L.A. Lakers’ Kobe Bryant Is The Richest In The NBA

L.A. Lakers' Kobe Bryant Is The Richest In The NBALeBron James still has some work to do. According to a Report from Wealth-X.com (via Eric Pincus of the Los Angeles Times), Kobe Bryant has the highest net worth in the NBA. The Black Mamba is estimated to be worth a whopping $220 million.

‘Lakers mogul’

Endorsements with Nike, Coca-Cola, Turkish Airlines, Mercedes-Benz, Lenovo, Panini and Hublot have helped Kobe amass a fortune greater than any other superstar in the Association. A global reach, specifically in China, has also aided in the creation of the Los Angeles Lakers mogul.

Rounding out the league’s top five richest players are Kevin Garnett ($190 million), LeBron James ($130 million) and Ray Allen and Tim Duncan ($100 million).


‘Obscenely rich’

If you remember, LeBron had hoped to become a billion-dollar athlete upon entering the league. A $130 million net worth certainly isn’t chump change, but he’s got some ground to cover. Catching Kobe will have to be first on his list. Bryant is worth nearly $100 million more than LeBron. He’s been in the league almost twice as long as The King, but that’s still an impressive figure.

In truth, LeBron’s earnings don’t really matter much—Kobe is going to remain obscenely rich either way. No matter when he retires or what he does when he finally walks away, we’ll always know that the stacks of cash under Kobe’s mattress are far bigger than ours.

Well, in terms of wealth, do you think LeBron James will be able to top Kobe Bryant in the next couple of years? And just to push it — who do you think is the better basketball player between the two?

Source: Dan Favale | Bleacher Report

Image: Johnathaninio

Boston Celtics To Trade Kevin Garnett And Paul Pierce To Brooklyn Nets

Boston Celtics To Trade Kevin Garnett And Paul Pierce To Brooklyn NetsAccording to ! Sports’ Adrian Wojnarowski and ESPN’s Chris Broussard, Kevin Garnett has waived his no-trade clause and the Boston Celtics will send Garnett, Paul Pierce and Jason Terry to the Brooklyn Nets for a package that includes Kris Humphries, Gerald Wallace and future first-round draft picks.  SNYNets states that the blockbuster trade won’t be official until July 10.

‘Looking to rebuild’

Boston already dealt former head coach Doc Rivers to the Los Angeles Clippers, a move that was finalized this week and noted in a Los Angeles Times piece from Broderick Turner.

Pierce ($15.3 million owed in 2013-14) and Garnett ($24.4 million owed over next two seasons) helped the Celtics win their 17th NBA championship in 2008, but now represent huge salary cap figures for a team looking to rebuild.


‘Impact players’

The Nets own the No. 22 pick in the 2013 NBA draft and have been no stranger to trading away draft picks for impact players in the past. When they acquired Williams from the Utah Jazz in 2011, the Nets parted with two future first-round picks, point guard Devin Harris and the No. 3 pick from that year’s draft, Derrick Favors.

If a deal was to come to fruition, it would likely include the Nets’ No. 22 pick so Boston could maximize this year’s draft while giving up two future Hall of Famers.  Pierce (18.6) and Garnett (14.8) were Boston’s two leading scorers in the 2012-13 regular season. Garnett also led the team in rebounding (7.8).

Humphries is entering the final year of a two-year contract he signed with the Nets last summer. He will make $12 million during the 2013-14 season. Wallace, on the other hand, is signed through 2016 and is owed over $30 million over the final three years of his deal.

The trade for Kevin Garnett and Paul Pierce — which team do you think will benefit from it the most? Boston Celtics or Brooklyn Nets?

 

Source: Ethan Grant | Bleacher Report

Image: The International Business Times