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Jeremy WillisESPN.com
LeBron James He is the first NBA player with a net worth over $1 billion. according to Forbes.
The Los Angeles Lakers Megastar, the four-time NBA champion. 2 all-time scorer, made $121.2 million Forbes estimates that there was a 5% increase in earnings and on-court salary between May 2021-2022. Forbes’ top-paid athletes list included Lionel Messi who earned $130 million.
James has been contemplating reaching $1 Billion for some time.
James said to GQ in 2014 that “I want maximize my business.” “And if it happens, if i happen to be a million-dollar athlete, ho. Hip hip hooray! Oh, my god. “I’m going to be so excited!”
James was not able to make the playoffs in 2021-22, and the Lakers were struggling in 2021-22. However, he did become the 37-year-old player with the highest average of 30 points per game (33.0 PPG).
James was also a star on the court in “Space Jam: a New Legacy” and. according to ForbesSpringHill sold a minority stake at $725 million to him. SpringHill produced “Space Jam 2,” which earned $163 million worldwide. “The Shop” was also produced by SpringHill. A docuseries featuring tennis star, David Ferrer, was also produced by SpringHill. Naomi Osaka. A remake of “House Party”, a 1990 comedy, is being produced by the company.
James made more than $385million in salary during his 19-year tenure with the Lakers. Cleveland Cavaliers And Miami Heat.
Forbes estimates where James earned the remainder of his $1Billion.
• More than $500 million from cash and investments. James and SpringHill also made money from Beats by Dre’s sale to Apple in 2014. He also owns shares in Beachbody fitness company.
• $90 million from Fenway Sports Group. James was a minority shareholder in Liverpool FC at one point. That was exchanged for an estimated 1% ownership share in Fenway Sports Group. Fenway Sports Group owns Liverpool, Fenway Park and the Liverpool FC. Boston Red Sox Half of Roush Fenway Racing recently agreed to spend $900 Million to support it. purchase The Pittsburgh Penguins.
• About $80 million in real estate holdings, including a $10 million mansion in Akron, Ohio, and two homes in the Los Angeles area for which James paid a combined $59.75 million.
• Interests in the food and beverage industry that include $30 million in pizza chain Blaze Pizza, which James bought a 10% stake in 2012 for less than $1 million.