Whether you are a fan of basketball or not, you need to be living under a rock not to know the name of LeBron James and wonder about his massive net worth in 2024.The world of sports has been witness to several Greatest Of All Time (G.O.A.T.) debates. In football, fans are divided in their opinion about Lionel Messi and Cristiano Ronaldo. In boxing, Muhammad Ali and Mike Tyson are often at the centre of such discussions. When it comes to basketball, we cannot look past the James vs Michael Jordan rivalry.
While it is difficult to settle this debate, no one can blame us for saying that James is one of the greatest the sport has ever seen. Arguably the most popular basketball player in the modern era, James is more than an athlete — he is a cultural icon. His stardom leaps beyond the bounds of sports; he is a celebrity whom people from all walks of life admire and follow.
Of late, the American basketball player has been in the news, owing to the developments in the National Basketball Association (NBA). His contract with the Los Angeles Lakers will expire soon, making James a free agent. As such, several new destinations have emerged for James, with the Phoenix Suns being the forerunner in this race. However, these rumors have not been confirmed by any source yet.
Regardless, if we go by these speculations, there is a fat chance of James having to take a substantial pay cut should he choose to join a different NBA side. This will be a huge dent in his yearly earnings and his celebrity status. More so since he was recently on Forbes’ list of the highest-paid athletes in 2024.
Come what may, the Lakers forward will likely remain as one of the richest athletes, at least for a few more years. To that end, we take a look at LeBron James’ net worth in 2024.
A comprehensive account of LeBron James’ wealth
We break down LeBron James’ net worth by looking at his salary and other earnings in 2024, his houses, cars, all the expensive things he owns, and more.
How much is the net worth of LeBron James in 2024?
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In his illustrious career, LeBron James has won four NBA championships to date — two with the Miami Heat, and one each with the Cleveland Cavaliers and the Los Angeles Lakers. On the international stage, he has won two gold medals (2008 and 2012) and a bronze medal (2004) at the Olympics representing the United States of America (USA).
With such accomplishments, it is safe to say that James towers over his competitors in the NBA (with a height of 2.08 metres, he does so quite literally, as well). And such accolades have understandably come with a hefty fortune.
According to a report by Forbes, LeBron James’ net worth in 2024 is a staggering USD 1.2 billion (around INR 9,994.8 crore). He holds the record of being the first active NBA player to become a billionaire.
A look at LeBron James’ salary from his NBA contract
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Securing a player of LeBron James’ stature is bound to take any team a lot of effort and financial resources. And his lucrative deal with the Los Angeles Lakers backs it.
According to the terms of the contract, James is bound to receive USD 99 million from the Lakers over two years (2022 to 2024). This translates to an annual salary of USD 49.5 million. However, calculating LeBron James’ salary per game is a difficult task since there is no assurance of how many games in a season will each player get to feature in.
In addition, the contract also provides a player option of USD 51.4 million in case James wants to extend his partnership with the Lakers. However, following the Los Angeles-based outfit’s loss to the Denver Nuggets in the Western Conference first-round playoff series in 2024, chances of the forward shifting to a different team in the off-season cannot be ruled out.
Here are all of LeBron James’ real-estate properties
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If we have to talk about James’ riches, the most prominent assets he owns are in the real estate segment. Here is a close look at them:
Brentwood, California
In 2017, LeBron James purchased a lavish mansion in Brentwood, California for a reported sum of USD 23.5 million. Why did he buy a house in Los Angeles while he was a part of the Cleveland Cavaliers? Perhaps deep down, he always knew that he was destined to land in the ‘LA-LA-Land’!
Jokes aside, the house, with all its bells and whistles, is a mark of opulence. It features eight bedrooms, nine bathrooms, a home theatre, a wine cellar, an indoor and outdoor gym, and a sauna.
This property is adorned with French oak and marble. The entire mansion is spread across a massive area of 15,846 square feet.
Beverly Hills, California
Of all his real-estate properties, the one which is the dearest to LeBron James is his house in Beverly Hills. He purchased the house in 2020 during the first wave of the COVID-19 pandemic.
The Spanish-style home has four bedrooms, eight bathrooms, a home theatre, a pool, a tennis court and a number of fireplaces. It also features a trophy room dedicated to the basketball players’ silverware he won over the years.
This 13,000-square-foot property is worth a staggering USD 37 million.
There have been a few reports which suggest that James is remodelling his Beverly Hills property. On the other hand, a few have also claimed that the old property has been demolished and a new mansion is being constructed on that plot. However, neither has been confirmed by the player or any of his close associates.
