LeBron James is the first active sportsman to become a billionaire

by   |  VIEW 972

LeBron James is the first active sportsman to become a billionaire

LeBron James had talked about the possibility of increasing his earnings up to a billion dollars. During an interview with GQ he said: "The biggest milestone I could ever achieve. I want to maximize my profits, and if that happens, it will be exciting." James also said that his biggest dream would be to own an NBA franchise sooner or later.

Among LeBron's investments, 2% of the shares of Liverpool, finalist of the Champions League, purchased in 2011 by The Chosen One and then exchanged with the partner, agent and former high school friend Maverick Carter for 1% of the Fenwey Sports group, in turn owner of the Boston Red Sox, Liverpool, Fenwey Park and the Pittsburgh Penguins.

Without forgetting SpringHill, a film production company always in partnership with Carter. In addition, properties between Akron, Los Angeles and Beverly Hills for a total of 80 million and a 1% stake in Blaze Pizza, the current value of which is estimated in the order of 30 million dollars.

LeBron signed his first contract with Nike in 2003, just of age, converted into a lifetime agreement worth about a billion dollars in 2015, after an adolescence full of hardships and characterized by continuous economic difficulties.

Now Forbes said there would be a series of smaller investments that would increase his assets by about $ 500 million, including stakes in companies related to sports, finance and television production. James, thus, despite a season with the Los Angeles Lakers stingy with satisfactions, would eventually reach his monetary goal.

an off-the-court record that demonstrates how "the King" is always and in any case capable of making headlines. Now, according to Forbes, the Lekers' winger would have exceeded one billion dollars in assets. LeBron thus became the first NBA athlete still in business ever successful in history, after only Michael Jordan was able to do so but in 2014, several years after his retirement.

The 18-time All-Star 4-time NBA champion would have seen his assets grow by $ 121.2 million overall, which added to the approximately 385 earned in salary between the Cleveland Cavaliers, Miami Heat and Los Angeles Lakers and over $ 900 million between advertising and commercial agreements of various kinds, have allowed LeBron to reach a billion in net worth.