How does LeBron James' net worth compare to other LA Lakers legends such as Shaquille O'Neal, Magic Johnson, and more?
LeBron James' net worth has been a very popular topic this year. The LA Lakers forward joined the billionaire club a few months ago, becoming the first active NBA player to achieve this impressive feat.
The 20-year NBA veteran is one of the highest-paid players in the league. He mostly signs short-term contracts that allow him to opt out and sign new deals when the salary cap increases.
This article will compare LeBron James' net worth to other LA Lakers legends, including Shaquille O'Neal and Magic Johnson.
LeBron James' net worth compared to Shaquille O'Neal
Shaquille O'Neal and LeBron James played together for the Cleveland Cavaliers. At that point, Shaq was past his prime and was a shell of his former self. However, he was a beast with the Lakers.
During his tenure in the City of Angels, O'Neal won three championship rings and established himself as one of the most dominant centers in NBA history.
In 2022, LeBron James' net worth is estimated at slightly more than $1 billion. Shaquille O'Neal is also very successful with a net worth of $400 million.
Not only is Shaq one of the most popular basketball legends, but he's also a savvy businessman. O'Neal owns a lot of businesses and earns approximately $60 million per year.
Magic Johnson is one of the most successful former Lakers
Magic Johnson and LeBron James are very similar in terms of their skills. Both players are point forwards who are capable of playing in just about any position on the floor.
Johnson's career was cut short, but he still achieved a lot during it. The 6-foot-9 playmaker led the NBA in assists per game four times and in steals twice. He won five championships and two MVP awards.
While LeBron James' net worth is very impressive, Johnson is also relatively close to joining the billionaire club. If he keeps making good investments, he could join it within a decade.
As of November 2022, Magic Johnson's net worth is estimated at $620 million. Magic Johnson Enterprises, his business empire, is valued at over $1 billion.
Kareem Abdul-Jabbar's net worth in 2022
Kareem Abdul-Jabbar and LeBron James have some similarities as well. Despite playing at different positions, both have achieved a lot of success and are at the top of the NBA's all-time scoring list.
James is very close to surpassing Abdul-Jabbar and will likely do so at some point during the 2022-23 season.
During his impressive NBA career, the 7-foot-2 center won six championship rings and as many MVP awards. Thanks to his incredible scoring skills, Abdul-Jabbar also became the league's all-time leading scorer.
In 2022, Abdul-Jabbar's net worth is estimated at $20 million. The LA Lakers legend had a lot of financial struggles during his career and even lost a lot of money due to some bad moves by his business manager. Fortunately, he's recovered most of it.