LeBron James becomes first active NBA Player to Become a Billionaire

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Another remarkable achievement for Los Angeles Lakers superstar LeBron James, as has joined the billionaires’ club, after Sportico his on and off-court income.

LeBron James

James is the first NBA player to pass the one billion dollar earnings mark while still being an active player on the court.

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The Lakers superstar earned $700 million off the court on top of his $330 million NBA salary. He also recently added the success of Space Jam: A New Legacy, which snagged the weekend’s top spot in movies, to his income.

His current endorsement deals, which include partnerships with AT&T, Beats Electronics, Blaze Pizza, GMC, Nike, PepsiCo, Rimowa, and Walmart garner over $100 million every year, he has his own shoe line and was named by Forbes as the fifth-highest paid athlete in 2020.

Earlier this year, James grew his ever-expanding business empire by becoming a partner in Fenway Sports Group, a conglomerate that owns the Boston Red Sox, Liverpool Football Club, Roush Fenway Racing, and New England regional sports network NESN, among other sports-related properties and subsidiaries.

Michael Jordan came close to reaching the same $1 billion benchmark during his career but did so after retiring from the game.

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With the distinction, James joins the heavy tier of athletes who have made $1 billion while active, including Tiger Woods, Floyd Mayweather, Cristiano Ronaldo, Lionel Messi, and Roger Federer. 

The Los Angeles Lakers star is also the first active player in a U.S. team sport to hit the monetary milestone.

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