Cleveland, Ohio
At the age of 18, LeBron James bought his first house back in his home state of Ohio after being drafted by the Cleveland Cavaliers. The property is valued at USD 9.2 million.
James custom-built this mansion in Bath Township. The house features as many as six bedrooms, eight bathrooms, an aquarium, a barber shop, a movie theatre and a bowling alley. This entire property is spread across an area of 30,000 square feet.
In addition to the aforementioned real-estate properties, LeBron James also owned a huge mansion in Miami. He bought this house for a sum of USD 9 million when he signed for the Miami Heat in 2010.
The custom-made three-storeyed property offered a brilliant view of the ocean. It housed six bedrooms, eight bathrooms, a home theatre, a library, a heated pool with a swim-up dock, an entertainment lounge with a pool table, a spa, a personal gym and a guest house.
In October 2014, James listed this mansion in Coconut Grove for sale for USD 17 million. Eventually, he sold it at USD 13.5 million in August 2015.
Additionally, the American forward bought a mansion in Brentwood in November 2015 for USD 21 million. The 9,350-square-foot mansion was the costliest house in the neighborhood back in the day. In September 2021, he sold it for USD 19.6 million.
Which cars does LeBron James own in his garage?
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LeBron James is known for his love affair with automobiles. In fact, he is the proud owner of one of the most enviable fleets of cars in his garage.
These are some of the notable vehicles in the basketball player’s collection:
Porsche 918 Spyder
A rare vehicle, the Porsche 918 Spyder is a hybrid supercar. It is fitted with a 4.6-litre V8 engine that can produce up to 607 horsepower. In addition, it also comes with two electric motors — one at the front axle and the other at the rear — that can produce up to 279 horsepower.
This powerful car offers a top speed of 334 kilometres per hour and can accelerate from 0 to 100 kilometres per hour in just under three seconds. The vehicle is priced at USD 1 million.
Lamborghini Aventador Roadster
LeBron James, in association with American footwear and apparel manufacturer Nike, customised this Lamborghini Aventador Roadster. The paint job on the car’s exterior resembles Nike’s LeBron XI ‘King’s Pride’ floral shoes.
This car, powered by a 6.5-litre V12 engine, can produce up to 729 horsepower. The convertible can clock a top speed of 350 kilometres per hour and go from 0 to 100 kilometres per hour in just three seconds. This custom-built Lamborghini is worth around USD 670,000.
Rolls-Royce Cullinan
One of the most luxurious cars in LeBron James’ collection is the Rolls-Royce Cullinan. Under the hood, this SUV comes with a 6.7-litre twin-turbocharged V12 engine that can produce up to 563 horsepower.
The car has a top speed of 250 kilometres per hour and can go from 0 to 100 kilometres per hour in just under five seconds. This Rolls Royce vehicle comes with a tag of USD 335,000.
Ferrari F430 Spyder
The Ferrari F430 Spyder in LeBron James’ garage is powered by a 4.3-litre V8 engine that can produce over 500 horsepower. This car can accelerate from 0 to 100 kilometres per hour in just four seconds and offers a top speed of 315 kilometres per hour.
A work of art, this ‘Prancing Horse’ car is valued at USD 312,000.
Ferrari 458 Italia
LeBron James bought the Ferrari 458 Italia during his time at Miami Heat. This car is fitted with a powerful 4.5-litre engine that can produce up to 562 horsepower.
It can dart from 0 to 100 kilometres in just over three seconds and clock a top speed of 325 kilometres per hour. The convertible is worth in excess of USD 260,000.
Mercedes Maybach 57S
Among all the Mercedes he owns, the iconic Mayback 57S stands out in LeBron James’ collection as it strikes a balance between speed and luxury. The coupe comes with a V12 engine that can produce up to 603 horsepower. It offers a maximum speed of 275 kilometres per hour and can accelerate from 0 to 100 kilometres per hour in just five seconds.
However, the most important detail of the car lies in its number plate — it reads ‘KNG OF OH’ as a tribute to his tenure with the Ohio-based Cleveland Cavaliers. The vehicle is worth around USD 200,000.
In addition to the above-mentioned cars, some of the other vehicles that LeBron James owns in his garage include:
Ferrari F99 Fiorano GTO
Bentley Continental GT
Porsche 911 Turbo S Cabriolet
Mercedes Maybach S600
Rolls-Royce Phantom (A gift from fellow NBA superstar and former teammate Shaquille O’Neal.)
