Report: LeBron James closing in on billionaire status

Los Angeles Lakers forward LeBron James (6) expressed sadness and anger following a school shooting in Texas that left 18 children dead. (Marcio Jose Sanchez/AP)

On top of all of his on-court accolades, Los Angeles Lakers star LeBron James is now reportedly also adding being a billionaire in his net worth to his off-court accomplishments according to Forbes.

The first active NBA player to accomplish such feat, James has achieved his status from multiple streams of revenue, with a staggering $385 million coming from his on-court salaries from his time with the Lakers, Cleveland Cavaliers, and Miami Heat, as he is the NBA’s highest-paid active player.

Another $300 million comes from James’ SpringHill company, which is a combination of three ventures from the NBA star – his Robot Company marketing agency, his athletic social media platform Uninterrupted which shares the untold stories of athletes, and SpringHill entertainment.

James also owns a stake in Fenway Sports Group valued at $90 million, which includes the Boston Red Sox, Fenway Park, Liverpool FC, part of Roush Fenway Racing and a majority of the New England Sports Network. FSG also recently acquired controlling interest Pittsburgh Penguins to add to their portfolio.

James also owns multiple properties which make up $80 million of his net worth, and invested in Blaze Pizza which adds $30 million to his value as he paid reportedly under $1 million for 10 per cent of the company ten years ago that has grown to over 300 stores.

The 18-time NBA All-Star, four-time NBA Champion, four-time NBA MVP, four-time NBA Finals MVP, three-time All-Star MVP and two-time Olympic gold medallist now has another honour added to his career before the time her turns 40.

When submitting content, please abide by our submission guidelines, and avoid posting profanity, personal attacks or harassment. Should you violate our submissions guidelines, we reserve the right to remove your comments and block your account. Sportsnet reserves the right to close a story’s comment section at any time.