Money Moguls

Lebron James Lives Up to His Nickname “King James”

One of the most popular sports in America is the wonderful game of basketball. The National Basketball Association, also known as the NBA, is the professional league of basketball where countless men earn millions of dollars. Unless you have been living under a moldy rock on the east side Compton´s west swamp, then you have heard of Lebron James. Lebron, often times called “King James” or “The Chosen One” has lived up to his incredible hype and has delivered to become one of the top NBA players today. The crazy thing is that Lebron was first exposed to the national spotlight as a sophomore in high school and hasn´t once cracked under the pressure. Now at the tender age of twenty three, Lebron has already lead his team to their first NBA Finals birth in their franchise history and has claimed many records such as the youngest player to record a triple double, record fifty points in a game, and make it on the All NBA Team. With all this success, you would imagine that Lebron makes some huge dollar figures to compensate for his incredible talent.

If you assume Lebron James is one of the richest celebrities on the beautiful face of Planet Earth, you would be assuming correctly. Even before Lebron played his first NBA game, Nike inked him to a ninety million dollar contract. In addition to his Nike contract, Lebron has other sponsors in Sprite, Powerade, Bubbilicious, and Upper Deck. Lebron has been quoted saying that he wants to be the first billionaire athlete in the entire world and become a global icon. Lebron is already a global icon and is well on his way to becoming the first billionaire athlete.

If Lebron played baseball and was as talented as he is in basketball, he would demand Alex Rodriguez figures if not more. This basically means that Lebron would be making over twenty five million a year just from his contract. Too bad basketball has a salary cap and Lebron is only getting paid less than half that a year. Regardless, Lebron took home over twenty seven million dollars last year an has been busy spending ever since.

Once Lebron made it to the NBA, he bought every one on his high school basketball team a brand spanking new car. He recently treated himself to a thirty five thousand square foot home just outside of Cleveland which includes a bowling alley, a barbershop, and casino. The weird thing about this home is that he didn´t include a basketball court. Go figure huh? Lebron has plenty of money to spend on anything he would ever so desire.