Advertisement
Money Money Money

Kobe Bryant: How the highest-paid player in the NBA spends his millions

All the cars, houses, and lavish purchases.

KOBE BRYANT IS the highest paid player in the NBA, and the third-highest earning player in league history.

While Kobe has an insane work ethic and at times appears to be completely consumed by the game of basketball, he does find time to enjoy life, including nice houses, fancy cars, and even a helicopter.

He’s living the life — saying and doing whatever he wants in endlessly entertaining fashion.

Let’s take a closer look at how Kobe spends his millions.

He went to high school in the Philly suburbs, but he grew up in Italy. He loves Italian cars


He once walked into a Ferrari dealership and wrote a $329,000 check for a 458 Italia

YouTube

Source: TMZ

He also owns a Lamborghini, Bentley, and Range Rover

YouTube

Source: Pricing Insider

And yet, he's not above eating at Waffle House, as he did with his wife during a recent trip to Atlanta.

He owns three houses that were estimated to be worth $18.8 million in 2012. All of them are in Orange County, California, a lengthy drive from the Staples Center.

Source: Forbes

Kobe sold one of those houses earlier this year for $6.1 million.

RedFin RedFin

Source: Orange County Register

Luckily, he has a helicopter that he typically takes to home games. He says it saves him from sitting in traffic and keeps his body fresh.

ABC7 ABC7

He's pretty generous with his helicopter, too. He once let team-mate Steve Blake use it to go to a doctor's appointment.

web.stagram.com web.stagram.com

Kobe is the third-highest paid NBA player ever, with $280 million in career salary. He trails only Kevin Garnett and Shaquille O'Neal.

Carlos Osorio / AP/Press Association Images Carlos Osorio / AP/Press Association Images / AP/Press Association Images

Despite his declining production, he will still make approximately $26 million in endorsements this year with companies like Nike, Lenovo, Hublot, and Panini.

YouTube / Nike YouTube / Nike / Nike

Source: FORBES

But Bryant started Kobe Inc. in 2013 to become more of a business partner as opposed to the more traditional athlete endorser. The company's first investment was a 10% stake in sports drink BodyArmor.

Danny Moloshok Danny Moloshok

In 2014, Kobe spent $5.8 million to purchase this building in Newport Beach to house the offices of Kobe Inc.

Google Maps Google Maps

Source: Orange County Register

Kobe Inc. has also partnered with Alibaba to produce his documentary "Muse" and to produce and distribute Kobe-branded products in China.

AP / Press Association Images AP / Press Association Images / Press Association Images

Kobe once went all in on a rap career, even enlisting heavyweight hip-hop video director Hype Williams to direct the video for Kobe's first single, "K.O.B.E." The song was not well-received and the video was never released.

lakersruleKB24mvp / YouTube

One good thing came out of that song, as it was during the video shoot that he met his wife, Vanessa.

Alex Brandon / AP/Press Association Images Alex Brandon / AP/Press Association Images / AP/Press Association Images

Source: Fox Sports

Unfortunately, Kobe had to buy his wife a $4 million ring after his sex scandal. It was an 8-karat purple diamond.

AP AP

SOURCE: Yahoo

He was reportedly set to lose $75 million in a divorce, but he and Vanessa worked things out.

TMZ TMZ

Kobe had a strange fashion phase before it was cool to wear strange fashion in the NBA. He appeared in an odd photo shoot for LA Weekly and teammate Metta World Peace (known as Ron Artest at the time) said, "He's a star. He's Kobe Bryant. He can do what he wants."

LA Times LA Times

Source: LA Times

But at games, he still keeps things classy.

TNT TNT

He still has an incredible competitive fire, one where he is willing to put his money where his mouth is. With Team USA in 2012, he challenged Kyrie Irving to a $50,000 game of one-on-one.

YouTube YouTube

Kobe Bryant is still the NBA's highest-paid player, making $25 million this season, but but there won't be any more contracts in the NBA as a player after this one.

@nasnyc @nasnyc

- Tony Manfred and Cork Gaines, Business Insider

Published with permission from
Business Insider
Your Voice
Readers Comments
4
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.