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July 11, 2010

Obamatron LeBron's scoreboard is clear: Reaganomics 1 Obamanomics 0.

It's about the love until it's about the bling, baby. You feel me? **

2008 -- Feel the love my brother:

LeBron James Throws His Money behind Barack ObamaAccording to the L.A. Times, LeBron James threw down a cool $20,000 to a committee devoted to electing Barack Obama president.

2010 -- Big Brother Obama schools LeBron:
"I think the most important thing for LeBron ... is actually to find a structure where he's got a coach that he respects and is working hard with teammates who care about him. And if that's in Cleveland, then he should stay in Cleveland." Structure? How about a financial structure built for to maximize positive cash flow.

2010 -- Feel the heat, my brother:
Pro athletes are very acutely aware of "take home pay" versus gross pay. Sure, James as well as Bosh and Wade will have to take less gross money by agreeing to all sign with one team as opposed to each maxing out their options individually. And they are all getting some deserved credit for that. Having said that, it is the lack of state taxes in Florida that is making that possible. In fact, one financial website has figured that James will actually take home 25 million more dollars by taking a lower salary in Miami versus taking the absolute max in say, New York. This does not even count various local taxes you get hit with in New York City. This is simply the state income tax bite relative to James' NBA salary and existing endorsement deals.
Looking for more love in 2011 when Obama bites deeper into LeBron's bling. Feel the love, brother.

** BlingBron via Rodger, Real King of France

Posted by Vanderleun at July 11, 2010 9:06 AM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

OMG, I thought he looked like a clown, does he actually think that suit works? HOW FUNNY.
How much money does it take to make a person look that stupid?

Posted by: Mike Perkins at July 11, 2010 1:43 PM

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