A look at LeBron James’ other investments
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Besides his flair in basketball, LeBron James also possesses a strong business acumen. He has put his financial resources to good use. Some of his most notable business ventures are as follows:
SpringHill Company
Founded in 2020 by LeBron James and Maverick Carter, SpringHill Company brings three businesses under one umbrella: SpringHill Entertainment: An entertainment-production company founded by James and Carter in 2007. It has produced movies, documentaries and television shows.
Robot Company: An integrated marketing agency and brand and culture consultancy. It was founded by James and Carter alongside the creator of The Shop (a talk show), Paul Rivera.
Uninterrupted: A company aimed at empowering athletes with a platform for them to share their stories. It was founded in 2015.
SpringHill Company features tennis legend Serena Williams on its board of directors. The company is named after the housing complex in Akron, Ohio where James grew up.
Blaze Pizza
While he was still under a contract with the American fast-food chain McDonald’s, LeBron James decided to invest in a pizza startup in 2012. Named Blaze Pizza, the venture soon started to multiply in large numbers. In 2017, the American basketball player turned down a contract extension with McDonald’s to invest his time and resources in the startup.
At present, Blaze Pizza has over 21 franchises all over the USA. James’s equity stake in the company is reportedly worth USD 40 million, according to Celebrity Net Worth.
Fenway Sports Group
In 2011, LeBron James struck a deal with Fenway Sports Group to own a two per cent stake in Liverpool FC, one of the behemoths in the global club football landscape. Since then, the team has won every major silverware. Today, the club is valued at around USD 2 billion.
James joined Fenway Sports Group as a partner in 2021. In the process, he became part owner of all the other sports teams under the conglomerate, namely:
Boston Red Sox (Major League Baseball),
New England Patriots (National Football League),
RFK Racing (NASCAR Cup Series).
However, James is yet to fulfill his dream of owning a basketball team.
Which brands does LeBron James endorse?
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While he has earned a fortune from his professional career, LeBron James’ off-court earnings eclipse his on-court income by a mile. And a majority of its credit goes to his sponsorship deals.
According to reports, the American basketball player has more than a dozen multinational brands on his endorsement portfolio.
Right after getting drafted by the Cleveland Cavaliers at 18, LeBron James signed his first contract with one of the behemoths of sports apparel and equipment manufacturer, Nike. Initially, the deal was worth USD 90 million over seven years.
Interestingly, James was offered a sum of USD 115 years over seven years by Reebok in 2003. But the American forward turned them down to join forces with Nike.
In 2015, Nike offered him a lifetime endorsement deal. According to the terms of the contract, James will receive USD 20 million per annum for the rest of his life. This was the first time in Nike’s history that they offered a lifetime deal to any player, and it can ultimately be worth USD 1 billion or more.
Other brands in James’ portfolio include:
Audemars Piguet
AT&T
Beats by Dre
CRYPTO.com
DraftKings
PepsiCo
Epic Games
Fanatics
GMC
Louis Vuitton
Taco Bell
Sony
His on and off-court earnings, combined, amount to a staggering USD 128.2 million per year. This, in effect, takes him to fourth place among the highest-paid athletes in the world in 2024.
He trails only Cristiano Ronaldo, Jon Rahm and Lionel Messi on that list.
Looking at LeBron James’ philanthropic deeds
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A benevolent soul, LeBron James remains eternally grateful to the world that has been kind to him. He actively takes part in uplifting the needful in the society.
The basketball star founded the LeBron James Family Foundation in his hometown of Akron, Ohio. Every year, the foundation organises a bike-a-thon to raise funds for a myriad of causes. Since 2021, James, in association with the University of Akron, has provided scholarships to 2,300 children.
In 2018, the foundation opened its first public elementary school named the ‘I Promise School’. James has pledged to spend in excess of USD 40 million to send children to college.
Moreover, he supports a host of non-profitable organisations such as:
After-School All-Stars
Boys & Girls Clubs of America
Children’s Defense Fund
James, in 2016, donated USD 2.5 million to the Smithsonian National Museum of African American History and Culture for an exhibition on Muhammad Ali.
In recognition of his charitable deeds, the NBA bestowed James with the J. Walter Kennedy Citizenship Award for his “outstanding service and dedication to the community.”
Frequently Asked Questions (FAQs)
– How much is LeBron James’ net worth in 2024?
LeBron James’ net worth in 2024 is USD 1.2 billion (INR 9,994.8 crore).
– How much is LeBron James’ house worth?
The most expensive house of LeBron James is the one in Beverly Hills worth USD 37 million.
– How much does LeBron James earn yearly?
LeBron James has an annual income of USD 128.2 million per year, including both his on and off-court earnings.
