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Essay / How Kobe Bryant Reached an Estimated Net Worth of $500 Million
Retired professional basketball player, Kobe Bryant's net worth is estimated at $500 million. He is considered one of the most talented basketball players in the history of the National Basketball Association, which is not at all surprising considering he is the son and nephew of two former professional basketball players, Joe Bryant and John “Chubby” Cox. respectively. Born Kobe Bean Bryant, the shooting guard turned professional right out of high school and spent his entire 20-year career playing for the Los Angeles Lakers. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an Original Essay During the years he played his professional career, he won five NBA championships in addition to numerous awards and honors. On November 29, 2015, the legend announced to the Players' Tribune that he would retire from basketball at the end of the 2015-16 season. He then played his final game on April 13, 2016, finishing his career with a career-high 60 points in a game that ended with the Laker winning against the Utah Jazz. He also left the scene with millions of dollars in his account, as he was the highest paid player in the NBA for six years before his retirement, but those numbers have increased since then. Currently, Kobe Bryant has a net worth of half a billion dollars and to find out how he earned this huge sum, keep reading. How Kobe Bryant Reached an Estimated Net Worth of $500 Million Kobe Bryant earned his money through his basketball career and through support. offers. Throughout his 20-year career with the Los Angeles Lakers, he earned a total salary of $328,238,062 million and his earnings were the best ever among his teammates. In the final season of his career, he earned $25,000,000, which made him the highest salary in the NBA that year according to Forbes. In addition to basketball, Bryant's has sponsorship deals with major brands like Mercedes-Benz, Turkish Airlines, Nintendo, Sprite. , Coca-Cola, Spalding, McDonald's, Nutella by Ferrero and Nike. He earned approximately $26 million from these deals in 2016 alone, which contributed to his total career earnings of $770 million when he said goodbye to basketball that year. Of all these brands, Nike was Bryant's biggest sponsorship deal. The billion-dollar sportswear giant signed her to a $40 million contract in 2003, just days before her sexual assault allegation became public in 2003. However, unlike McDonald's who released him due to these allegations, Nike remained by his side until the trial. has been settled. Since then, the Bryant-Nike collaboration has been nothing but lucrative, bringing in millions of dollars for both parties. So far, Kobe Bryant's Nike shoes are still selling very well with a retail price of over $100 per pair. Some have even become collectibles worth several thousand dollars on the sneaker market. Although he was counted among the highest-paid players in the NBA for most of his career, Kobe Bryant's business could soon earn him far more than he ever made. on the ground. In 2013, the former basketball player teamed up with entrepreneur Jeff Stibel to create a $100 million venture capital fund named Bryant Stibel. The company aims to provide strategic, operational and financial support to businesses with a particular interest in technology, media and data companies. So, they have.