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.