Typically people are only able to excel at one thing in their lives. For example, you would not see a top class doctor becoming an engineer as well. Or you would not see a sports star becoming a top class entrepreneur as well. However, Lebron James is an exception. He is not only one of the best athletes in the world, he is also one of the most successful entrepreneurs in the world. And this is the reason behind the huge Lebron James net worth that we see today.
According to Frobes Magazine, Lebron James is one of the 40 richest entrepreneurs who are under the age of 40 years. Lebron James net worth in 2017 is more than $300 million. However, it is expected to increase rapidly in the year 2017, 2018 and 2019 thanks to the new contract that the player has signed with the sports brand, Nike. According to the details of the contract, Lebron James is the first player in the history of Nike to be awarded a lifetime contract. This contract can potentially pay out about $1 billion to Lebron James. The amount that Lebron James will receive will depend on the sales of the Lebron James’ signature shoes. It is surely one of the biggest brand endorsement deals in sports history.
Last year Lebron James played a key role in making Cleveland Cavaliers the champions of the NBA after 42 years. And because of this amazing success, he has been handed over a new contract with Cleveland Cavaliers. This contract will also bring in a lot of money for Lebron James. The details of the contract reveal that Lebron James will be paid about $100 million in 3 years for being a part of the team. However, the real money for Lebron James is in the brand endorsements. The Lebron James net worth can be credited to top notch brand endorsements deals with brands like Upper Deck, Beats, Kia Motors, Coca-Cola, and Nike. It would be interesting to see how Lebron James net worth grows in the coming years and how the player makes use of his wealth.