The Conservative Cave

The Bar => Sports => Topic started by: Tucker on July 08, 2010, 08:48:00 PM

Title: LeBron James to Miami
Post by: Tucker on July 08, 2010, 08:48:00 PM
http://sports.espn.go.com/nba/news/story?id=5365165

Miami is going to be tough. Wade, Bosh and James are taking less money than they could have received somewhere else.

Rare trait in a Pro athlete.

Title: Re: LeBron James to Miami
Post by: Chris_ on July 08, 2010, 08:50:24 PM
How much money? FL has no income tax on earnings.
Title: Re: LeBron James to Miami
Post by: cavegal on July 08, 2010, 08:51:35 PM
Interesting. :popcorn:
Title: Re: LeBron James to Miami
Post by: Tucker on July 08, 2010, 08:59:18 PM
How much money? FL has no income tax on earnings.

Don't know. He mentioned that he could have received 120 million. Cleveland offered the biggest contract and he turned em down. :-)
Title: Re: LeBron James to Miami
Post by: Mike220 on July 08, 2010, 09:03:20 PM
I think (that being the operative word) the max he could take if leaving Cleveland was 96 million. Don't know if he got the full amount though with two other big money names signing on.
Title: Re: LeBron James to Miami
Post by: Tucker on July 08, 2010, 09:17:50 PM
I think (that being the operative word) the max he could take if leaving Cleveland was 96 million. Don't know if he got the full amount though with two other big money names signing on.

He mentioned a sign and trade for 120 million in a six year deal. 96 was the max if he stayed in Clev.
Title: Re: LeBron James to Miami
Post by: Mike220 on July 08, 2010, 09:20:52 PM
He mentioned a sign and trade for 120 million in a six year deal. 96 was the max if he stayed in Clev.

Figures I'd have it backward. Not big with basketball, but it's been all over the sports station I listen to all the time.
Title: Re: LeBron James to Miami
Post by: Odin's Hand on July 08, 2010, 10:34:36 PM
They have to take on contracts that are nothing more league minimum across the board, minus Chalmers. One serious injury and this team is f***ed.
Title: Re: LeBron James to Miami
Post by: Tucker on July 09, 2010, 05:16:33 AM
They have to take on contracts that are nothing more league minimum across the board, minus Chalmers. One serious injury and this team is f***ed.

They only have six players on their roster. They need nine more.
Title: Re: LeBron James to Miami
Post by: blitzkrieg_17 on July 09, 2010, 07:47:37 AM
**** Lebron.
That is all.
Title: Re: LeBron James to Miami
Post by: Godot showed up on July 09, 2010, 08:13:54 AM
Never heard of him. He must be seeded pretty low in the rankings.
Title: Re: LeBron James to Miami
Post by: Tucker on July 09, 2010, 08:40:07 AM
**** Lebron.
That is all.

You mean Art Modell isn't the most hated man in Clev. any more? :lmao:
Title: Re: LeBron James to Miami
Post by: Odin's Hand on July 09, 2010, 08:52:22 AM
They only have six players on their roster. They need nine more.

They still have to dump Beasley's salary.
Title: Re: LeBron James to Miami
Post by: Chris_ on July 09, 2010, 03:04:01 PM
LeBron James items being removed from shops or deeply discounted (http://www.wkyc.com/news/local/news_article.aspx?storyid=139317&catid=3)
Quote
It hasn't even been 24 hours since LeBron James made "The Decision" to leave Cleveland for Miami. But Greater Cleveland shops -- even the Cavaliers' team shop -- are clearing their shelves of anything LeBron.

The Cavaliers have pulled all of the LeBron items from the shelves in the team shop, which is under renovation right now, as well as from the shelves at the "temporary" team shop set up elsewhere in Quicken Loans Arena.
Title: Re: LeBron James to Miami
Post by: Mike220 on July 09, 2010, 05:32:55 PM
LeBron James Fathead is on clearance. For $17.41. Guess what's interesting about 1741. That's the year Benedict Arnold was born...

Fathead (http://www.fathead.com/nba/cleveland-cavaliers/lebron-james/)
Title: Re: LeBron James to Miami
Post by: Chris_ on July 09, 2010, 05:46:20 PM
LeBron James Fathead is on clearance. For $17.41. Guess what's interesting about 1741. That's the year Benedict Arnold was born...

You sound upset. :rofl:
Title: Re: LeBron James to Miami
Post by: Tucker on July 09, 2010, 05:55:50 PM
Here ya go Mike. :tongue:

http://www.cleveland.com/forums/cavs/


Myself, I follow the Pistons so anything bad that happens to Cleveland, I approve. :-)

Title: Re: LeBron James to Miami
Post by: Chris_ on July 09, 2010, 06:47:43 PM
(http://i237.photobucket.com/albums/ff68/kayaktn/0709103mugs1.jpg)
http://www.thesmokinggun.com/archive/years/2010/0709103mugs1.html :-)
Title: Re: LeBron James to Miami
Post by: Odin's Hand on July 09, 2010, 07:01:08 PM
I saw some video on the news where they were burning large piles of his jerseys and those stupid ass "Witness" shirts in Cleveland.
Title: Re: LeBron James to Miami
Post by: Tucker on July 09, 2010, 07:21:30 PM
Damn Chris. The lady in the 2nd row, left looks like a "See what happens when you do Meth" ad.
Title: Re: LeBron James to Miami
Post by: Mike220 on July 09, 2010, 07:53:41 PM
You sound upset. :rofl:

Not at all. I don't like basketball. I just heard it on the radio today and thought it was funny.
Title: Re: LeBron James to Miami
Post by: Chris_ on July 09, 2010, 08:26:02 PM
I don't care for basketball either, especially not the NBA.  Between this and the Lakers riots in LA last week, the whole thing just seems silly.
Title: Re: LeBron James to Miami
Post by: Tucker on July 10, 2010, 06:41:08 AM
http://www.businessandmedia.org/articles/2010/20100708120415.aspx

Quote
LeBronomics: Could High Taxes Influence James' Team Decision?

NBA superstar free agent would pay over $12 million in New York income taxes, none in Miami

By Kyle Gillis
Business & Media Institute
7/9/2010 9:33:01 AM

“If LeBron James goes to the Miami Heat instead of the [New York] Knicks, blame our dysfunctional lawmakers in Albany, who have saddled top-earning New Yorkers with the highest state and city income taxes in the nation, soon to be 12.85 percent on top of the IRS bite,” the Post said.

 

The tax savings for James in Miami over New York City would be staggering, according to the Post’s analysis.

“On a five-year contract worth $96 million -- what he'd get from the Knicks or the Heat -- LeBron would pay $12.34 million in New York taxes.” Florida has no state income tax.

 

New Jersey and Ohio, the other reported frontrunners to attract James, also have state income taxes, but they are not as high as in New York. Based on a $96 million contract, James would pay $5.69 million in state taxes if he re-signed with the Cleveland Cavaliers. If he signed with the New Jersey Nets, James would pay $10.32 million in state taxes.

Complete article at link.

LBJ supports democrats and their policies. I guess it's great as long a someone else pays for it.