Many sports fans can agree that basketball is catching up to soccer as the most popular
sport in the world.
LeBron James is one of the main reasons, and his association with Nike has helped the game grow.
Over the years, the athletic company has shown a willingness to spend loads of money on athletes.
Tiger Woods, Anthony Davis, and Alexander Ovechkin are just a few examples. Since James’ debut in the NBA, how much has Nike paid him?
How Much Has LeBron James Made From Nike?
Nearly every major shoe brand lined up to sign deals with James before he was drafted.
Ultimately, he settled on a contract with Nike for $90 million over seven years from 2003
to 2010.
After the Nike deal expired, James and the company agreed to a lifetime contract.
This means Nike will pay James around $30 million per year for the rest of his
life.
The contract will exceed $1 billion dollars in value by the time James reaches his
60s. As of 2024, the Lakers star has earned around $400 million from Nike alone.
What Other Businesses Does LeBron James Have?
James isn’t just recognized for his iconic basketball career. He’s become an excellent
businessman with shares in Blaze Pizza, Fenway Sports Group, and Lobos Tequila 1707
Limited Edition Añejo.
These business moves helped him become one of the wealthiest athletes of all time.
Interestingly enough, his biggest idea for a business venture hasn’t come to fruition yet. James is vocal about his interest in owning an official NBA team in Las Vegas after he retires from playing.
Leave a Reply