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LeBron James Has Some Lavish Spending Habits
In July 2018, LeBron made history as the highest-paid NBA player ever when he signed a four-year, $154 million deal with the Los Angeles Lakers. He added to his fortune in December 2020 when his agent, Rich Paul, announced that LeBron agreed to a two-year, $85 million contract extension with the team. That doesn’t even factor in his commercial bankability. Over the years, LeBron has endorsed at least a dozen major brands, including Nike, Coca-Cola, Beats by Dre, and State Farm Insurance. According to Forbes, he earned $60 million in sponsorships in 2020. So what does he do with all the dough? For starters, he invests in his greatest asset: his body. In a 2016 episode of the Bill Simmons Podcast, the host told guest Malcolm Gladwell that King James spends seven figures a year to stay in tip-top shape. “I just, by chance, spent some time with Maverick Carter a couple weeks ago, who’s LeBron’s business partner,” said Simmons. “I asked him, ‘What’s the biggest misconception about LeBron? What’s the one thing people don’t realize about LeBron?’ And he said, ‘People don’t realize how hard he works on his body.’ Simmons pressed for details, asking, “What do you mean?” “LeBron spends like a million and a half dollars a year on his body,” said Carter. “I’m paraphrasing what he told me, so I might not be getting all these facts right,” Simmons continued. “[Lebron has] got chefs. He has all the science of how to sleep. All these different things. Masseuses. Everything he does in his life is constructed to have him play basketball and to stay on the court and to be as healthy as possible and to absorb punishment when he goes into the basket and he gets crushed by people.” His commitment to self-care extends to his living arrangements. In the summer of 2020, LeBron purchased a $36.75 million Mediterranean mansion in Beverly Hills. The property, which is over 9,100 square feet, was previously inhabited by legendary film star Katharine Hepburn. It includes a screening room, swimming pool, and tennis court. There are also two separate guesthouses, although we’re not sure if that includes his daughter’s incredible backyard playhouse:He reportedly purchased the home without seeing it in person. We guess if he wasn’t happy with it, he could have remained at one of two other places he owns in the area. His real estate portfolio includes a $23 million mansion in Brentwood that he picked up in 2017 and a $21 million property he bought in 2015. Of course, LeBron also knows how to indulge and reward himself for his hard work. Yahoo! reports that his personal car collection is worth well over $1 million. The basketball star reps Kia Motors and is contractually obligated to call them the best cars on the planet, but that doesn’t mean he can’t enjoy other rides. Highlights from his garage include a classic ’57 Chevy Impala, a sick Lambo Aventador, and a posh Bentley Continental GT..@KingJames' daughter Zhuri got her own mini house as a birthday gift.
— SportsCenter (@SportsCenter) October 13, 2020
She had to clean the floors after LeBron walked in with his shoes on 😂 pic.twitter.com/4t46nda0cK