?We Split the Bill at Dinner?: Putting Faith in LeBron James? Financial Brain, Ex NBA Champion Made a Big Revelation on ?Cheap? Teammates in 2018

LeBron James is the one of the richest athletes in the world. Apart from his massive NBA salary, King James has also earned money off the court from endorsements, licensing fees, and various other successful business ventures throughout his 20-season-long career. The Los Angeles Lakers superstar recently became the second NBA athlete after Michael Jordan and the first-ever active NBA player to reach billionaire status in 2022. James’ financial brain is also trusted by his teammates.

Back in 2018, 2016 NBA champion Iman Shumpert stated that he trusted his former Cleveland Cavaliers teammate LeBron James to invest his money. In addition, he also made a huge revelation about his ‘cheap’ teammates.

Iman Shumpert played alongside LeBron James at the Cavaliers from 2015-2018. Shumpert managed to win a championship as James’ teammate in 2016. During a 2018 interview, Shumpert revealed that despite making millions his Cavaliers teammates were quite cautious about how they spent their money. Moreover, James is well-known to be one of the cheapest players in the league. His claim to such reputation stems from refraining to use buy data roaming, apps, or music subscriptions.

Shumpert’s revelation about LeBron James and former teammates

In 2018, Shumpert shared that the four-time NBA champ is quite careful with his cash and kows a few things about the investment market. He said, “If I ever wanted to have someone in the team invest my money, it’d be LeBron.” The 32-year-old believed in James’ business brains and reckoned that he was the only teammate he could trust with his money.

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Further, Shumpert made a huge revelation about his former Cavaliers teammates being cautious with their money. The former Cavaliers guard said, “For as much money as we make, we’re all pretty cheap. We split the bill at dinner. We’re smart about our coins.”

Shumpert suggested that his former teammates thought before throwing away piles of cash like most stars usually do. Instead, they split their dinner bills, watched their expenses, and made smart investments.

James’ financial evolution

LeBron James has evolved unimaginably quickly in terms of his financial status. James was an immediate sensation as he associated with multinational brands like Nike even before entering the NBA. The 18-time All-Star has emerged as the most talented and the highest-paid athlete in the league. He recently signed a 2-year, $97.1 million extension deal with the Los Angeles Lakers.

Meanwhile, James has also made some smart and lucrative investments over the years. Some of his major investments are in the Fenway Sports Group that owns multiple sports franchises, his own production company Spring Hill Entertainment and an athlete empowerment brand, Uninterrupted. Moreover, the Lakers superstar has also been involved in entrepreneurial ventures like Ladder and Blaze Pizza.

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Thus, most of LeBron James’ investments have made him richer over the years and his net worth is expected to soar high even after the end of his NBA journey.