LeBron James Net Worth 2022 (Forbes) – Salary, Income, Earnings

LeBron James Net Worth 

LeBron James has an estimated net worth of $1 billion. LeBron James became an immediate star after skipping college to join the NBA’s Cleveland Cavaliers. He led the Miami Heat to NBA titles in 2012 and 2013 and won another championship with Cleveland in 2016, before joining the Los Angeles Lakers in 2018. He earns most of his income from his career as a basketball player and brand endorsements. 

LeBron James is a basketball player for the Los Angeles Lakers in the United States. James first gained national attention as the country’s best high school basketball player. He was a four-time NBA MVP thanks to his unique combination of size, athleticism, and court vision. After leading the Miami Heat to two championships in 2012 and 2013, James returned to Cleveland and helped the franchise win its first in 2016.

To calculate the net worth of LeBron James, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: LeBron James
Net Worth: $1 Billion
Monthly Salary: $5 Million
Annual Income: $100 Million
Source of Wealth: Basketball player, Athlete, Television producer, Screenwriter, Voice Actor

Early Life and High School Basketball Career

James was born on December 30, 1984, in Akron, Ohio. At a young age, James demonstrated a natural talent for basketball. He was recruited to play basketball for St. Vincent-St. Mary High School in 1999. During his four years there, James scored 2,657 points, grabbed 892 rebounds, and assisted 523 times.

James averaged 18 points per game as a freshman. He led the team to the Division III state championship with 25 points in the championship game. James received several awards for his performance as a result of his advanced basketball skills.

As a sophomore in high school, James was named to the USA Today All-USA First Team. He was the first sophomore to be honored in this manner. His team won the Division III state championship for the second year in a row.

The following school year, James was named PARADE magazine’s High School Boys Basketball Player of the Year and Gatorade Player of the Year. By the end of his junior year, James had developed into such a strong player that he considered turning pro.

After deciding to complete his education, James had a fantastic senior year on the court. He averaged 31.6 points per game and helped his team win its third state championship. St. Vincent-St. Mary High School also received the top national ranking that year. James would quickly rise to prominence in the National Basketball Association.

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Draft

With his stellar track record, it’s no surprise that James was the first player selected in the 2003 NBA Draft out of high school. The powerful young forward was signed by the Cleveland Cavaliers, and he proved to be a valuable addition to the struggling franchise. The team finished eighth in the Eastern Conference the previous season.

Cleveland Cavaliers

During the 2003-04 season, James made history by becoming the first Cavalier to win the NBA Rookie of the Year Award. He was also the youngest player to receive this honor, at only 20 years old.

Furthermore, James, who was averaging 20 points per game at the time, became one of only three rookies to accomplish this feat, joining Michael Jordan and Oscar Robertson.

The following season, James continued to excel professionally in the NBA, increasing his average points per game to 27.2. In 2005, he became the NBA’s youngest player to score more than 50 points in a single game.

In the first round of the playoffs in 2006, James assisted his team in defeating the Washington Wizards. The Cavaliers then faced the Detroit Pistons in the Eastern Conference semifinals. In this postseason matchup, James averaged 26.6 points per game, but it wasn’t enough to secure victory for his team. Despite the fact that his team was not at the top of the rankings, James continued to receive special recognition for his abilities.

James signed a new contract with the Cavaliers in 2006. The following season, the team proved to be a more formidable opponent, defeating Detroit to win the Eastern Conference. However, in the NBA Finals against the San Antonio Spurs, the Cavaliers were defeated in four consecutive games.

Throughout the 2007-08 season, James helped the Cavaliers improve their standing in the Eastern Conference. The team advanced to the semifinals before being defeated in seven games by the Boston Celtics. Individually, James had a fantastic year, outperforming rivals such as Kobe Bryant and Allen Iverson by averaging 30 points per game, the highest average in the NBA regular season.

Sports journalists and fans began discussing James’ future in the sport early in the 2008-09 season. In 2010, he had the option to become a free agent, and there was much speculation about where he would end up. The New York Knicks were mentioned by some journalists as a possible suitor for the rising star.

James made several references to his impending free-agent status, but he was careful not to overstate the situation. “I’m concentrating on my current team and winning a championship… At this point, I’m not considering making a change “According to James,

Miami Heat

James announced his signing with the Miami Heat for the 2010-11 season shortly after becoming a free agent. His fans in Cleveland were furious, and many saw his departure as a betrayal of his hometown.

Cleveland Cavaliers majority owner Dan Gilbert issued an open letter shortly after James’ announcement, calling James’ decision “selfish,” “heartless,” and a “cowardly betrayal.” Unfazed, James finished second in the league with 26.7 points per game in his first season with the Heat.

