We all know that Lebron James has been dominating the basketball court over a long time and this has not only resulted in fame and popularity but even made him rich. However, all the money which he has earned has not only generated from what he earns as a basketball player, but he has also made some clever and timely investments. These clever investments have resulted in making one of the wealthiest athletes in the world. Lebron James networth is $40 million.
Best financial decisions of Lebron James:
One of the best decisions which James made during his career was choosing Nike over Reebok. When he was opting for what to choose, Adidas had offered $ 60 million, Nike had offered $ 87 million, and a $115 million contract was offered by Reebok. After looking at the offer, James selected Nike whom he thought he would have a better long-term benefit. And this deal had now turned into a contract of $ 1 billion.
Another wonderful decision which Lebron James has ever made was securing a partnership with Beats by Dre that included elements of traditional deals such as an ownership stake in the company, apart from just commercials.
Well, these two deals might have made an ever ending earning career for Lebron James, but opting for Blaze Pizza over McDonald’s was another turning point in his life. He, similar to Beats, James got the stakes of the Blaze Pizza at a discounted rate in exchange for his influence. And this investment has made James earn 40 million dollars per ESPN.
Lebron James didn’t only stick to brands, but he even took it a step further and invested in Liverpool F.C by acquiring its stakes. He succeeded in getting a 2% stake in Liverpool F.C. This stake is now valued over $ 30 million.
Lebron James networth is $40 million. So these continuous investments over the period have made Lebron James a lot more wealth than he might have ever imagined. So now you know about his best decisions ever!