LeBron James Is Underpaid By $10 Million Per Year

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Friday, January 25, 2013 LeBron James Is Underpaid By $10 Million Per Year Taylor Tepper of NPR.com spoke with an economist who speculated that LeBron James' salary should be "closer to $40 million per year," well-above his actual salary of $17.5 million. The economist cites the NBA's salary cap for depressing James' earnings. Of course, this is unrealistic since the NBA does have a salary cap the players agreed to during collective bargaining. But even within the confines of the cap, James is grossly underpaid. The chart on the left shows the base salary for each member of the Miami Heat. The chart on the right shows how much each player would make if the same payroll ($83.4 million) was distributed based on performance. In this case, we used Win Shares from Basketball-Reference.com to measure the overall production of each player. The results show that James is underpaid by $9.8 million. Ray Allen's $3.1 million salary is also well-below his performance on the court. At the other end, Dwyane Wade is the most overpaid player on the team, making approximately $3.4 million more than he is worth... Salary data via HoopsWorld.com Read » Also On Sports Page Today: Johnny Manziel Made A Trick Shot Video That Is Hard To Believe Here's Your Official 2013 Australian Open Finals Schedule Advertisement 49ers Are More Dominating Than The Ravens Halfway Through Season, The Lakers Are Moving In The Wrong Direction The Manti Te'o Story Wasn't As Big As You Might Think Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Sports Page RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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