Sports

LeBron James is a billionaire. He is also notoriously cheap.

LeBron James
LeBron James. Jamie Schwaberow/Getty Images
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LeBron James is a four-time champion, four-time MVP, 19-time All-Star, and soon to be the highest-paid NBA player of all time.

He is also a billionaire.

James' most recent contract is a two-year, $97 million contract with the Lakers that will pay him $50 million in 2024-25, and he makes more than that off the court. While he has expensive tastes when it comes to cars and houses, he is also famously cheap and tight with his money.

Here are a few examples.

LeBron is one of the wealthiest athletes ever.

(L-R) LeBron James and Savannah James attends Netflix's "Hustle" World Premiere at Regency Village Theatre on June 01, 2022 in Los Angeles, California.
LeBron James and wife, Savannah, attend Netflix's "Hustle" World Premiere at Regency Village Theatre on June 01, 2022 in Los Angeles, California. Jon Kopaloff/Getty Images

LeBron has made $432 million during his 20-year NBA career. He also signed a two-year, $97 million extension with the Lakers that will give him $141 million over the next three years. The extension will make James the highest-earning player of all time, with $532 million.

In addition to his NBA salary, LeBron also makes roughly $90 million a year in endorsements off the court.

LeBron James
YouTube/Kia Motors America

The King led all athletes with $126.9 million in on- and off-court earnings in 2021. The following year, he ranked second on the same list — behind World Cup winner Lionel Messi — with $121.2 million total earnings.

Source: Sportico, Forbes

Thanks in large part to his lifetime deal with Nike, LeBron is now a billionaire, according to Forbes.

LeBron James Nike
LeBron James has a lifetime deal with Nike. Visual China Group via Getty Images/Visual China Group via Getty Images

Forbes estimates that he has earned "upwards of $900 million in income from endorsements and other business ventures."

Source: Forbes

But he is also open about how cheap he can be at times.

LeBron James
Ethan Miller/Getty Images

Despite his expensive tastes when it comes to cars and houses, Dwyane Wade once called James "the cheapest guy in the NBA."

LeBron James and Dwyane Wade
Gregory Shamus/Getty Images

LeBron responded by saying that was "so, so, so, so falsely true."

Warren Buffett was kinder, saying of LeBron, "He's savvy. He's smart about financial matters."

Warren Buffett speaks onstage
Warren Buffett speaks onstage during Fortune's Most Powerful Women Summit at the Mandarin Oriental Hotel on October 13, 2015 in Washington, DC. Paul Morigi/Getty Images

"It's amazing to me the maturity he exhibits," the famed investor said of LeBron.

Source: Sporting News

One example is his phone. James won't use his phone if it is not on wifi.

LeBron James and Savannah Brinson
Christian Petersen/Getty Images

"No, I'm not doing that," LeBron once said. "I'm not turning on data roaming, I'm not buying no apps, I still got Pandora with commercials."

Read more: LeBron James says he doesn't turn on data roaming or pay for apps or music services because he's 'the cheapest guy in the NBA'

When Pandora heard that, they offered LeBron a free premium account.

LeBron James
LeBron James. Doug Pensinger/Getty Images

He was once spotted riding a bicycle to a game in Miami.

LeBron James rides a bike.
LeBron James rides a bike to work. Twitter/jackNruth

LeBron also said he would not pay for a blue checkmark on Twitter.

Elon Musk wearing a blazer and looking at the camera.
Twitter owner Elon Musk. Dimitrios Kambouris/Getty Images

James referenced his frugality when declining to pay to keep his blue checkmark on the new Elon Musk-helmed Twitter.

"Welp guess my blue ✔️ will be gone soon cause if you know me I ain't paying the 5," James wrote on Twitter

Despite his money savvy, LeBron does have expensive tastes in some areas and also gives a lot of money to charitable endeavors. Check those out here.

LeBron James' home.
LeBron James' home, which Arana sold to the basketball player for $22.5 million. Marc Angeles /Unlimited Style Photography

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Cork was a correspondent for Insider's sports desk.Previously, he was a contributor at MLB Trade Rumors, and he has written for Yahoo Sports, Deadspin, and The Hardball Times. He has authored chapters in three books, including "The Hardball Times 2009 Season Preview." Cork's work has been featured on ESPN's "SportsCenter" and "Mike & Mike," "Any Given Wednesday with Bill Simmons," ESPN.com, BBC, Yahoo, USA Today, Sports Illustrated, Drudge Report, the Washington Post, the Kansas City Star, the Houston Chronicle, and the Dallas Morning News, among others.He is a graduate of the University of Iowa and holds a doctorate from Fordham University.Here is a selection of his work:Under Armour hit the jackpot on its Jordan Spieth betGary Woodland once took his pants off to hit a shot and learned a funny lesson about product endorsementWe tried the alcohol diet Tom Brady put Rob Gronkowski on, and it was a lot harder than we imaginedThe University of Texas spent $7 million remodeling their football locker room and the results are jaw-droppingStephen Curry has replaced LeBron James as the best basketball player in the worldEx-NBA player who made $60 million explains what really happens to your money when you sign an 8-figure contractHere's Michael Jordan's 56,000-square-foot house in Chicago, and why it's still on the market after 6 yearsMayweather beat McGregor with a TKO in the 10th round! Here are the big moments everybody will be talking aboutPerfect conditions at Cowboys-Patriots game helped create incredible picturesWe've been using Alexa in a car for 6 months and it's the best infotainment system we've ever used.