Sunday, January 27, 2008

BLACK ATHLETES TOP FORBES YOUNG AND RICH LIST

Forbes Magazine recently announced their "20 Under 25: The Top Earning Young Superstars" and all of the black people in the top 20 are male athletes who are also in the top 10!
#1. LeBron James, $27 million Born: Dec. 30, 1984
In addition to his collection of All-Star MVP and Rookie of the Year titles, LeBron James, the likable forward for the NBA's Cleveland Cavaliers, can cram another honorific on his crowded mantelpiece. King James--as he is known by his army of fans--tops Forbes' 20 Under 25 list of the Top-Earning Young Superstars, thanks to the $27 million he banked between June 2006 and June 2007.

That paycheck could be the low-end of James' earning potential. James, who turns 23 on Dec. 30, is primed to outpace Los Angeles Laker Kobe Bryant, 29, as the highest-paid player in the NBA this year, thanks to a rich new four-year $60 million contract that has the Cavs paying him $13 million his first year. Endorsement deals with Nike (nyse: NKE - news - people ), Coca-Cola (nyse: KO - news - people ) and Upper Deck, among others, easily eclipse his on-court salary.

#2. Reggie Bush, $24 million Born: March 2, 1985

Bush entered the NFL last year with a Heisman Trophy and a scintillating game that had companies lining up to have him sponsor their products. Deals with Adidas, Subway, Pepsi and EA Sports net Bush $5 million annually. His big money comes from his contract with the New Orleans Saints, spanning six years and worth as much as $62 million. Last year Bush earned $19 million in base salary and bonuses from the deal.

#9 Carmelo Anthony, $10 million Born: May 29, 1984

Anthony took his game to a new level last season as he finished second in the NBA in scoring to Kobe Bryant. He averaged career highs in points, assists, rebounds and steals. This year Anthony kicked off a five-year, $80 million contract with the Denver Nuggets that he signed in the summer of 2006. His biggest endorsement deal is a six-year contract he signed with Nike when he entered the league in 2003, worth $3 million annually

Source Forbes Magazine More>>>

Related Links 1 2 3 4

No comments: