LeBron James Is Underpaid By Nearly $7 Million

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		Tech Science Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Law International Video Latest Thursday, July 19, 2012 SPORTS CHART OF THE DAY: LeBron James Is Underpaid By Nearly $7 Million The folks at Freakonomics.com took a look production in the NBA and actual salary and determined that LeBron James was the most underpaid player in the league this past season, making $14.9 million less than he was worth. But while James may have been worth $30.9 million, this doesn't consider the implications of the salary cap. Instead, let's take Heat's $75.3 million payroll and "redistribute" that in a manner that is reflective of each player's importance to the team. James led the Heat with 14.5 Win Shares (a measure of all-around production) this season. That was 30.1% of the team's production. We could then say he was worth 30.1% of the payroll, or $22.7 million. This suggests he was underpaid by $6.7 million. Above we apply that same logic to every player on the Heat roster, comparing how much they were actually paid, to how much they actually deserved. Interestingly, both Dwyane Wade and Chris Bosh were overpaid, by a combined total of $8.8 million, while several of the role players were considerably underpaid. Data via Basketball-Reference.com Read » Also On Sports Page Today: WATCH: Rory McIlroy Blasted A Drive Off A Spectator's Head Today Watch The Beautiful Eagle Shot That Got This Golfer Within Two Shots Of The Lead At The British Open Here's A Sneak Peak At The Miami Dolphins' HBO 'Hard Knocks' Series Video Of This Australian Hurdler's Pre-Race Warm-Up Dance Is Going Viral Advertisement SPORTS CHART OF THE DAY: MSG's Stock Feels The Impact Of Jeremy Lin's Departure SPORTS CHART OF THE DAY: The U.S. No Longer Dominates The Summer Olympics SPORTS CHART OF THE DAY: Michael Phelps Is Closing In All-Time Olympic Medals Record 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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