Since entering the league in 2003, Los Angeles Lakers superstar and four-time league MVP has built himself an empire of endorsement deals, sponsorships, and big contracts. Throughout his 17-year NBA career, James has seen his net worth skyrocket and in the last few years, King James has been one of the world’s highest-paid athletes. In this post, we’re going to look at LeBron James’ net worth in 2020.
LeBron James’ net worth in 2020 (estimate): $450 million
In 2018, James signed a four-year, $153 million with the Lakers. This season, James made roughly $37.5 million just off his contract. However, James is multi-faceted and most of his earnings in 2019 came from endorsements.
Forbes has James’ endorsement numbers at $53 million in 2019. Some of his biggest endorsement deals include his lifetime deal with Nike that will pay him $1 billion by the time he is 65 and lucrative deals with Coca-Cola, Beats By Dre, KIA Motors, and NBA2K.
James is also a partner of California-based pizza chain Blaze Pizza of which he owns 14 franchises in Chicago and South Beach. In 2019, James added multiple endorsement deals to his portfolio signing deals with Rimowa Luggage and Walmart.
An entrepreneur himself, in 2018 James teamed up with fellow celebrities Cindy Crawford, Arnold Schwarzenegger and Lindsey Vonn to launch Ladder, a health and wellness company. James also helped start his own production company called SpringHill Entertainment and media company Uninterrupted.
The combination of contract earnings and endorsements makes James the NBA’s highest-paid players ahead of fellow stars like Stephen Curry, Kevin Durant, Russell Westbrook, and James Harden.
SpringHill Entertainment will also launch the long-anticipated sequel to 1996’s Space Jam starring former Chicago Bulls star Michael Jordan. The movie is set to be released sometime in 2021 in conjunction with Warner Brothers.
After agreeing to the Lakers deal in 2018, James’ career earnings eclipsed $1 billion. With James’ 2018 net worth estimated at $450 million, it’s not unreasonable to think that his current net worth in 2020 is at or above half a billion dollars.
Some of James’ other endorsement deals that have added to his net worth include Upper Deck Trading Cards, State Farm Insurance, Dunkin Donuts, Baskin Robbins, Verizon, Intel, and Swiss watch company Audemars Piguet.
In terms of contracts over his career, James made $169,884,342 in 11 seasons with the Cleveland Cavaliers, $64,008,659 in four seasons with the Miami Heat and $73,091,008 with two seasons with Los Angeles.
Before the season was postponed in March, James had the Lakers in a great position to compete for a title. Even at 35 years old, James was averaging 25.7 points, 7.9 rebounds, and a career-high 10.6 assists per game while leading the Lakers to a Western-Conference best 49-14 record.
With James still at the top of the league in terms of talent and popularity, more endorsement opportunities will likely keep flowing in for the Lakers star. As one of the most influential and creative players in the NBA, James’ is not one to let his business portfolio stay stagnant and more ventures will allow the 35-year-old to stay at or near the top of the league’s highest-earning players.
Nevertheless, knowing everything you know about the Los Angeles Lakers superstar, were you at all stunned by LeBron James’ net worth in 2020?