American basketball player Kobe Bryant, who played for the Los Angeles Lakers of the National Basketball Association (NBA), passed away on April 13, 2019. (2000–02 and 2009–10). Kobe Bryant’s net worth is a staggering $600 million, proving that he has graduated from being a player to an icon. The legendary basketball player, who has since passed away, was not only one of a kind but also an inspiration to countless fans.
What is the Net Worth of Kobe Bryant?
American professional basketball player, producer, philanthropist, and businessman Kobe Bryant has passed away. Kobe Bryan was worth $600 million when he passed away. Sadly, Kobe Bryant perished in a helicopter accident on January 26, 2020. Kobe Bryant won five NBA titles and was named the Most Valuable Player of the NBA Finals twice while also named an NBA All-Star 18 times.
Even after retiring, Kobe was one of the highest-paid athletes. Kobe’s career earnings were in the hundreds of millions of dollars, thanks to his salary and endorsement deals. When it came to investing, he was brilliant. His $200 million stock share in BodyArmour, a sports drink company, was worth it when he passed away. Only six years prior, he had forked over $6 million to purchase a stake in the company. Coca-Cola paid $5.6 billion in October 2021 to buy outright ownership of BodyArmour.
The Early Life of Kobe Bryant
Basketball superstar Kobe Bryant entered the world on August 23, 1978, in Philadelphia, Pennsylvania. Joe Bryant Sr. played for the Philadelphia 76ers, and he followed in his footsteps. His parents choose the name Kobe after seeing a dish with Kobe steak on a table in Japan. When Kobe was six, his father, Joe, left the NBA to play in Italy’s Serie A. Kobe is fluent in Italian. Kobe would travel back to the United States to play in summer basketball leagues throughout his preteen years. Upon Joe’s retirement from football, he and his family relocated back to Philadelphia, where he enrolled at Lower Merion High School.
Kobe Bryant was a high school basketball star who helped his team win its first state title in 53 years. He was immediately recognized as the best male basketball player in the country by Gatorade and the first All-American team by USA Today. Kobe’s SAT score would have qualified him for scholarship offers at numerous universities, but instead, he went directly to the NBA. Kobe was the youngest player ever selected in an NBA draft.
Salary And Career Earnings of Kobe Bryant
Kobe Bryant set a record for a single player, earning slightly over $328 million in pay throughout his NBA career with the Los Angeles Lakers. Among the other significant NBA contracts is a three-year, $90 million deal signed in 2010. Two years and $48.5 million later, he signed an extension in 2013. Kobe made $25 million in his final season in the NBA.
Endorsement money brought in almost $350 million for Kobe during his career. That added $680 million to his lifetime earnings.
He was heavily sponsored by brands including Nike, Sprite, McDonald’s, Turkish Airlines, Lenovo, Hublot, and Panini. Because of his immense popularity there, Kobe got multimillion-dollar endorsement deals with Chinese firms like Alibaba, Sina.com, and Mercedes-Benz.
He was under Adidas’ sponsorship for the first several years of his career. Before the 1996 season, he signed a six-year, $48 million contract with Adidas.
Due to the sexual assault charges against him in 2003, Kobe lost many sponsorship opportunities. A notable outlier was Nike, who signed him that same year to a $42 million contract, or $10 million per year, over four years. And yet, for two years, Nike did not feature Kobe in any of their sponsorship materials.
Eventually, endorsement deals picked back up where they left off.
Kobe Bryant: Personal Life
Kobe and Vanessa Laine, only 17 then, tied the knot in November 1999. She was a background dancer in a music video where they first crossed paths. At the same time, he was recording his first album in a studio. Within six months of their initial encounters, they were married. Currently, she is a senior in high school.
On April 18, 2001, in Dana Point, California, Kobe and Vanessa tied the knot. As a result of their alleged disapproval of the union, Bryant’s parents chose not to attend their son’s wedding.
Natalia Diamante Bryant was born on January 19, 2003, and Gianna Maria-Onore Bryant arrived on May 1, 2006. Four girls joined their family in the end. Bianka and Capri are their other two daughters.
Vanessa Bryant filed for divorce on December 16, 2011, after being married for 10.5. Since neither of them had bothered to get a prenup, he might have to pay between $100 million and $150 million to Vanessa in case of a divorce settlement. The two were able to make up after some time.
How Did Kobe Bryant Die?
On January 26, 2020, at 41, Kobe Bryan was killed in a helicopter accident, which was a complete and utter shock to the basketball world. The crash also claimed the lives of eight more persons. Kobe’s daughter Gianna, who was 13 then, was also a casualty.
In case you find this information helpful, then view our website. I recommend adding journalization.org to your bookmarks because its content is frequently updated with fresh insights.