The NBA’s top 10 earners will make an estimated $540 million this year. Here are the top 5 highest-paid NBA players:
“I’m not a businessman—I’m a business, man,” Jay-Z famously rapped more than a decade ago. It’s a lesson that NBA superstars are taking to heart as they recognize their ability to call the shots on and off the court. The biggest stars, including LeBron James, Stephen Curry and Kevin Durant, have set up companies to manage the opportunities in media, marketing and investing that come along with being global icons.
The NBA’s top 10 earners will make an estimated $540 million this year from salaries, endorsements, appearances, royalties and media pacts. The tally is up more than $180 million for hoops’ top earners from five years ago. James is the NBA’s highest-paid player for the fifth-straight year, with $88.7 million, including $53 million off the court.
James, Curry and Durant are among the rare breed of players who make more off the court than on it. Endorsements provide the bulk of the off-court earnings for the trio. Shoe deals are the driving force, but these stars are increasingly pushing their personal brands into other areas. James took control of his own marketing in 2006 when he launched what is now LRMR Ventures. A Hollywood production company, SpringHill Entertainment, followed in 2008. It has created TV shows like
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The 10 highest-paying college majorsZippia analyzed the data from the American Community Survey (ACS), in order to determine the average annual income of graduates with 174 college majors. When looking at workers between the ages of 29 and 31 who were employed the whole year and worked at least 35 hours per week, they found that petroleum engineering stands out as the highest-paying college major — by far.
Read more »
LeBron James calls for 'swift action' against Warriors minority owner who shoved Kyle Lowry during NBA FinalsLeBron James made his voice heard after it was revealed that the man that had shoved Kyle Lowry was a minority owner in the Golden State Warriors.
Read more »
NBA: Raptors beat shorthanded Warriors, take 2-1 Finals leadThe Toronto Raptors showcased their strength in depth that undermanned Golden State could not match, taking full advantage of their status as the deeper and healthier team in the NBA Finals.
Read more »
Opioid manufacturer agrees to pay $225 million to settle corruption caseAn opioid manufacturer has agreed to pay $225 million to resolve federal investigations into allegations that it paid kickbacks and used other illegal marketing tactics to sell fentanyl spray
Read more »