Saturday, March 29, 2014

LeBron James wants the NBA to fold

LeBron James seems like a smart dude most of the time, except for "The Decision" and the circus act he, Wade, and Bosh put on after the signings.  However, apparently he thinks the NBA should try to go out of business.  LeBron James is jealous of the money that Miguel Cabrera got.  What he fails to realize is that the money Cabrera got is about what James can expect to receive over the course of a 10 year contract with his years of service.  Max NBA players make mid- to high-20's (millions) salaries.

I can understand that James would want a 10 year guaranteed 30-mil per year.  Where this all gets stupid is suggesting that he would be happy if the NBA didn't have a salary cap.  The previous CBA negotiations showed how tenuous the NBA's grip on viability truly is.  The league has trouble making money and the next CBA negotiations will likely also be contentious because the margins of profit are likely slim, especially for the low revenue teams in the league.  If the salary cap was removed, owners would immediately kill their league by offering players like JR Smith $35 million per year.  There would be an arms race between the Knicks, Lakers, and Celtics to spend the most to win a title, and the league would go broke because nobody would want to watch the other teams play.

I totally understand wanting even more.  Why not?  James only gets one shot at big earnings.  However, a guy who has been in the league this long should be  little more careful of what he says.


1 comment:

  1. basketball players are much more marketable than baseball.lebron get's millions on endorsements from gatorade, nike , etc etc. i am assuming cabera's entire earnings is from the contract and probably some small local endorsements. not to mention, didn't he get drafted out of high school and sign a 90 million nike endoresement deal? cabera, drafted out of high school (if he actually went) to only spend 3 years in the marlins organization working his way up, making decent money and than playing 162 games a year, plus another 20 in preseason, than going back to the d.r. to play during his early years during winter ball.

    ReplyDelete