LeBron James,known for both  his generous philanthropy and extravagant lifestyle, showcased his latest luxury acquisition—a six-figure timepiece! This display of opulence came just as Olympic athletes were in the spotlight for their struggle with inadequate daily stipends, which amounted to a mere $68 per day. The juxtaposition of LeBron’s lavish lifestyle against the backdrop of these athletes’ financial challenges set the stage for a thought-provoking conversation on wealth and sports.

James flaunted his Richard Mille Flyback Chronograph RM 11-03 watch worth over $370,000 and it’s limited to 150 pieces. The watch is a combination of luxury and advanced horology with its 18-karat rose gold and titanium case, measuring 49.94 x 44.5mm. It features the automatic winding caliber RMAC3 movement, offering approximately 55 hours of power reserve and 50 meters of water resistance.

The watch also showcases a skeleton dial that highlights its intricate mechanism, protected by a sapphire crystal caseback. It includes an annual calendar, big date, and flyback chronograph functions, all secured with a durable rubber strap, embodying a blend of sophistication and high-performance engineering. Well, all this feature makes it worth $370,000.

However, the King’s display of his wealth, comes at a time when Olympic athletes receive a daily stipend of $68 on average—an amount that barely covers their basic needs.

According to a report, Olympians don’t have a regular salary. In many cases, Olympians depend on medal bonuses. In the US, athletes receive $37,500 for winning a gold medal, $22,500 for a silver medal, and $15,000 for a bronze medal.

There are perks to being one of the greatest athletes of modern sports. Moreover, LeBron’s passion for luxury watches is well known. The report notes that this figure varies depending on the country and some countries pay their medal-winning athletes close to nothing! This figure also depends on the name and brand of an individual athlete. While stars like LeBron or Simone Biles earn millions in sponsorship, most athletes earn less than $25,000 a year. Many of these athletes often rely on part-time or full-time jobs, family support and even crowdfunding to just to make ends meet and support their training.

When it comes to LeBron, his name is already a brand. From starring in movies to having lucrative partnerships with Nike and even having stakes in a pizza company and a soccer club, LeBron has emerged as an entrepreneur as well.

Inside LeBron James’s luxury watch collection: Rolex Sky-Dweller, Patek Philippe Nautilus & more

LeBron James’s collection of watches reflects his sophisticated taste and love for horology, featuring some of the most prestigious timepieces globally. The Rolex Sky-Dweller he owns is remarkable, blending advanced features with a unique aesthetic. With its dual time zone, annual calendar, and rotating bezel, the Sky-Dweller is a practical and luxurious timepiece. With a 42mm case and a movement that exudes precision and elegance, the watch is truly impressive.

The Rolex Day-Date II “President” is another standout, known for its elegant and lavish design. With its 41mm case and signature President bracelet, this watch exudes prestige. It displays the day of the week and date in a beautifully crafted dial, embodying timeless sophistication and authority.

LeBron’s impressive collection also features stunning Patek Philippe watches, like the Nautilus and the 6102R Celestial. The Nautilus boasts a 40mm case and an automatic movement, complemented by its iconic design and sporty elegance. The 6102R Celestial is distinctive for its intricate astronomical features, such as a moon phase display and a star chart, all enclosed in a rose gold case. These watches highlight LeBron’s appreciation for both style and advanced watchmaking but also reflects the financial struggles of Olympic athletes serves as a poignant reminder of the vast income disparities within the sports world.

Before you go, do not forget to check out this crossover between BG12 and Georgia Bulldogs star Asia Avinger