A sealed bearing assembly includes seal members each including a seal lip with multiple protrusions, and being arranged such that oil passages are defined between the seal lip and a seal sliding surface which is configured to slide circumferentially relative to the protrusions such that the oil passages communicate with a bearing internal space and an exterior of the bearing, and prevent passage of foreign objects having particle diameters larger than a predetermined value therethrough. The seal lip and the seal sliding surface are arranged such that, when the bearing rotates, lubricating oil in the oil passages is pulled into spaces between the seal lip and the seal sliding surface such that a fluid lubricating condition is created between the seal lip and the seal sliding surface, due to a wedge effect.