Categories: The GM's Suite

LeBron James thinks he’s underpaid and sacrificed for the sake of the team

photo via Instagram

LeBron James wants you to appreciate the fact that’s he’s never taken a max deal in his 10 year NBA career. He wants you to understand that he’s sacrificed his personal finances to win and he never gets credit for that fact.

“What I do on the floor shows my value. At the end of the day, I don’t think my value on the floor can really be compensated for, anyways, because of the (collective bargaining agreement),”

“I have not had a full max deal yet in my career — that’s a story untold,” James said.

“I don’t get (the credit) for it. That doesn’t matter to me; playing the game is what matters to me. Financially, I’ll sacrifice for the team. It shows for some of the top guys, it isn’t all about money. That’s the genuine side of this, it’s about winning. I understand that.”

LeBron went on to say that if this was baseball, his salary would be astronomical. The MLB is the only major out of the big three (NFL, NBA, MLB) not to have a salary cap. The NBA lands in the middle. While contracts are guaranteed, the number of years and the salary cap has gone down since the height of bloated contracts in the mid to late 90’s.

LeBron is earning $17.5 million this season and $40 million overall according to Forbes once you add in his endorsements. Kobe Bryant is currently the highest player in the NBA earning $27.8 million. Lebron can opt out of his contract in 2014. 2014 is an important year because it’s also when the repeater tax is enacted on NBA teams that have been over the luxury tax for three consecutive years. In the previous collective bargaining agreement, teams who went over paid a dollar-for-dollar tax. on the overages. So for example if you were $3 million over the cap, you had to kick out $6 million. The new adjustment which smaller market teams pushed for believing it would give them parity and a fighting chance against big money spenders like the Knicks, Lakers and Mavs, will tack on four times the amount teams are over.

Now the Rudy Gay trade to Toronto should make a little more sense to you.

While LeBron has a point about him being underpaid, generally fans have a hard time swallowing how a man that makes $17 million to play basketball is underpaid.

Jill Munroe

Jill Munroe is a Los Angeles-based host, producer, and writer. You can find her work on sites such as FoxSports.com, EURweb.com, and MSN.com. Munroe is a current member of the African-American Film Critics Association and the National Association of Black Journalists. Munroe has also been a frequent guest on ESPN radio and Yahoo Sports. In 2015, Munroe released her first book, "PostGame Pass: access into "the life" JillMunroe.com

Share
Published by
Jill Munroe

Recent Posts

‘Reasonable Doubt’ Season 2 Hulu Tackles Friendship, Power & Secrets | Exclusive with Raamla Mohamed & Emayatzy Corinealdi

Hulu's *Reasonable Doubt* highly anticipated second season delivers a complex mix of courtroom drama, personal…

2 weeks ago

Frasier Reboot Season 2: How Olivia, Eve, and Roz Redefine Strong Female Characters | Watch on Peacock

The *Frasier* reboot on Peacock returns for its second season, bringing back the beloved character…

3 weeks ago

Puff Daddy, Hugh Hefner, and 70s Rock Icons: Two Sides of the Same Coin?

The lifestyles of music and media moguls, from rock stars of the 1970s to hip-hop…

4 weeks ago

Zoë Kravitz on Directing ‘Blink Twice’: Exploring Paradise, Danger, and Feminist Themes

Zoë Kravitz on Directing 'Blink Twice': Crafting Tension in Paradise Zoë Kravitz has stepped behind…

4 weeks ago

Diddy’s Explosive New Lawsuits: Drugging, Assault, and Voodoo Tattoo Connection

Sean "Diddy" Combs has found himself at the center of a storm, with new allegations…

4 weeks ago

“Seeking Mavis Beacon:” A Cultural Icon Who Was Never Real

The mystery behind Mavis Beacon, the face of the beloved 1980s typing software, has intrigued…

2 months ago

This website uses cookies.