Kobe Bryant Net Worth: What is the Net Worth of NBA Star Kobe?

Besides being an NBA star, Kobe Bryant was also a successful film producer, philanthropist, and businessman. At the time of his death, Kobe Bryant was worth an estimated $600 million. On January 26, 2020, Kobe Bryant was tragically murdered in a helicopter crash. Two-time NBA Finals MVP and an 18-time NBA All-Star Kobe Bryant.

Even after he retired, Kobe remained one of the highest-paid athletes in the world. It is safe to say that Kobe Bryant’s net worth as a basketball player and as a sponsor has topped $1 billion. He put a lot of money into the future of his business. At the time of his death, he held a stake in the beverage BodyArmor, which was worth $200 million. Six years ago, he made a $6 million investment. BodyArmour was purchased by Coca-Cola in October 2021 for $5.6 billion.

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If Kobe Bryant were still alive, how much money would he be worth today?

At the time of his death, Kobe Bryant was estimated to be worth more than $600 million. That sum includes the pre-tax value of his investment in BodyArmour.

By the time Coca-Cola purchased BodyArmor entirely for $8 billion in October 2021, the Bryant family’s interest in the company had been reduced to only 5%. Before taxes, the acquisition of this property brought in $400 million for the estate. Even after taxes, that amounted to a little over $270 million. If Kobe had been alive at the time of this arrangement, his fortune would have risen from $600 million to $670 million. Despite the fact that this may not seem like much of a gain, it takes into account a $200 million rise in BodyArmor’s value and a $130 million tax savings. To begin 2022, Kobe Bryant’s net worth would have been $700 million if past deals and transactions went his way.

INFORMATION THAT IS NECESSARY

  • The NBA brought approximately $328 million in revenue.
  • Revenue from sponsorships totaled $3.5 billion.
  • During the year 2014, BodyArmor received a $6 million funding injection.
  • As of August of last year, this stake was worth $200 million.
  • In October of 2021, the estate of Kobe Bryant sold its BodyArmor stake for $400 million.

Infancy: Kobe Bryant

On August 23, 1978, Kobe Bryant was born in Philadelphia, Pennsylvania. His father, Joe Bryant, was a former player with the Philadelphia 76ers. A taste of Kobe steak in a restaurant inspired their decision to name their son after it. In the years following his retirement from the NBA, Joe moved to Italy with his family and played in a European league till the age of six. Kobe has a good command of Italian. Basketball leagues in the United States attracted Kobe when he was a preteen. Relocating to Philadelphia when Joe’s playing career ended, the family attended Lower Merion High School before Joe graduated.

With Kobe’s leadership as a student-athlete, his team won its first state championship in 53 years. The USA Today All-American team and Gatorade honoured him Men’s National Basketball Player of the Year this year, respectively. After receiving multiple scholarship offers from colleges and universities because of his high SAT score, Kobe ultimately chose to enter the workforce instead. Kobe is the NBA’s first-ever draught choice at the age of 21.

NBA

The Lakers acquired Kobe Bryant from the Hornets in the first round of the draught in a pre-arranged deal. Because Kobe was just 17 at the time, his parents had to sign his rookie contract. His first professional contract was a three-year, $3.5 million NBA deal.

Kobe Bryant became the NBA’s youngest ever starter at the age of 18. He really began to flourish at the end of his third season with the squad. It wasn’t long before comparisons to Michael Jordan and Magic Johnson began to fly in his direction.

In addition, he signed a $70 million, six-year contract after his third season of eligibility. During the 1999 season, the Los Angeles Lakers hired Phil Jackson to be their head coach. During Jackson’s time with the Lakers, which included five NBA titles, the team would be captained by Kobe Bryant. Since 2000-2002 were three consecutive years.

Kobe Bryant Net Worth When He Was A Worker

During his time with the Los Angeles Lakers, Kobe Bryant earned over $328 million in compensation. Another huge NBA contract signed in 2010 is a three-year, $90 million agreement. In 2013 he signed a two-year $48.5 million contract deal. During his final NBA season, Kobe Bryant was compensated with $25 million.

Kobe Bryant made about $400 million in endorsement payments throughout the course of his career. Throughout total, he’s made $680 million in his professional life.

Sprite, McDonald’s, Turkish Airlines and Lenovo were just a few of the well-known companies who sponsored him. Growing Chinese interest in Kobe has led to lucrative sponsorship arrangements with Chinese-specific companies like Alibaba.com and Mercedes-Benz.

While with Adidas, he spent the first few years of his career. With Adidas, he agreed to a six-year contract for $48 million prior to the 1996 season

Several of Kobe’s sponsorship deals were terminated as a result of the 2003 sexual assault accusations against him. Conversely, in the same year, Nike signed him to a four-year, $10 million-per-year contract. There were no Nike marketing materials featuring Kobe during the first two years of his career.

An endorsement deal was back in full force in no time.

Buying BodyArmor is a wise investment.

It was in March of this year when Kobe purchased a 10% stake in sports drink BodyArmour for $6 million.

In August, Coca-Cola paid $2 billion for a 15% stake in BodyArmor. As a result, Kobe’s $6 million investment was worth $200 million before taxes. Coca-Cola eventually gained a 15 percent stake in the company after taking control of bottling and distribution.

At the end of October 2021, Coca-Cola paid $5.6 billion for the remaining 70% of BodyArmor, valuing the business at $8 billion dollars. It was a $400 million windfall for Kobe’s estate because Kobe’s shareholding had been reduced to 5 percent at the time of the transaction.

He has won two Olympic gold medals outside of the NBA.

Devoted Basketball won Kobe an Academy Award as the best short animated film of the year in 2018.

There’s a Stibel, Bryant (Bryant)

Byrant-Stibel, the venture capital firm that Kobe and his business partner Jeff Stibel founded in August of 2016, had raised $100 million as of that date. The fund’s primary objective is to invest in media, technology, and data-related companies. Companies including The Players Tribune, LegalZoom, Juicero, and the video game company Scopely have all received investments from Jeff and Kobe.

Kobe Bryant

A Day at the Office

A 17-year-old high school sweetheart, Vanessa Laine, became Kobe’s wife in November of 1999. They met during a music video production, when she was doing some background work.. He was also in the studio working on his debut album. After just six months of dating, they decided to be married. She was a senior in high school at the time.

Kobe and Vanessa were married on April 18, 2001, in Dana Point, California. Because of their disapproval of their son’s and daughter’s relationship, Bryant’s parents allegedly declined to attend the wedding.

There were two children born in 2003: Natalia Diamante Bryant and Gianna Maria-Onore Bryant. It was only natural for them to have four daughters, all of whom were born within the same calendar year. Their other daughters are named Bianka and Capri.

Vanessa Bryant filed for divorce on December 16th, 2011, after a marriage of 10.5 years. If they hadn’t signed a prenuptial agreement, Vanessa’s divorce settlement may have cost him $100-150 million. In the end, both of them made it.

Death

In a shocking turn of events, 41-year-old Kobe Bryan died in a helicopter crash on January 26, 2020. Eight other people were killed as a result of the crash. The incident also claimed the life of Kobe’s 13-year-old daughter, Gianna.