League team which claimed the FA Cup and League Cup double in 2021-22. While Jordan achieved his wealth largely through his iconic Air Jordan brand and his purchase of the Charlotte Hornets NBA franchise, James has maximised his business ventures to make $1.2 billion in pre-tax earnings. Here's what May's job report shows. What do Liverpool need to clinch the title? "Its my biggest milestone. Let us know in the comments section. In a 2014 interview with GQ, James discussed his dreams of becoming a billionaire. The SpringHill Company was launched after James and Carter received $100m (80m) in investment, with backers including Elisabeth Murdoch, daughter of billionaire Rupert.

LeBron James missed the playoffs for just the fourth time in his legendary career this season - but he received good news off the court as he became a billionaire, LeBron James was in attendance at the Stade de France in Paris as Liverpool lost in the Champions League Final to Real Madrid last weekend, LeBron James and Adam Sandler are stars of Netflix film 'Hustle', which SpringHill helped produce, 'A win for the BBL' - British basketball celebrates as Leicester Riders triumph in BBL Play-off Final, Former New York Yankees All-Star thrilled as London prepares to embrace MLB Home Run Derby X. ," James wrote in a caption. Hiring stays strong:Unemployment is flat. James' key venture is The SpringHill Company, which is worth around $300 million (239m).

He has helped promote the company spectacularly, often going behind the counter and taking to the streets to aid the brands operation.

Last October, James sold a minority stake at a $725m (578m) valuation to investors including Fenway Sports Group, Nike and Epic Games. Here's what you should know. Obviously," James told the magazine. According to Forbes , he has officially become a billionaire while still operating as an active player. How has James masterminded a billion-dollar fortune? Unemployment is flat. According to Forbes, James is the second-highest paid athlete in the world, trailing only soccer star Lionel Messi. Hip hip hooray! In 2015, James reached a lifetime deal with shoemaker Nike. LeBron James' net worth has reached $1 billion, Michael Jordan topped the milestone in 2014. LeBron James is an 18-time NBA All-Star, four-time NBA champion, four-time NBA MVP, and a two-time Olympic gold medalist. Terms of the deal were not disclosed, but during an interview with GQ, James' friend and business partner Maverick Carter appeared to suggest the deal was worth well over $1 billion. At age 18 in 2003, James turned down offers from Reebok and Adidas to sign a deal with Nike and after more than a decade of success, he inked a lifetime agreement with the brand to pay him tens of millions on an annual basis. James also has a property portfolio valued at $80 million (64m) thanks to homes in Akron and Los Angeles, and he recently purchased a 13,000 square-foot Beverly Hills mansion for $36.75m (29.3m). SpringHill helped produced 2021 movie Space Jam: A New Legacy after it starred James, as well as the recent Netflix docuseries about tennis star Naomi Osaka. James' net worth stems from a lot more than just his prolific basketball career. We use your sign-up to provide content in ways you've consented to and to improve our understanding of you.

This may include adverts from us and 3rd parties based on our understanding. In 2015, James left his endorsement with McDonalds to invest in and partner with Blaze Pizza. Now, the King is also a billionaire. His stake is valued at around $90 million (71.8m). Alongside deals with the likes of AT&T, PepsiCo and Walmart, the 37-year-old was the second-highest earning athlete in the world in 2021.