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Learn what smart moves LeBron has made that are very different from other successful pro athletes, high-paid actors and lottery winners. Congratulations to the Cleveland Cavaliers for winning the 2016 NBA Championship! I’ve been reading about LeBron James and what a smart businessman he is. I have to agree. 1. He knows a good deal when he sees one. LeBron signed a contract right out of high school. Under the NBA's collective bargaining agreement, he signed a 3-year deal worth a maximum $12.96 million. 2. He keeps his options open. “Next year, LeBron is expected to have the highest salary in the NBA for the first time in his 13-year career. He knew this in 2014, which is why he became the first megastar player to take a one-year contract (with a one-year player option) in the midst of his prime, and why he did the same this past summer, positioning himself to cash in on the upcoming salary-cap spike.” 3. He takes equity positions. When a headphones company called Beats came to him in 2008 looking for marketing