LeBron James continues to level up.
According to Forbes, the NBA superstar is set to become a billionaire before the end of the year and it’s not just from his talents on the court.
Aside from dominating in the sports world, the 2003 draft pick is also a businessman. His strong business portfolio includes ownership in Fenway Sports Group, SpringHill Entertainment, and Blaze Pizza.
While the sports industry may seem to produce tons of overnight millionaires with financial horror stories to match, James continues to beat the odds bringing in the dough and amassing an incredible amount of wealth well before his 40th birthday.
He’s made an appearance in 10 NBA Finals, has won four of them, and has been deemed one of the best basketball players since Michael Jordan so success has been inevitable for the Akron, Ohio native.
Now, as James prepares for the premiere of “Space Jam: A New Legacy,” his financial portfolio is slated to hit over 10 figures thanks to his involvement in the film remake.
As the NBA’s top-earning player for the seventh year in a row, James is expected to earn $95.4 million which includes approximately $64 million from endorsements, memorabilia, and media.
He also continues to add to that lengthy list of endorsements.
After a partnership that began in 2003, James and Coca-Cola parted ways when they couldn’t reach a contract extension last year, but now the Lakers star is expected to sign a multi-year deal with PepsiCo to promote the Mountain Dew brand.
PepsiCo will now join James’ endorsement portfolio which includes AT&T, Beats, Blaze Pizza, Nike, GMC, Rimowa, and Walmart
James is breaking NBA records and will become one of the highest-paid athletes in American team sports.
This is a historic year for James as that his career earnings will reach $1 billion with $700 million coming from off the court and will now join Cristiano Ronaldo, Floyd Mayweather, Lionel Messi, and Tiger Woods in the three-comma club while he’s still an active athlete.
