Episode 427: LeBron James Is Still Underpaid
Planet Money
#427: LeBron James Is Still Underpaid
FREDERIC J. BROWN/AFP/Getty Images
The best player in basketball is getting a raise. LeBron James just signed a contract to switch teams to the Los Angeles Lakers with a four-year, $154 million contract. But he may still be the most underpaid sports star in the world.
Planet Money
#427: LeBron James Is Still Underpaid
Back in 2013, when LeBron was making a paltry $17.5 million per year, economists told us he was very underpaid. And we found out why the NBA team owners, the players, the fans and even LeBron James himself want to keep it that way. Today on the show, we call some of them back to see if LeBron is still getting hosed.
The original episode ran in 2013.
Music: "Red Arrow" and "Delicate Stuff."
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