LeBron James 1st Billionaire in NBA While Playing Reactions

History - WWETV Admin - Kevin Douglas Post


LeBron James is an all-time great NBA players smashing records, but now he has made a record never done in history of the sport being a an active basketball player billionaire.

James is keeping busy on and off the court. He is in a summer blockbuster at the moment with the release of the anticipated “Space Jam: A New Legacy” film, which is  his debut as a star in a movie.

The movie topped Marvel’s Black Widow in the box office department during its first weekend to show the mass appeal of the Los Angeles Laker. He has managed to get into ownership of sports teams by becoming a co-owner of Fenway Sports Group to take a small stake  in the football team of Liverpool F.C. of the English Premier League. He would eventually exchange that position for a bigger role with more teams operated by FSG.

James also has partnerships with corporations like Nike, Blaze Pizza and several more, and all of his earnings have combined to exceed $1 billion, via Kurt Badenhausen of Sportico:

“Since being drafted in 2003, James has earned $330 million in playing salary—net of recent escrow deductions—and another $700 million off the court from endorsements, merchandise, licensing and his media business. Current endorsement partners AT&T, Beats, Blaze Pizza, GMC, Nike, PepsiCo, Rimowa and Walmart help James earn more than $100 million annually. The latest addition is Epic Games, where Fortnite players will have access to a pair of James-themed outfits or “skins.”

James is the first player in a U.S. team sport to hit the three-comma club.”

James is now the first NBA player in history to reach this milestone while still playing. Michael Jordan couldn’t hit the mark while playing, but his total earnings to this day are over $2 billion. Other active NBA players near the same bracket as James financially include Kevin Durant ($580 million) and Stephen Curry ($430 million).

Check out the reactions of fans to the big news online!