It’s hard to say what Lebron James' salary will be in the 2013-2014 season, but he has argued that his monetary value to the NBA is worth far more than what he’s earning.
Los Angeles, CA (PRWEB) June 06, 2013
Millions of basketball fans around the world will tune in to game one of the NBA Finals 2013, airing tonight, June 6, 2013 to find out whether reigning MVP and NBA Champion LeBron James can hold on to his title for a second year. In a recent assessment of the highest-paid athletes in the U.S., Sports Illustrated declared James to be the second-highest earning athlete in 2013 with a net worth of over $56 million.
While the NBA Finals 2013 are a pivotal moment for players to claim bragging rights, it also presents choice prize winnings for the league’s leading team. In its latest investigation, GoBankingRates examines the NBA championship reward that’s on the line and reveals what kind of monetary bonus LeBron James can expect from winning a 2013 championship.
According to the NBA, the 2012 playoff pool was at $13 million, and according to the GoBankingRates report, it has remained the same for the 2013 NBA postseason.
The findings of the investigation expose the category breakdown of the pool, as follows:
- Teams with best record in its conference: $328,078
- Team with best record overall: $347,947
- Teams participating in the first round: $194,016
- Teams participating in the second round (Conference Semifinals): $230,853
- Teams participating in third round (Conference Finals): $381,482
- Winning team in NBA Finals: $2,302,232
Total Team NBA Championship Winnings: $3,784,608
Stacey Bumpus, contributing journalist of GoBankingRates says, “It’s hard to say what Lebron James' salary will be in the 2013-2014 season, but he has argued that his monetary value to the NBA is worth far more than what he’s earning. In fact, he’s argued that his worth is more than the league’s current salary caps.”
Also included in the report is an assessment of the athlete’s endorsement deals, and how they contribute to James’ bottom line.
See the full report on LeBron James’ prospective net worth: http://www.gobankingrates.com/banking/lebron-james-net-worth-after-second-nba-finals-championship/
Note: The report’s calculation divides the total NBA Championship reward funds into 72 parts (counting for Miami Heat’s players, coaches, and other executives) concluding that LeBron James’ estimated winnings are $52,564.
For questions about this report or to speak with a GoBankingRates editor, please use the contact information below.
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Jaime Catmull, Director of Public Relations
Sports Illustrated, “The Fortunate 50,” 2013.
NBA, “2012 Postseason Information Guide,” 2012.