- Jimmy Carter’s grandson makes gains in governor’s race in Georgia
- Yemen: Airstrike targets al Qaeda training camps
- Easter worshippers shocked as car rams church, injuring 21
- NYT’s David Brooks: Obama has ‘manhood problem’ in Middle East
- Ted Cruz thanks Obama for denying visas to terrorists
- Survivors recall chaos, fear in Everest avalanche
- General Mills apologizes for ‘right to sue’ confusion, reverses policy
- Dealer wanted in U.S. for art fraud nabbed in Spain
- Easter morning delivery for space station
- Boxer Rubin ‘Hurricane’ Carter dies at 76
James not worried about being top-paid player
INDIANAPOLIS (AP) - LeBron James wants to win as many championships as he can. When it comes to the titles dictated by money, he’s not that interested.
The Miami Heat star says he’s not worried about being the NBA’s highest-paid player.
“It doesn’t matter to me being the highest-paid player in the league,” James said. “I think my value shows on the floor.”
He added: “If this was baseball, it (the salary) would be up, I mean way up there.”
Initially, the questions were about whether the league’s collective bargaining agreement would allow other teams to build the same way Miami did, by signing three big-name players.
James was the top prize on the free-agent market in 2010 but acknowledged he took less money to play with Miami and pursue NBA championships with Dwyane Wade and Chris Bosh.
James and Bosh each reportedly signed six-year deals worth $110 million. Wade’s deal was for six years and $107 million. Each deal was under the NBA’s maximum contract.
The Heat won the title last season, and all three Miami stars can opt out of their contracts next year. There has been speculation that the Cavaliers, James‘ former team, might be interested in signing him, as would the Los Angeles Lakers.
But under terms of the new collective bargaining agreement, which begins to be implemented in earnest next season, teams will be penalized more harshly for exceeding the salary cap than they were in the past, and repeat offenders will have it even worse.
It’s already making an impact.
The new economic structure has already led to some significant personnel decisions. Oklahoma City decided to break up a core that had taken the Thunder to the NBA Finals the previous summer when they chose to ship James Harden to Houston just before the season rather than sign him to a contract extension that would have subjected the team to the more punitive luxury tax.
In the past two weeks the Memphis Grizzlies, who were considered to be legitimate challengers to the Thunder in the West, traded valuable bench player Marreese Speights and two other players to Cleveland for Jon Leuer in a salary dump, then sent leading scorer Rudy Gay, who is making $16.5 million this season with $37 million more over the next two years, to Toronto.
The move helped get the Grizzlies under the cap for next season, but left coach Lionel Hollins wondering if they still had enough to compete in the powerful Western Conference.
“When you have champagne taste, you can’t be on a beer budget,” Hollins said, before going on to say he understands the challenges new Memphis owner Robert Pera faces in one of the NBA’s smaller markets.
Women losing coverage under Obamacare, too
- Former Ranger breaks silence on Pat Tillman death: I may have killed him
- In Colorado, a marijuana holiday tries to go mainstream
- Scalia to students on high taxes: At a certain point, 'perhaps you should revolt'
- Special Forces' suicide rates hit record levels casualties of 'hard combat'
- USAID documents cite Hillary Clinton in chaos of Afghan aid
- Tactical advantage: Russian military shows off impressive new gear
- Feds approve powdered alcohol; 'Palcohol' available later this year
- CURL: Shelly O first lady Michelle Obama comes in last
- UNICEF launches 'Mr. Poo' mascot in India to curb public defecation
- See the scathing documents detailing $600 billion squandered in Afghanistan
Top 10 handguns in the U.S.