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LeBron James’ Career Earnings Will Hit $1 Billion In 2021

(via Silver Screen and Roll)

(via Silver Screen and Roll)

As the face of basketball, and (arguably) the NBA's greatest player ever, it should be no surprise that LeBron James rakes in the dough. This season alone, the 36-year-old superstar is set to make over $39 million.

And while it's impossible to tell exactly how much James is really worth today, it's not hard to figure out the dude is close to becoming a literal billionaire. Next year, he'll be on track to reach a major and pretty unbelievable financial milestone in 2021: career earnings of $1 billion. According to Forbes, he will be one of just five players worldwide to hit that mark while still being an active player.

(via Forbes)

"LeBron James is the NBA’s top-earning player for the seventh straight year, including off-court income (2016-17 was the only season of his career James had the highest playing salary). He’s expected to earn $95.4 million, including an estimated $64 million from endorsements, memorabilia and media. It is a record haul for an NBA player and the highest ever in American team sports. The historic year will push his career earnings to $1 billion, including $700 million off the court. He joins Tiger Woods, Floyd Mayweather, Cristiano Ronaldo and Lionel Messi in reaching the three-comma club while still an active athlete.

The four-time MVP’s salary with the Los Angeles Lakers for the 2020-21 season was set to be $39.2 million, but James and every other NBA player will have 20% of their pay placed in an escrow account to help balance the 50-50 split in leaguewide revenue, as defined by the NBA’s collective bargaining agreement. Altogether, he will lose out on about $8 million and a chance to enter the rarefied club of athletes who have earned $100 million or more in a single year. The only other Americans to reach that peak as active athletes were Woods and Mayweather."

LeBron James has grown his brand well beyond the basketball court. With a foot in clothing, business, culture, and even politics, he has become a global figurehead with enormous power and tons of revenue.

The craziest part is, he's only 36-years-old. With a couple more years on the court, and some thought-out tactics after retirement, he can continue to grow his brand and sphere of influence for decades to come.

Like it or not, LeBron James has become a pretty big deal and that's not likely to slow down any time soon.