$90,000/year for 1,000 years. That’s what it would take to gross what recent high schooler LeBron James will be pulling in over the next five years in his Nike endorsement. Put on top of that his salary and other endorsements, and this kid is pretty much guaranteed 1/10 of a billion dollars before he’s 25. Straight from crib to MTV Cribs. For playing basketball and having his picture taken. The fun part is that he’s never even played a professional game. He’s expected to be the first draft pick, but that hasn’t happened yet.
I wonder if Bush’s tax cut will benefit him. What I’ve heard about mostly is dividend savings, and since this is likely payroll, maybe he’s gonna get it. New money always cries. Maybe Jack can take time out from monitoring golf pervs to clue us into the implications. Or maybe I could read it too.