The Cleveland Cavaliers picked James as the first overall choice in the NBA Draft in 2003. First-round draft pick at the time, he is just one of two players to be selected right out of high school in the NBA’s history. This started his successful NBA career.
A new NBA record was set in his debut game for most points scored by a prep-to-pro player in the NBA. To add, he was selected Rookie of the Year.
After a few seasons, LeBron became a household name, winning many MVP awards and being named to his first All-Star team.
LeBron James revealed in June 2010 that he was leaving Cleveland and signing a six-year contract for $110 million with the Miami Heat. In an hour-long ESPN program, ‘The Decision,’ the decision was made public.
The Heat did it to the NBA Finals in James’ first season in Miami, but was defeated by the Dallas Mavericks in six games in that year’s championship series. The next year, he won his first NBA title with the Heat, beating the Oklahoma City Thunder in five games.
James was named the NBA’s Most Valuable Player for the fourth time in 2013. In 2013, the Heat beat the San Antonio Spurs in seven games to win their second championship in a row.
Lebron James returned back again to the Cleveland Cavaliers in 2014 after four seasons with the Miami Heat. LeBron James led the Cleveland Cavaliers to NBA championships in 2016 and 2017.
He departed the Cleveland Cavaliers in 2018. James signed a four-year contract for $154 million with the Los Angeles Lakers as a free agency. More opportunities are expected for the Lakers star.
Among the many companies that have offered endorsement deals with LeBron are Coke, Nike, Beats by Dre, Intel, Kia Motors, and Blaze Pizza. As of now, he’s promoting Verizon’s mobile TV service among his endorsement deals.
During the pandemic-plagued season, James handled the NBA bubble admirably. He’s also got Anthony Davis as a running buddy.
A portion of his wealth is invested in Fenway Sports Group, which owns the Boston Red Sox and Liverpool Football Club, as well as a large portion of Roush Fenway Racing and the New England Sports Network.
The SpringHill Company, which James with his business partner Maverick Carter acquired a minority share in, now has a value of $725 million, bringing his multimedia portfolio to a total of $1 billion.
As of today, James has signed an agreement to acquire a Beverly Hills house from the estate of co-creator Lee Phillip Bell. When it comes to NBA salaries and endorsements, LeBron James earns approximately $40 million in a month every year.