Lebron James is one of the most exciting young athletes in the National Basketball League. He is considered as a future superstar in the National Basketball League. He has been a professional basketball player for the past eight years and he is already earning a net worth of almost $48 million per year. His salary, endorsements, and jersey sales are all remarkable, but there are also other ways in which he makes his earnings.
There are various endorsement deals that are being done by Lebron James. He is signed to the deals of Gatorade, Reebok, Nike, and a lot more. But there is one more thing that makes him so unique. He is also the highest-paid professional basketball player in the world. His earnings are almost in the range of $500 million per year, depending on how many endorsement deals he signs.
Lebron James is a 20-year-old professional basketball player who plays for the Cleveland Cavaliers in the National Basketball League. His earnings are contributed to his numerous endorsement deals by different companies. His earnings are even better compared to other basketball players in the league. He is earning even better salaries than Michael Jordan, Kobe Bryant, Baron Davis, Magic Johnson, and Walt Frazier.
His earnings do not only depend on basketball games; he is making a lot more from his acting and marketing roles. He has already been featured in three movies and two television shows, making him a much sought-after celebrity in the business of show business. The highest paying sports personalities have always been those who have multiple income streams.
His acting repertoire includes appearances in five movies and two television series, and he has already signed a deal with CAA for the new role he is playing in the fifth installment of the Divergent series. Other endorsement deals that Lebron has signed include footwear and clothing lines from Bathrobes and Von Dutch. His other signed deals include an agreement with D-Luxury for fragrance, an agreement with Reebok for running shoes, and an agreement with Gatorade for water. All of these endorsements and signing deals cumulatively make him a very rich basketball player.
As a basketball player, Lebron James is already a millionaire. But the fact that he has many different sources of income is what makes him even wealthier. His other earnings can add up to his net worth. His other endorsements also will allow him to have extra money that he can use to buy new luxurious automobiles or to finance a house down the line. These additional earnings make him even richer as a self-made millionaire, making him one of the best American professional basketball players ever.
The six-figure salary that Lebron James is earning as a basketball player is made possible by his six-figure salary as an endorser. There are other ways that Lebron James is able to earn his income as well. His six-figure salary as an endorser is only the tip of the iceberg. His income is also enabled by the many different endorsement deals that he has signed. The fact that Lebron James has already signed a deal with Reebok for the next six years makes his total annual income even higher than his salary as a basketball player.
Other endorsements that Lebron James is signing to include: Hanes for athletic shorts, socks, and towels; McDonald’s for Big Macs, hamburgers, fries, and shakeouts; Reebok for workout clothes; and Gatorade for sports drinks. Those are just a few of the deals that Lebron has signed to increase his income. He is currently making almost thirty million per year off those six deal deals. He will probably make even more money off the other deals that he is signed to.
If you really want to see Lebron James earn all that money though, you need to see his salary alone. That means that you need to look at the six-figure salary alone. You can take a look at some sports websites online to see how much he is making with that. But you should keep in mind that the six figures are a little bit of overpaying for what is given on top of his endorsement deals, film deals, and royalties.
So is Lebron James the new king of endorsements? He might be, but he is certainly not the first or even second king of endorsements in this country. He is, however, right up there with the best there is. And that might be why he is earning so much, even with a bad team and a bad economy.
