Topic > 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 among the most talented basketball players in the history of the National Basketball Association and this is not at all surprising considering the fact that he is the son and grandson of two former professional basketball players, Joe Bryant and John "Chubby" Cox respectively. Born Kobe Bean Bryant, the shooting guard turned pro 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 Shouldn't Be Banned"? Get an Original Essay Over the years of his professional career, he won five NBA championships as well as numerous awards and recognitions. On November 29, 2015, the legend took to the Players' Tribune to announce that he would be retiring from basketball at the end of the 2015-16 season. He subsequently played his final game on April 13, 2016, finishing his career with a season-high 60 points in a game that ended in the Laker victory over 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 the numbers have since risen. Currently, Kobe Bryant has a net worth of half a billion dollars and to find out how he earned this huge sum, read on. How Kobe Bryant Reached an Estimated Net Worth of $500 Million Kobe Bryant earned money from his basketball career and endorsement deals. During 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 of all time 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 top brands such as Mercedes-Benz, Turkish Airlines, Nintendo, Sprite, Coca-Cola, Spalding, McDonald's, Ferrero's Nutella and Nike. He earned approximately $26 million from these deals in 2016 alone and that 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 largest endorsement deal. The billion-dollar sportswear giant signed him to a $40 million contract in 2003, just days before his sexual assault allegations became public in 2003. However, unlike McDonald's which released him due to the allegations, Nike remained by his side until the case. it has been resolved. Since then, the Bryant-Nike collaboration has been nothing but profitable, bringing in millions of dollars for both parties. So far, Nike Kobe Bryant shoes continue to sell strongly with a retail price of over $100 per pair. Some have even become collectors' items worth several thousand dollars on the sneaker market. Although he has been counted among the highest-paid players in the NBA for much of his career, Kobe Bryant's activities may soon earn him much more than he has ever earned. in the field. In 2013, the former basketball player teamed up with entrepreneur Jeff Stibel to create a $100 million venture capital fund called Bryant Stibel. The objective of the initiative is to provide strategic, operational and financial support to companies with a particular interest in technology, media and data companies. Therefore, they have invested in more than 15 companies, some of which are The Players Tribune, Scopely, Legal.