LEBRON JAMES: How the king of the NBA and the new king of Los Angeles spends his millions

Business Insider -

Business Insider—Christian Petersen/Getty Images On the court, LeBron James has won four MVPs, three NBA championships, and is the sixth-highest-paid player in league history. He is also the latest NBA legend to join the Los Angeles Lakers as he has agreed to a four-year, $153.3 million contract as a free agent. Off the court, James is equally relentless. In late 2015, James signed a lifetime endorsement deal with Nike worth more than $1 billion — a move that was so big it is more like the merger of two...

How LeBron James makes and spends his millions. LeBron James just signed a four-year, $154 million deal with the Los Angeles Lakers, adding to his already massive earnings. Here's how the King makes and spends his money.This video was originally published June 22, 2016 See Also:RANKED: All 16 of LeBron James' teams through his career — including his new Lakers squadThe Cavs are making a massive $145 million commitment to Kevin Love, and it appears to throw water on a possible post-LeBron pathThe Lakers reportedly have their own version of the...