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CEO North America > News > LeBron James is First Active NBA Player Worth $1 Billion

LeBron James is First Active NBA Player Worth $1 Billion

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LeBron James is First Active NBA Player Worth $1 Billion
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LeBron James has become the first active NBA player to have a net worth of $1 billion, according to Forbes.

The Los Angeles Lakers star earned $121.2 million from May 2021 to May 2022 in salary and investments.

James, who just finished up a two-year $85 million deal with the Lakers, has made more than $385 million in salary from his 19-year career playing with the Lakers, the Cleveland Cavaliers and the Miami Heat. On each of those teams Lebron was crowned NBA champion.

The 37-year-old is the second NBA star to become a billionaire since Michael Jordan reached that milestone in 2014, more than a decade after he retired as a player.

Forbes detailed that James has made more than $500 million from cash and investments like the sale of Beats by Dre to Apple in 2014 and owning shares in fitness company Beachbody. He also starred in “Space Jam: A New Legacy” and sold a minority stake in his production company, SpringHill.

An additional $90 million came from his investment in Fenway Sports Group, a group that owns Premier League team Liverpool, Fenway Park, the Boston Red Sox and half of Roush Fenway Racing. James real estate holdings are worth $80 million.

Despite last season was not the best for both James and the Lakers, he is eligible for a two-year, $97 million extension.

Tags: LeBron JamesNBA

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