James and the Miami Heat had a very successful season in 2011-12. The superstar forward finally won his first title after his team defeated the Oklahoma City Thunder in the NBA Finals. In the deciding Game 5, James had 26 points, 11 rebounds, and 13 assists. “I made a difficult decision to leave Cleveland, but I knew what my future was about,” James said after the game to FOX Sports. “I knew [in Miami] we had a bright future.”

During the 2012-13 season, James made yet another NBA history: on January 16, 2013, at the age of 28, he became the youngest player to score 20,000 points, surpassing Bryant of the Lakers, who accomplished this feat at the age of 29, and becoming only the 38th player in NBA history to do so. In the final seconds of the game, James made a jump shot, bringing his scoring total to 20,001 and leading the Heat to a 92-75 victory over the Warriors.

Following a hard-fought six-game series against the Indiana Pacers to win the Eastern Conference, Miami defeated the San Antonio Spurs in seven games to win its second consecutive NBA championship.

At the end of the 2013-14 season, Miami returned to the NBA Finals to face the Spurs once more, this time losing in five games to San Antonio.

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Return to Cleveland Cavaliers

After opting out of his contract with the Heat and considering other teams, James announced his return to the Cavaliers in July of 2014.

James missed 13 of 82 regular-season games in 2014-15 due to back and knee issues. When he was healthy, he was as dominant as ever, averaging 25.3 points and 7.4 assists per game. James led the Cavaliers to the NBA Finals, becoming the first player in nearly 50 years to do so in five consecutive seasons. However, injuries to star teammates Kevin Love and Kyrie Irving harmed his chances of winning a third championship, and the Cavaliers were defeated in six games by the Golden State Warriors.

In 2015-16, the Cavs overcame the distraction of a mid-season coaching change and breezed through the playoffs to earn a rematch with the Warriors, marking “King James'” sixth straight NBA Finals appearance. He led his team back from a 3-1 deficit, scoring 41 points in both Games 5 and 6, before recording a triple-double in Game 7 to give the Cavaliers their first championship in franchise history.

James, who was named Finals MVP, stated, “I returned to bring our city a championship. I was aware of my capabilities. I knew what I’d learned in the two years I’d been gone, and I knew that if I had to — when I returned — I had the right ingredients and the right blueprint to help this franchise get back to a place we’d never been. That was the whole point.”

The following season, James paced himself and took charge when necessary, leading the Cavs to an incredible seventh consecutive appearance in the NBA Finals. With former MVP Kevin Durant in the mix this time, the Warriors proved too strong for James and his teammates, winning the championship in five games.

For all of his accomplishments, James set a new record early in the 2017-18 NBA season when he was ejected for the first time in 1,082 games after yelling at a referee during a late November win over the Heat.

During a frustrating season in which an offseason trade that sent Irving to Boston for Isaiah Thomas failed to bear fruit, forcing the Cavs to make another major deal before the All-Star break, the superstar was likely tempted to yell frequently.

After averaging a career-high 9.1 assists per game during the regular season, James had to dig deep to get the team out of the first round of the playoffs, delivering a brilliant 45-point performance to defeat the Pacers in Game 7. The Cavs were tested again two rounds later by the scrappy Celtics, but James scored 81 points in the final two games to win the series and make his eighth consecutive NBA Finals appearance.

Game 1 of the rematch against Golden State came down to the wire thanks to James’ 51-point performance, but Cleveland guard J.R. Smith inexplicably dribbled out the clock with the game tied in regulation, before the Warriors pulled away for the win in overtime. That was the Cavs’ best chance to get a leg up on their opponents, as the Warriors cruised through the next three games to win their third title in four years.

With questions about his future with the team swirling, James revealed that he had played the series with a broken right hand after punching a whiteboard in the aftermath of Game 1’s loss.

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Los Angeles Lakers

On July 1, 2018, James announced the next chapter of his career by signing a four-year, $153.3 million contract with the Los Angeles Lakers, a storied franchise that includes Bryant, Kareem Abdul-Jabbar, and Magic Johnson among its all-time greats.

By midseason, the positive vibes had worn off as the Lakers struggled through a 17-game stretch without their injured star.

In late February 2019, the team was still struggling, and James accused his teammates of losing focus due to trade rumors, saying, “If you’re still allowing distractions to affect the way you play, this is the wrong franchise to be a part of, and you should just come in and say, ‘Listen, I can’t do this.'”

When the Lakers were officially eliminated from playoff contention in March 2019, James’ personal records of 13 consecutive postseasons and eight consecutive NBA Finals appearances were broken. The Lakers announced that their star would miss the final six games of his first season in Los Angeles due to a lingering groin injury.

The following season got off to a much better start, thanks in large part to the addition of athletic big man Anthony Davis to the roster. James led the Lakers to the top of the standings in November 2019, becoming the first player to record a triple-double against all 30 NBA teams.

The following month, James added another honor to his growing list when he was named AP Male Athlete of the Decade.

