How can LeBron James become a billionaire right now, you know?

After an illustrious NBA career spanning nearly two decades, LeBron James has achieved a remarkable milestone: he has officially joined the billionaire club. As the first active NBA player to accomplish this incredible feat, James solidifies his status as both a basketball legend and a savvy business entrepreneur.

Los Angeles Lakers v Phoenix Suns

According to Forbes, the 18-time NBA All-Star made $121.2 million last year alone. Of course, his NBA contract makes up less than half of this amount. It was James’ investments that made him one of the richest athletes in history.

LeBron James has finally become a billionaire!

LeBron James has finally become a billionaire!

LeBron is only the second player in NBA history to make the billionaire list. Michael Jordan, who is considered the greatest NBA player of all time, is the only other player to make the list.

Let’s take a look at some of LeBron James’ biggest investments which contributed to his billionaire status.

Uninterrupted

Many NBA fans are familiar with “Uninterrupted” and its content. LeBron James and his friend Maverick Carter founded this media company a few years ago, and it is extremely popular.

The two friends created an athlete-empowering brand, allowing sports figures to freely share their views and opinions. Several high-profile athletes have used the brand to share their opinions, including Draymond Green, Rob Gronkowski, Ronda Rousey, and Tom Brady.

LeBron James quebra mais um recorde em novo "lance" na NBA - NeoFeedoFeedoFeed

“The Shop” is one of the most popular products this company has produced. It’s a talk show that features LeBron and other athletes and their conversations in a barber shop. In February 2022, the show was renewed for a fifth season and will be moving from HBO to YouTube.

SpringHill Entertainment

When James signed with the Los Angeles Lakers, many fans and analysts predicted he would get into the movie industry. This is exactly what the two-time Olympic gold medalist did as he founded his own production company.

James' production company produced his own basketball movie.

James’ production company produced his own basketball movie.

The company produced “Space Jam 2: A New Legacy,” starring James himself. It has also been included in many other projects, including Adam Sandler’s movie “Hustle,” which comes out in June 2022.

LeBron James has been in Los Angeles for only four years, yet he’s already achieved a lot, on and off the court. If he stays there for a few more years, we can expect him to make, at least, one more movie.

Even though he is turning 38 this year, it won’t be surprising if he keeps playing in the NBA until he is 40 or older. After all, he hasn’t shown any signs of slowing down. As a matter of fact, he was the league’s leading scorer last season. Unfortunately, he did not qualify for the title as he did not play enough games.

James’ business portfolio is already impressive, but could further improve with new partnerships in the movie industry.

LeBron James invested in Blaze Pizza

LeBron James loans star power to Blaze Pizza, which hopes to grow with third-party delivery | Fox Business

Back in 2011, James invested in Blaze, a growing, yet largely unpopular pizza chain. The NBA superstar helped Blaze open a pair of restaurants in Miami and Chicago, and it is estimated that James owns around 20 Blaze Pizza franchises.

Between 2012 and 2017, the pizza chain earned James $35 million. Furthermore, it has become one of the fastest-growing food chains in the United States.

What makes Blaze Pizza unique is the way the customers are served. Each customer can completely customize their pizza and add as many toppings as they want! James himself is a big fan of this pizza, and he even got 16 different toppings on it!

Fenway Sports Group

In 2021, LeBron James invested in Fenway Sports Group. By doing this, the four-time NBA champion became a part owner of the Boston Red Sox, Liverpool Football Club, and a few other teams.

Once again, James included Maverick Carter. The two of them have had many successful investments and are a big reason why the Lakers forward is now a billionaire. LeBron talked about the two of them joining the ownership group.

“I think for me and for my partner, Maverick, to be the first two Black men to be a part of that ownership group in the history of that franchise, I think it’s pretty damn cool. It gives me and people that look like me hope and inspiration that they can be in a position like that as well, that it can be done.”

James, who has established himself as one of the greatest players in NBA history, believes he could also own an NBA team one day. However, league rules don’t allow him to do so while he’s an active player.

LeBron James would like to own an NBA team once he retires.

LeBron James would like to own an NBA team once he retires.

LeBron James is also linked to Klutch Sports Group, the sports agency founded by his best friend, Rich Paul. Many fans believe that James has a lot of influence on this sports agency and that Paul works for him. While there isn’t any proof of that, it won’t be surprising if the popular NBA player joins Klutch Sports once he retires.

Ladder

LeBron James is extremely talented and physically gifted, but he puts in a lot of hours and effort into his body. It is estimated that the NBA superstar spends around $1.5 million a year maintaining his body. This includes his home gym, massages, trainers, as well as supplements.

Here's How LeBron James Became the NBA's First Billionaire

In 2018, James teamed up with Arnold Schwarzenegger, Lindsey Vonn, and Cindy Crawford to found Ladder, a health and wellness company. The company offers products that help with fitness and workouts. Customers may also opt-in for monthly subscriptions and personalized product plans.

Related Posts

Unforgettable Adventure: Little Boy’s Swim with a Gentle Giant-011

By PETER SIMPSON Last updated at 21:42 17 October 2007 There is no mistaking the excitement on the four-year-old boy’s face as he swims alongside a beluga whale many times his size. And the whale seems to be enjoying the company, too. The boy, named Yang …

Majestic Majesty: Captivating Portraits of a Beautiful Queen-011

There is something undeniably captivating about a queen. Her regal elegance, her poise, her commanding presence – all combine to create an aura of majesty and power…

Solo Adventure: A Sexy Girl Explores the Wonders of the Egyptian Pyramids-011

With a sense of excitement and adventure, our brave protagonist sets off on a journey to explore the ancient wonders of Egypt’s pyramids. Armed with her camera…

AI Digital Wall Art Celebrating the Queen Aesthetic of Black Women-011

AI Digital Wall Art Celebrating the Queen Aesthetic of Black Women is a captivating collection that pays homage to the majestic beauty, resilience, and grace of Black…

Radiance and Majesty: The Queen of the Valkyries Shines-011

She is none other than the Queen of the Valkyries, a beacon of light in the darkest of times. Her presence illuminates the heavens, and her regal…

Kim Kardashian Stands Out and Leaves a Lasting Impression with a Form-Fitting Green Crop Top and Leggings-010

Kim Kardashian led the star-studded arrivals at Louis Vuitton men’s Paris Fashion Week show.  The reality star returned to the French capital nearly seven years after she was robbed of millions at gunpoint during Paris Fashion Week. Kim sat next to Jared …

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!