Are you interested in earning tones of money by playing a professional sport? Most of the young minds of the world today are. Then you must choose the sport selectively, yes it should be none other than the National Basketball Association (NBA)’s managed basketball. To add to your knowledge All NBA players are highly paid professionals with not only a high pay but a guaranteed 100% pay contracts. Not only this, but if you after being a NBA player do not play on the opening day due to some injury you will still be allowed to receive your pay check. Isn’t this what you want from all your contracts of playing a professional sport? What matters in the end is the money and what worth can that money makes lend to your image.

To add a cherry to the cake of the professional sport of basketball the tons of money is followed by the longevity of the career the players hold. If one of them is highly talented he would be a pro just after the high school like Kevin Garnet, LeBron James and Kobe Bryant who turned pro well before their 18^th Birthdays. And yes these players definitely earn a huge amount to be played for.

OF all these highly salaried players one of them is Penny Hardaway with a net worth of about 40 million dollars. His major source of wealth is NBA and maintains a vehement fan following by his dedication towards the sports. One of the tallest NBA players with a height of 6 feet 7 inches which is approximately 2 meters and is married to Mary McDonnell. Penny was born as Anfernee Deon Hardaway on July 18, 1971 at Memphis. He weighs approximately 88 kilograms which is approximately 195lbs. Penny is now a retired professional basketball player and before which he has done his education from the University of Memphis.

Penny played as a tall point guard, the duty of a point guard is to make sure that the ball reaches the right person at the right time. He has to make sure that the game is being played according to the coach’s plan and also the role of a point guard can be compared to that of the role of a quarterback in the American football. Orlando Magic is a Southeast division of the NBA’s Eastern conference with notable players like Penny Hardaway, Patrick Ewing, Grant Hill, Vince Career and many more. Penny has played for NBA with Orlando magic and Phoenix Suns. Not only had these he also played for New York Knicks and also for the Miami Heat. Playing with such highly repudiated teams and association’s penny has made his long run to earn a net worth that is worth 40 million dollars.

There is a very interesting story as to why is he called Penny. As a child Hardaway was very close to his grandmother who called him “Pretty” which was converted to “Penny” as it is spoken in the southern drawl. Southern drawl is a type of language where the words are spoken in such a way that it becomes difficult for a foreigner to understand and the tone of the words are quite different than the normal and day to day pronunciations. The love and affinity towards the ball was since his childhood and he pursued a career of basketball in his childhood dream. Initially he began as a referee at the Memphis, his hometown, YMCA and later played on the Junior Olympic basketball team. YMCA is the young men’s Christian Association with more than 140 countries association as a part of the same.

As Penny was a superstar in terms of his games he has a lot of accolades to his career like the NBA Player of the month for November 1995. He has won the 1996 summer Olympics Gold Medal for the United States of America’s Men’s Basketball. He also has the credit of scoring six career Triple doubles that were in five regular and 1 playoff. Not only this his history suggests accolades like National High school player of the year 1990 and also Memphis high School player of the Year awarded in the year 1989 and 1990. These awards and accomplishments have added net worth to his career and a strong sense of his dedication towards work can be seen from this.

Golden State Warriors selected Penny for the first round of 1993 NBA. He continued playing for the NBA after which he worked for Phoenix Suns where he was signed before 1999-2000 NBA Season with a team fellow Jason Kidd. The NBA 2004 playoffs were led by Hardaway when he was the member of the Knicks. In this there were approximately 76 games where the average of the season was 9.2 points. His contract expired on summer 2006 when he landed back to Orlando.

Penny Hardaway has made a major contribution towards the world of Basketball as one of the highly accredited, well known and lovable players with an ardent fan following. He has not only lead the world of youth to follow him as a player but also maintained his net worth of 40 million dollars to be listed as one of the richest National Basketball Association’s players and in return be one amongst the richest people in the world of sports.

In terms of assets, Penny owns nothing in comparison to the Worlds materialistic beings. He has believed in giving back to the work rather than keeping things in terms of cars and big wealthy houses. He also has few restaurants being successfully run under his management and also he has been coaching under 14 basketball players after his retirement.

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Career/Profession: Basketball player

He is the most dominant player on the Basketball court. And being the sportsman of the year in 2012 was just another jewel in the crown for “King James”, as he is popularly called. LeBron Raymone James is a professional Basketball player of NBA. He is also one of the highest paid athletes in the world with a net worth of over $120 million.

