LeBron James became the first NBA player to earn $1 billion while continuing to play sports.
This news was released after the first week of “Space Slam Dunk: A New Legacy” starring and produced by James reached $31.6 million in sales.
According to Sportico, since being drafted into the army in 2003, James has earned $330 million on player salaries alone. According to reports, the 36-year-old player earned an extra $700 million on the football field through advertising contracts, merchandise sales, licensing and media production. Provided by SpringHill Co. Its current endorsement agreement includes cooperation with ATandT, Beats Electronics, Blaze Pizza, GMC, Nike, Pepsi, Rimowa and Wal-Mart, generating more than $100 million in revenue each year.
Sportico compares James’ historical income with Michael Jordan’s historical income. The latter is of course the starring role of the original 1996 Space Mojito.
Although Jordan is now worth about US$2 billion, the publication states that most of his income comes from these incomes. After his legendary NBA career.
One company that Jordan made particularly profitable during his retirement was the successful Nike Jordan brand. Sportiko wrote that Jordan did not earn $1 billion while playing, which made James the first NBA player to accomplish this feat.
honor, James joined a group of heavyweight athletes including Tiger Woods, Floyd Mayweather, Cristiano Ronaldo, Lionel Messi and Roger Federer , These athletes have earned 1 billion U.S. dollars in their careers.
The Los Angeles Lakers star is also the first active player in American team sports to reach a monetary milestone.