Kobe Bryant Net Worth : How Rich Was Kobe Before Death? What Would Kobe Bryant’s Net Worth Be Today?
Kobe Bryant was born in Philadelphia, Pennsylvania on August 23, 1978. Joe Bryant, his father, was a former Philadelphia 76ers player. His parents named him after a famous steak from Kobe, Japan, that they had seen on a restaurant menu.
Joe quit the NBA when Kobe was six years old and moved the family to Italy, where he continued to play in a European league. Kobe has a good command of the Italian language.
Kobe would come to the United States over the summers as a pre-teen to play in basketball summer leagues. Joe and his family moved back to Philadelphia when he stopped playing completely, where he attended Lower Merion High School.
|Birth||August 23, 1978 , in Philadelphia, Pennsylvania|
|Genre||Former Philadelphia 76ers player|
|Death||January 26, 2020|
|Net Worth||$25 Million|
Kobe Bryant’s Career!
Kobe was a standout basketball player in high school, leading his team to their first state title in 53 years.
He was voted Gatorade’s Men’s National Basketball Player of the Year and a first-team All-American by USA Today.
Kobe’s SAT score was good enough to get him into numerous institutions with a scholarship, but he chose to go pro instead. Kobe Bryant is the youngest player in NBA history to be picked.
What Would Kobe Bryant’s Net Worth Be Today?
Kobe Bryant’s net worth was $600 million at the time of his death. His BodyArmour investment was worth $200 million before taxes, according to that figure.
The Bryant estate’s equity had been reduced to 5% by the time Coca-Cola purchased 100% of BodyArmour at an $8 billion price in October 2021.
As a result of this deal, his estate earned $400 million before taxes. That came to roughly $270 million after taxes. If Kobe had been living at the time of the deal, his net worth would have risen from $600 million to $670 million.
That may not appear to be a significant rise, but it takes into account a $200 million increase in the BodyArmour valuation as well as a $130 million tax reduction.
With other acquisitions and transactions, it’s safe to conclude that Kobe Bryant would have begun 2022 with a net worth of $700 million in a different universe.
Kobe Bryant’s Salary And Earnings Throughout His Career!
Kobe Bryant made just over $328 million in salary alone throughout his NBA career with the Los Angeles Lakers. A three-year, $90 million agreement agreed upon in 2010 was another big NBA contract.
He signed a two-year, $48.5 million deal in 2013. Kobe Bryant was paid $25 million in his final NBA season.
During his career, Kobe earned almost $350 million in sponsorships. This boosted his total earnings in his career to $680 million.
Nike, Sprite, McDonald’s, Turkish Airlines, Lenovo, Hublot, and Panini were among his most well-known sponsors.
Because of his popularity in China, Kobe was able to strike lucrative Chinese-specific endorsement deals with firms such as Alibaba, Sina.com, and Mercedes-Benz.
For the first several years of his career, he was signed to Adidas. His Adidas contract was worth $48 million over six years and was inked before the 1996 season.
Following his sexual assault claims in 2003, many of Kobe’s sponsorship deals were discontinued. Nike, on the other hand, signed him to a four-year agreement worth $10 million per year the same year. For the next two years, Nike did not use Kobe in any sponsorship activity.
Kobe Bryant’s Investment in BodyArmour!
Kobe paid $6 million for a 10% stock share in sports drink BodyArmour in March 2014.
Coca-Cola bought a 15% share in BodyArmor in August 2018, valuing the company at $2 billion as a whole.
On paper, this meant that Kobe’s $6 million investment was worth $200 million before taxes. After taking over bottling and distribution, Coca-Cola received an extra 15% equity stake.
Coca-Cola purchased the remaining 70 per cent of body armour for $5.6 billion in October 2021, valuing the brand at $8 billion.
Kobe’s interest had been cut to 5% at the time of the acquisition, therefore his estate received a $400 million windfall from the deal.