Championships and Rings

From the 2010-11 season to the 2018-19 season, James was a member of eight consecutive NBA championship teams. He won three championships during that time, twice with the Heat (2011-12 and 2012-13) and once with the Cavaliers (2015-16).

All-Star Games and MVPs 

James was chosen for the NBA All-Star Game for the first time in 2005, and he would go on to play in the annual showcase for the next 15 years.

The NBA announced in January 2018 that James and Golden State Warriors guard Stephen Curry had won the vote and would serve as captains for that year’s All-Star Game.

James was named the NBA All-Star Game’s Most Valuable Player in 2006, a feat he would repeat in 2008 and 2018. James has also won the NBA MVP award four times, in 2008-09, 2009-10, 2011-12, and 2012-13.

Stats and Points

In January 2018, at the age of 33, James surpassed Bryant as the NBA’s youngest player to reach 30,000 career points, becoming the seventh player in NBA history to do so. He fell just over 8,000 points short of Abdul-all-time Jabbar’s record of 38,387.

In 2019, James surpassed Jordan’s career point total of 32,292 to move into fourth place all-time. In January 2020, he surpassed Bryant’s total of 33,643 points to move into third place, just one night before his predecessor died in a helicopter accident.

James’ stats after 16 NBA seasons included regular season per-game averages of:

  • 27.2 points
  • 38.6 minutes
  • 0.736 free-throw percentage
  • 0.343 3-point field-goal percentage
  • 0.504 field-goal percentage
  • 1.2 offensive rebounds
  • 6.2 defensive rebounds
  • 7.2 assists
  • 0.8 blocks
  • 1.6 steals
  • 3.5 turnovers

Olympic Games

James represented the United States in three Summer Olympic Games, in 2004, 2008, and 2012. James debuted at the 2004 Summer Olympics in Athens, Greece. After defeating Lithuania, he and his teammates were awarded bronze medals. Argentina won the gold medal after defeating Italy in the finals.

In the summer of 2008, James traveled to Beijing, China, to play on the United States Olympic basketball team alongside Bryant, Jason Kidd, and Dwyane Wade. This time, the United States team won gold after defeating Spain in the final round.

In 2012, James competed in his third Olympic Games, at the Summer Olympics in London, alongside Durant, Bryant, Carmelo Anthony, and other top players. The gold medal was won by the United States basketball team, which was James’ second consecutive Olympic gold medal.

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Contract With Nike

In 2003, James signed several endorsement deals, including a $90 million deal with Nike that could net him more than $1 billion over his career.

Intel, Verizon, Coca-Cola, Beats by Dre, and Kia Motors are among the other companies that have endorsed him.

Salary and Earnings

In the 2016-17 season, James earned $31 million, making him the third player after Jordan and Bryant to earn that much. In July 2018, the NBA superstar signed a four-year, $153.3 million contract with the Lakers. He also has a stake in Blaze Pizza and is a co-owner of the production company SpringHill Entertainment.

Forbes magazine estimated James’ yearly earnings at $88.7 million in February 2019, making him the NBA’s highest-earning player for the fifth year in a row.

Wife and Kids

James proposed to Savannah Brinson, his high school sweetheart, on January 1, 2012. On September 14, 2013, the couple married in a private ceremony attended by approximately 200 guests in San Diego.

Brinson and James have two sons and one daughter. LeBron Jr., James’ first child, was born in October 2004. Brinson gave birth to their second son, Bryce Maximus James, on June 14, 2007. Zhuri James, their third child, was born on October 22, 2014.

LeBron James Family Foundation

James has worked to help others outside of the NBA. In 2004, he and his mother Gloria founded the LeBron James Family Foundation to assist children and single-parent families in need.

Among its many initiatives, the organization constructs playgrounds in economically depressed areas and hosts an annual bike-a-thon.

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Outspoken Posts on Social Media

James, one of the world’s most recognizable athletes, has not been shy about sharing his opinions on social media. He expressed his support for Trayvon Martin after the teen’s death in 2012, among other issues, and he has clashed with US President Donald Trump.

In October 2019, James waded into sensitive territory after Houston Rockets GM Daryl Morey posted a tweet in support of Hong Kong’s pro-democracy protesters, sparking a Chinese media boycott of NBA preseason games in the country. James stated that he believed Morey was “misinformed” about the situation, but later tweeted that he was more concerned with the executive making comments that could have put traveling players in danger.

During the Cavaliers’ slow start to the 2017-18 season, the basketball superstar displayed a playful side on social media, posting a picture of cartoon character Arthur clenching his first.

‘Space Jam 2’

James appeared in Space Jam 2, the 2021 sequel to Jordan’s 1996 hit. “”The Space Jam collaboration is so much more than me and the Looney Tunes getting together and making this movie,” James explained to The Hollywood Reporter.

“It’s a lot bigger. I’d just like for kids to realize how empowered they can feel and how powerful they can be if they don’t give up on their dreams.”

Further Reading

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