LeBron James

James was born on 30^th December 1984 in Ohio. He came from a humble background. But that did not stop him from becoming one of the greatest Basketball players in the history. Life was a struggle for his family; so for a better life, his mother allowed him to move in with the family of a local youth coach. This is when he was introduced to Basketball, at the age of 9. From then there was no looking back…

PATH TO SUPERSTARDOM

LeBron James started by playing for Amateur Athletic Union (AAU) in his youth and enjoyed success at local and national level. He was already a local celebrity by the time he was in high-school. He became Ohio’s Mr. Basketball. James continued his form through High-school and into his professional career. He was selected by Cleveland Cavaliers when he was 19; so he skipped college to get into NBA. At the same time he signed a $90 million endorsement deal with Nike. In 2006, James signed a contract extension worth $60 million to be with the Cavaliers through the 2009-10 seasons. When the contract ended in 2010, he shifted to Miami Heat.

LeBron James’ basketball salary is $19 million per year but he brings in over $39 million per year in endorsements. During his first nine seasons in the NBA LeBron James earned just over $92 million in salary alone. His peak salary year so far has been the 2011-2012 season with the Miami Heat when he earned $16.02 million. In 2013, he surpassed Kobe Bryant as the highest paid basketball player in the world with earnings of $56.5 million.

He is in ad campaigns for some big companies like McDonald’s and Samsung. He also has a deal with Nike. The company signed him to a 7-year, $93 million deal right out of high school. As per Forbes estimates, he has also added $111 million to Miami Heat’s owner Mickey Arison’s net worth since he has joined the team.

Apart from Basketball, James has an interest in football too. He owns a piece of Liverpool FC soccer team. Even Warren Buffet had appreciated him, “He’s savvy. He’s smart about financial matters. It’s amazing to me the maturity he exhibits…If LeBron were an IPO, I’d buy it…At 21, I wasn’t even remotely as mature as LeBron.” Any more testimonials needed?

All the dribbling has paid off and it lets LeBron James enjoy a sweet life. He has amassed some luxurious houses, cool cars and an enviable wardrobe.

THE LUXURIOUS HOUSES

-          Coconut grove mansion: LeBron James has a 6 bedroom mansion in Coconut grove. Among other luxuries, this mansion has space to dock two yachts! It’s a three-story mansion overlooking Biscayne Bay. He bought this place in 2010 for $9 million. Apart from the grandeur of the house itself, there are other celebrities in the neighborhood to look out for.

-          Ohio mansion: this is the $2 million mansion in Akron, Ohio. It is the native place of James. Apart from the 11 bedrooms, a theatre, bowling alley and a casino; a two-storey walk-in closet is the most striking feature of the house.

HIS PASSION FOR CARS IS VERY EVIDENT

LeBron with his car

It is nothing new for sports stars to have luxurious and sports car. But LeBron James goes a little further. He owns a fleet of super-duper and obviously expensive cars. From Ferrari F430 Spider, Porsche Turbo, and Chevrolet Camaro SS to Maybach 57S, Dodge challenger SRT, Mercedes Benz S63 AMG and Hummer H2 – he owns them all! He also has an Orange jeep.

PHILANTHROPY

The LeBron James Family Foundation (LJFF) was established in 2004 by Lebron and his mother Gloria to help out children and single-parent families in need.

Lebron has also been supporting many charitable organizations including Boys and Girls Clubs of America. Before his switch to the Miami Heat, he donated the proceeds of his hour- long interview to Boys and Girls Clubs of America, the amount totaled to over $2 million.

Apart from the many charities he donates to, LeBron promotes sports by donating sports gear and charities to gyms. Also, he had donated $ 20,000 in 2008 to committee which supported Barack Obama’s election campaign.

LeBron James with his family

CONTROVERSIES

LeBron James is as controversial as he is famous. This is bound to happen when you are in spotlight 24×7. He was criticized passionately by fans all over the world when he moved from Cavaliers to Heat in 2010. This was his most controversial move. He announced this shift on television, through a show called “The Decision.” Cleveland fans renounced him. His jerseys were burnt. Even the fans outside Ohio condemned him for being a traitor to the home team and moving to an All-star team. But obviously it was a good decision for himself and Miami.

LeBron has proven over the years that he is the most marketable athlete in the world and he accepts this fame with open arms.

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