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Los Angeles Times

Sport

Dan Woike

LeBron James is first active NBA player to be worth $1 billion, Forbes says

LeBron James NBA San Francisco SpringHill

SAN FRANCISCO — LeBron James is a billionaire, a designation coming from Forbes magazine.

In addition to nearly $350 million in career earnings in the NBA, James' business interests have nudged him over the threshold, making him the second athlete to eclipse the financial milestone, the magazine said.

Heading into the final year of his contract with the Lakers (James is eligible for an extension), his off-court earnings now dwarf what he makes playing basketball. Among his largest investments are his production company — SpringHill Co. — and shares in the Fenway Sports Group, which owns Liverpool F.C.

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