banner



How Much Money Does Lebron Make Every Second

LeBron James is indeed the best basketball player in the world, and his body of work will earn him a mind-boggling salary this season. The King will earn $162 every second he set his foot on the hardcourt for the Los Angeles Lakers.

ESPN tweeted a breakdown of James' multi-year contract.

.@KingJames will make $162 per second in purple and gold this season 😳 pic.twitter.com/DnAa0DxIL9

— ESPN (@espn) September 6, 2018

The Lakers caught the biggest fish in the free agency waters, which of course comes with a hefty price to pay. Spotrac.com summarized the four-time NBA Most Valuable Player's deal with the Lakers.

 "LeBron James signed a 4 year / $153,312,846 contract with the Los Angeles Lakers, including $153,312,846 guaranteed, and an annual average salary of $38,328,212. In 2018-19, James will earn a base salary of $35,654,150, while carrying a cap hit of $35,654,150 and a dead cap value of $153,312,846."

With his new contract in Los Angeles, James is set to eclipse $1 billion in total earnings, per Shoshanna Delventhal of Investopedia. James' earnings are further driven by his influence on media and endorsements.

"LeBron's booming wealth, driven largely by his partnerships with brands such as Nike Inc. (NKE) and Sprite, owned by The Coca-Cola Company (KO), reflects the larger role that influencers take in the marketing of consumer goods. The basketball player's 10-figure career earnings can be attributed by roughly 65% to endorsements, according to ESPN's Darren Rovell. As of June 5, 2018, according to Forbes, James ranks 6th in the world for highest paid athletes. In one year alone, he made $33.5 million in salary/winnings and another $52 million in endorsement deals."

Even so, LeBron James has remained true to his roots in the community. He has donated to charities left and right and has since played a huge part in the establishment of a public school in his hometown of Akron, Ohio.

How Much Money Does Lebron Make Every Second

Source: https://clutchpoints.com/lakers-news-lebron-james-162-per-second/

Posted by: edsonhaverive.blogspot.com

0 Response to "How Much Money Does Lebron Make Every Second"

Post a Comment

Iklan Atas Artikel

Iklan Tengah Artikel 1

Iklan Tengah Artikel 2

Iklan Bawah Artikel