{"id":34062,"date":"2022-06-02T20:33:19","date_gmt":"2022-06-02T20:33:19","guid":{"rendered":"https:\/\/harchi90.com\/lebron-james-becomes-nbas-first-active-player-worth-1-billion-for-forbes\/"},"modified":"2022-06-02T20:33:19","modified_gmt":"2022-06-02T20:33:19","slug":"lebron-james-becomes-nbas-first-active-player-worth-1-billion-for-forbes","status":"publish","type":"post","link":"https:\/\/harchi90.com\/lebron-james-becomes-nbas-first-active-player-worth-1-billion-for-forbes\/","title":{"rendered":"LeBron James becomes NBA&#8217;s first active player worth $ 1 billion, for Forbes"},"content":{"rendered":"<div>\n<div class=\"article-meta\"><span class=\"timestamp\" data-behavior=\"date_time\" data-date=\"2022-06-02T16:04:00Z\"><span class=\"time\" data-dateformat=\"time1\" data-showtimezone=\"true\">12:04 PM ET<\/span><\/span><\/p>\n<ul class=\"authors\">\n<li>\n<div class=\"author-img\"><\/div>\n<p>Jeremy Willis<span>ESPN.com <\/span><\/p>\n<\/li>\n<\/ul>\n<\/div>\n<p>LeBron James has become the first active NBA player to have a net worth of $ 1 billion, according to Forbes.<\/p>\n<p>The Los Angeles Lakers megastar, a four-time NBA champion and the league&#8217;s No. 2 career scorer, made $ 121.2 million from May 2021 to May 2022 in on-court salary and off-court earnings, according to Forbes.  The total trailed only that of Lionel Messi, who made $ 130 million, on Forbes&#8217; highest-paid athletes list<\/p>\n<p>Reaching $ 1 billion is something James has been thinking about for some time.<\/p>\n<p>&#8220;I want to maximize my business,&#8221; James told GQ in 2014. &#8220;And if I happen to get it, if I happen to be a billion-dollar athlete, ho. Hip hip hooray! Oh, my god. I&#8217;m gonna be excited. &#8220;<\/p>\n<p>Although the Lakers struggled in 2021-22 and James missed the playoffs for just the fourth time in his career, he did become, at 37, the oldest player to average 30 points in a season (30.3 PPG).<\/p>\n<p>Off the court, James starred in &#8220;Space Jam: A New Legacy&#8221; and, according to Forbes, sold a minority stake in his production company, SpringHill, at a $ 725 million valuation.  SpringHill produced the &#8220;Space Jam&#8221; sequel, which grossed $ 163 million worldwide;  &#8220;The Shop,&#8221; which moved from HBO to YouTube last year;  and a docuseries with tennis star Naomi Osaka.  The company is also producing a remake of the 1990 comedy &#8220;House Party.&#8221;<\/p>\n<p>James has made more than $ 385 million in salary from his 19-year career with the Lakers, Cleveland Cavaliers and Miami Heat.<\/p>\n<p>Forbes&#8217; estimates for where James made the rest of his $ 1 billion:<\/p>\n<p>\u2022 More than $ 500 million from cash and investments.  Along with SpringHill, James made money from the sale of Beats by Dre to Apple in 2014 and has shares in fitness company Beachbody.<\/p>\n<p>\u2022 $ 90 million from Fenway Sports Group.  James was at one time a minority owner of Liverpool FC.  He exchanged that for an estimated 1% ownership stake in Fenway Sports Group.  The group owns Liverpool, Fenway Park, the Boston Red Sox and half of Roush Fenway Racing and recently agreed to spend $ 900 million to purchase the Pittsburgh Penguins.<\/p>\n<p>\u2022 About $ 80 million in real estate holdings, including a $ 10 million mansion in Akron, Ohio, and two homes in the Los Angeles area for which James paid a combined $ 59.75 million.<\/p>\n<p>\u2022 Interests in the food and beverage industry that include $ 30 million in pizza chain Blaze Pizza, which James bought a 10% stake in for less than $ 1 million in 2012.<\/p>\n<\/div>\n<p>    .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>12:04 PM ET Jeremy WillisESPN.com LeBron James has become the first active NBA player to have a net worth of $ 1 billion, according to Forbes. The Los Angeles Lakers megastar, a four-time NBA champion and the league&#8217;s No. 2 career scorer, made $ 121.2 million from May 2021 to May 2022 in on-court salary &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/harchi90.com\/lebron-james-becomes-nbas-first-active-player-worth-1-billion-for-forbes\/\"> <span class=\"screen-reader-text\">LeBron James becomes NBA&#8217;s first active player worth $ 1 billion, for Forbes<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[11],"tags":[3501,3502,389,146],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"fifu_image_url":"https:\/\/a2.espncdn.com\/combiner\/i?img=\/photo\/2022\/0428\/r1005763_1296x729_16-9.jpg","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/34062"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=34062"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/34062\/revisions"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=34062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=34062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=34062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}