Known as King James, Lebron James remains one of the most popular and successful NBA stars today. He plays for the Cleveland Caveliers as a forward and currently averages 25 points and five rebounds per game. He has two NBA championships, four NBA MVP awards, two Olympic gold medals, and one NBA Rookie of the Year award to his credit. His NBA salary, along with a host of commercial endorsement deals, has helped him build a Lebron James net worth that currently stands at $270 million.
It is no stretch of the imagination to say that James has been playing basketball since before he could walk. In fact, his mother bought a hoop and a small basketball for him while he was still a baby, toys that he would play with almost obsessively as he grew up in Akron, Ohio. By the time he was in high school at Akron’s St. Vincent-St. Mary High School, he was already garnering national media as a possible future NBA star. He entered the NBA draft in 2003 as a first-round pick and was drafted by the Cavaliers. He left the Cavs in 2010 to play for Miami, only to return to the Cleveland team in 2014.
Along with playing for the Cavs, James also plays for the U.S. Olympic basketball team. As a member of the 2004, 2008, and 2012 teams, he has one bronze medal and two gold medals to his credit. He was also a member of the 2006 and 2007 U.S. FIBA team. He and his teammates won the bronze in 2006 in Japan and the gold in 2007 in Las Vegas. With his reputation for being a smart and fast player, it is possible that James will be picked up as a member of the 2016 Olympic team as well. While he is not paid for his efforts for the U.S. team, he still enjoys the prestige and honor that go along with being a representative of American athleticism in these international venues.
How Much Is Lebron James Worth Today?
The Lebron James net worth of $270 million is made up in part of James’ endeavors off the court. For example, he serves as an executive producer for the television series Survivor’s Remorse. The show touches on subjects that arguably may be familiar to James, which include having money and success despite humble beginnings and early childhood challenges. He also served as an executive producer on the TV series The Lebrons. He appeared in the TV series Entourage and is finishing production of a film entitled Trainwreck.
Along with being a budding actor and TV personality, James also has several commercial endorsements to his credit. He appears in commercials and advertisements for international companies like McDonalds, Dunkin Donuts, and Coca-Cola. He is also partnered with corporate brands like Microsoft, State Farm, Beats by Dre, Baskin-Robbins, Samsung, and Nike. He owns one percent of Dr. Dre’s Beats and also has a $90 million deal with Nike. With many of his endorsements being solid sources of residual income, it is fair to say that James can live comfortably even without his income from playing basketball.
Remembering his own humble origins, Lebron James uses his net worth in part to support various charitable causes. He supports the Boys & Girls Club of America, as well as the Children’s Defense Fund and ONEXONE. He also heads his own charitable foundation called the Lebron James Family Foundation, which raises money and awareness for children in need. The foundation is based out of Akron and recently raised money to provide bicycles for impoverished children in the area.