LeBron James is The Most Underpaid Athlete in Sports

THE MOST UNDERPAID ATHLETE: LEBRONJAMES JULY 8, 2010 WAS AN UNPRECEDENTED DAY IN THE WORLD OF SPORTS. ONE MAN SHIFTED THE BALANCE OF POWER IN THE LEAGUE WITH ONE INFAMOUS SENTENCE, "I AM TAKING MY TALENTS TO SOUTH BEACH". HERE IS HOW THE DECISION PLAYED OUT AND WHY HE IS THE MOST UNDERPAID ATHLETE IN SPORTS. MIAMI HEAT GLEVELAND TADALIEKS FRANCHISE VALUE $476m $364m 2010 $355m $425m 2011 TV RATINGS OUT OF 10 7.7 2.5 INCREASE 2010 54% (99%) 3.9 5.0 O2011 DECREASE NATIONALLY TELEVISED GAMES 25 15 2010 3 29 O 2011 ATTENDANCE NBA RANK (1-30) 2nd 15th 2010 19th 4th 211 TICKET SALES PER GAME TICKETS $250 $93 2010 $50 $311 2011 WAGES OF WINS FOR 2011-2012 SEASON EACH WIN IS WORTH $1.95M USING THE WAGES OF WINS FORMULA LEBRON CREATED THE NBA PAID PLAYERS 15.88 $1.9B TO PRODUCE 990 WINS FOR 2011-2012 SEASON WINS LEBRON'S WORTH $30.9M LEBRON'S SALARY $16,022,500 $1,950,000 X 15.88=$30,905,996 $30,905,996 - $16,022,500 LEBRON IS UNDERPAID BY $14,883,496 BROUGHT TO YOU BY SOURCES: http://www.forbes.com/teams/cleveland-cavaliers/ http://www.forbes.com/teams/miami-heat/ http://www.sportsbusinessdaily.com/Journal/Issues/2011/04/18/Media/NBA-RSN-ratings.aspx http://www.sportsmediawatch.com/2009/08/2009-10-nba-national-tv-schedule/ http://www.sportsmediawatch.com/2011/07/2011-12-nba-national-tv-schedule/ http://espn.go.com/nba/attendance http://sports.yahoo.com/nba/news?slug=ycn-10258223 http://sports.yahoo.com/nba/news?slug=ycn-10288481 http://articles.sun-sentinel.com/2011-06-19/sports/fl-lebron-james-effect-0620-20110619_1_lebron-james-lebron-effect-cavaliers-franchise http://www.fancostexperience.com/pages/fcx/blog_pdfs/entry0000016_pdfo00.pdf https://www.teammarketing.com/public/files/2010_NBA_FCI.pdf http://www.freakonomics.com/2012/07/18/price-controls-in-the-nba-force-teams-to-find-different-ways-to-keep-their-stars/ http://wagesofwins.com/how-to-calculate-wins-produced/ cable tv .com