The LA Lakers star is still, despite his age, a huge draw for sponsors who want his face on their product.
Forbes magazine released the list of the highest paid athletes of the year, where once again ‘The King’, LeBron James, makes it into the Top 5, behind only Cristiano Ronaldo, golfer John Rahm and Inter Miami’s Lionel Messi.
However, within the top 10 highest paid, the Lakers star can boast that he is the king in terms of the money he received from sponsors within the last year.
How much money does LeBron James make from sponsorship deals?
LeBron James is in fourth place with $128.2 million made in the past year, of which $80 million is from the brands that sponsor him.
How much money does LeBron James make from Nike?
One of the most lucrative contracts LeBron James has is the one he signed with Nike, a company that pays him more than $30 million dollars a year, and with whom he has had a relationship since 2003.
Other brands that sponsor the Lakers star include AT&T, Beats, Crypto.com, GMC, Pepsi & Co, Intel, Kia, among many others.
In addition, he has shone in his dealings as an entrepreneur, becoming one of the main investors of Spring Hill, a marketing agency that is worth around $300 million dollars, in addition to having the platform ‘Uninterrupted’, something that allowed him to become executive producer.
While the Lakers are no longer in the NBA postseason after being knocked out by the Denver Nuggets, the action is seriously hotting up as we approach the finals. Boston beat the Cavs 4-1 after 5 games while the Knicks are, ahead of game 6, 3-2 up against the Indiana Pacers who have staged something of a comeback.
In the West, the Mavs are 2-3 up against the Thunder, while the Denver Nuggets and the Minnesota Timberwolves are playing out a thrilling series, which is currently tied at 3-3 after the Wolves’ fantastic recent win which saw the Nuggets score just 70 points, with just 9 of them in the final quarter.
