Joshyjess wrote:I remember reading that when Lebron went back to Cleveland he brought roughly 1 billion dollars worth of revenue with him to the city. I suppose using numbers like that you could justify paying a player a salary north of 100 million. After all if a player brings his team / city tons of money, I suppose he is worth such a massive salary.
He did. That’s the only way an NBA guy would make quite this much. If you funded it like you do a stadium. Or an economic revitalization zone.
I’d go see the Cavs and think how important he was. Bars and eateries that would be dead on a Tuesday filled and able to charge more. Then add in the increased traffic to adjacent casinos where there are those.
I almost think these guys are more important to smaller markets in that sense. From what I understand, Giannis has a similar effect.
In LA or NYC, places are jammed anyway most likely.
So to a struggling region, a few guys are worth more to local business and the local economy than even that number. but you’d need to drop the cap and fund it though some small tax from all the local businesses or the city itself. I don’t know how it would be put in practice, but when Lebron left in 2010, between what it cost Gilbert and every local business, it certainly exceeded that number. But no one can shoulder it alone