LeBron James became the only active NBA player to be considered a billionaire

The function of the NBA continues to develop in this first part of the 2024-25 season, offering us many emotions and high-level basketball.

Date to date, the difference teams struggling to try and achieve their goals established, as well as the players give us good times and wonderful plays unleashing all his talent.

But as usual in the best basketball league in the world, there are many news and milestones that happen outside the courtsgives a lot to talk about around the main people, whether they are players or coaches.

At this time, the name of the LeBron James again attracting attention, now from the field of economics, since it became the the first active baseball player to become a billionaire.

The star of Los Angeles Lakers it is bulging assets of about $1.5 billion dollars. He has achieved this based on his compensation in the NBA, sponsors and other business.

The first thing to remember is that the ‘King’ renewed his contract agreeing to $104 millionwhich led him to increase the existing numbers exceeded $346 million in contractsthe basis of his entire economic empire.

a businessman

In other business, the Akron native turned down a Reebook deal when he was only 18 years old, certain that there would be other brands willing to give more. That’s how it came Nike; In 2003, a day before the draft, they signed $90 million dollars and in 2015 they reached a level $1 billion lifetime deal.

It is another brand with which he has an important association Beats electronicswhere in addition to being an advertising face (also paid) he bought part of the company which later meant a revenue of more than $30 million by sale to Apple Inc..

Connected to sports, although far from basketball, in 2011 James $6.5 million dollar investment for 2% of Liverpool. As of today, that percentage It is worth $80 million.. In addition, he has a clothing line in collaboration with Nike and Anfield.

Within the same context, the active basketball legend a seat on the board of Fenway Sports Group (FSG)parent company of Roush Racing and the Boston Red Sox as well as the ‘Reds’. This signing is the means by which he will one day own a club in the NBA himself, whether it is one or a new franchise.

And 2012, ‘Source’ invested less than a million dollars in Blaze Pizzabut in 2017 that was considered His first investment reached a value of $35 million. Today approaching $70 million.

Other brands in which he actively participates financially Unbroken (cross-platform media) and Springhill Recreation (an entertainment production and development company), of which he is the founder. Also added is your investment in the Lobos 1707 tequila free.

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