Get the latest lebron james rumors on hoopshype. Lebron james nike deal.
While the details of james s lifetime nike deal the first lifetime deal nike has ever done have never been officially disclosed it was released that the partnership was worth more than the 10 year contract that kevin durant signed with nike worth 300 million.
Lebron james salary nike. Four time nba mvp lebron james joined the los angeles lakers in 2018 under a four year 153 million contract. Lebron james signed a 4 year 153 312 846 contract with the los angeles lakers including 153 312 846 guaranteed and an annual average salary of 38 328 212. His endorsement partners include nike coca cola beats by.
Mary high in 2003 up through the present day with the los angeles lakers. Department of labor bureau of labor statistics. Reebok offered 115 million which was 28 million more than what nike was offering.
Lebron endorsements and ventures according to experts about 65 of james income is from endorsements. Both james and nike s business has grown exponentially since 2003 when nike signed james on the eve of the nba lottery to a seven year 90 million deal its largest athlete deal ever at the time. In 2020 1 james will earn a base salary of 39 219 565 while carrying a cap hit of 39 219 565 and a dead cap value of 39 219 565.
When lebron james signed his first shoe deal for 87 million with nike he chose the swoosh over reebok which had offered him 115 million. Adidas reebok and nike pitched their plan to lebron and after several meetings lebron decided to go with nike. The final year is a 41 million player option.
4 yr s 153 312 846. He s making 4 76 percent more than in 2019 20. He has the nba s top endorsement portfolio as well as his own production company.
James joined the lakers last year as a free agent with a four year 153 million contract. While this is a huge amount of money it s only a portion of his total income. Lebron james agreed to a four year contract worth 154 million with the los angeles lakers in 2018.
That would put james s deal in the range of over 30 million per year. Adidas pitched an amount of 60 million whereas nike offered him 87 million. Salaries courtesy of the hoopshype salary database figures adjusted for inflation in 2020 dollars provided by the u s.
Below is a year by year look at james salary including figures adjusted for inflation in 2020 for each season since he turned pro out of st. He s the 6th best paid nba player this year.