Wembanyama Criticizes LeBron James' $15M Deal, Citing 'Sadness' Over Gambling Promotion
The San Antonio Spurs star vows never to endorse sports betting or prediction markets, contrasting his values with those of other NBA players.
Victor Wembanyama has publicly expressed his disapproval of endorsement deals involving sports betting and prediction markets, specifically referencing LeBron James' recent $15 million-a-year agreement with Polymarket. Wembanyama stated that he finds it "very sad" to see athletes promote such ventures and asserted that he "will never" do the same.
James' deal with Polymarket, a prediction market company, was reported by Front Office Sports to be worth $15 million annually, a figure significantly higher than his reported $3.8 million salary with the Philadelphia 76ers for the 2026-27 season. James is not the only NBA star to engage with the sports betting and prediction market industry; Kevin Durant is affiliated with FanDuel and an investor in Kalshi, which also counts Giannis Antetokounmpo as a shareholder.
However, the San Antonio Spurs player Wembanyama conveyed a strong stance against such partnerships. "Absolutely not. I will never do that," Wembanyama told reporters when asked about promoting these companies. "Everybody does whatever they want, but without me."
When discussing his criteria for endorsement deals, Wembanyama emphasized that financial considerations are no longer his primary motivation. "Even if I said that, I've refused plenty, much, much more money than I've made for things that were not [in line with] my values," he said. "And now, I want to promote things that have a good impact, have a good influence with who I can share messages and values. ... Our biggest strength is inspiring. I want to inspire in a good way."
Wembanyama has previously demonstrated a commitment to his values by turning down lucrative offers from soda brands due to their perceived unhealthy impact. His agent, Jérémy Medjana, told The Athletic that Wembanyama would "never sell soda" because "he doesn't want to kill the kids."
NBA Commissioner Adam Silver has noted Wembanyama's focus on basketball. "I think what Victor understands is not to be distracted by all of the fanfare around his career," Silver commented to The Athletic. "Because he will be defined by championships, not by commercial opportunities or the platform he has to speak out on issues he cares about."
James' involvement with Polymarket has drawn criticism, with some of his own past comments resurfacing. In November 2023, James remarked on the impact of gambling on the game's integrity, stating, "It's kind of taken some of the integrity out of the game. It's weird that some of our regular fans that love the game kind of only care about a parlay now."
While James' deal is reportedly focused exclusively on football, avoiding direct conflict with his NBA career, Wembanyama's sentiment indicates a clear divergence in approach among NBA stars regarding commercial partnerships.