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Reading: LeBron James Sacrificing Purse After ‘PR Smoke’ a Large Loss Amid Bronny’s Draft, Says Gilbert Arenas: “Why Isn’t the Real Billionaire Taking a Pay Cut”
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The Texas Reporter > Blog > Sports > LeBron James Sacrificing Purse After ‘PR Smoke’ a Large Loss Amid Bronny’s Draft, Says Gilbert Arenas: “Why Isn’t the Real Billionaire Taking a Pay Cut”
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LeBron James Sacrificing Purse After ‘PR Smoke’ a Large Loss Amid Bronny’s Draft, Says Gilbert Arenas: “Why Isn’t the Real Billionaire Taking a Pay Cut”

Editorial Board
Editorial Board Published July 3, 2024
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After lacking out on Klay Thompson, James Harden, and Jonas Valanciunas, the Los Angeles Lakers are eyeing up DeMar DeRozan. However that too appears to be within the air because the Miami Warmth are contesting arduous for the signing. So, LeBron James’ reportedly provided to sit down via a $33 million pay lower to enhance the Lakers roster. Nonetheless, it was later referred to as the “PR Smoke”. And Gilbert Arenas who skilled taking a $16 million pay lower throughout his Wizards days has a number of phrases for ‘King James’.

On Gil’s Enviornment Channel, ‘Agent Zero’ and the crew felt that the Lakers failed at James’s offseason problem. Arenas opted for a $111 million contract as an alternative of a supermax $127 million to create space for ahead Antawn Jamison. Nonetheless, the 3x All-Star feels it isn’t King James’ accountability to take a pay lower. As a substitute, he identified that the crew homeowners needs to be accountable for a similar.

“F**k  no don’t take no pay cut,” Arenas stated, by way of Gil’s Enviornment. “If you’re at a workplace you’re not taking a pay cut for a friend for nothing. Why isn’t the real billionaire taking a pay cut? Remember he has a profit too. So, he don’t want to take a pay cut in his profit so he wants the player to do it.” Ever since Bronny James‘ draft, a lot of questions were asked about King James’ future, which the previous Wizards participant isn’t a fan of.

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In line with Gilbert Arenas, it’s the homeowners’ accountability to guard their investments. Pushing it on gamers isn’t the correct transfer, nonetheless, it has been happening endlessly within the basketball world. Similar to Arenas did 16 years in the past forgoing his $16 million.

USA Right now by way of Reuters

Apr 25, 2024; Los Angeles, California, USA; Los Angeles Lakers ahead LeBron James (23) reacts through the second half in recreation three of the primary spherical for the 2024 NBA playoffs at Crypto.com Enviornment. Necessary Credit score: Gary A. Vasquez-USA TODAY Sports activities

The scenario is a lose-lose for LeBron James, as per Arenas’ crew. If James accepts the cash then the narrative could be about him not sacrificing for the crew. And if he accepts the pay lower, and the franchise fails to succeed in the playoffs, the #23 would nonetheless be blamed. Similar to with the information of him taking a pay lower was thought of a “PR Smoke” by his long-time rival.

Does Gilbert Arenas’ evaluation of LeBron James stand true?

Skip Bayless on his X took a shot at Wealthy Paul and stated, “No way LeBron was going to take less than the max $160 mil for 3 yrs.” And now reviews from ESPN verify that LeBron James has agreed to signal a two-year, $104M max deal to return to the Lakers. The deal features a participant possibility and a no-trade clause.

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The Lakers are barely above the $188.9M second apron, and Adrian Wojnarowski confirmed that LeBron may take a decrease contract. “There’s still a conversation with agent Rich Paul and Lakers on James taking $1 million or so below max to keep team below second-apron and able to keep a little more roster-building flexibility, source tells ESPN.”

So Gilbert Arenas’ assertion on LeBron not taking a decrease contract got here true. However this comes with limitations because the Lakers can solely make 1 for 1 trades. And so they can’t convey in additional wage than they ship out.

Keep tuned for extra such updates, and to observe what Shaq’s ex-agent, Leonard Armato, has to say in regards to the notorious Shaq-Kobe feud, Caitlin Clark’s Olympic snub, and extra, watch this video.

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TAGGED:ArenasBillionaireBronnysCutDraftGilbertHugeIsntJamesLeBronLosspayPurserealSacrificingSmoke
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