LeBron James Pays Too Little in Taxes, His No. 1 Critic Claims (2024)

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LeBron James Pays Too Little in Taxes, His No. 1 Critic Claims (1)

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John Moriello

John Moriello started covering sports in 1982, began digital publishing in 1995, and joined Sportscasting in 2020. A graduate of St. John Fisher University, he finds inspiration in the underdogs and the fascinating stories sports can tell (both the thrill of victory and the agony of defeat). John expertly covers all aspects of NASCAR.Beginning with his 2014 coverage at Fox Sports of the aftermath of the dirt-race tragedy in which Kevin Ward Jr. died after being struck by a car driven by NASCAR Hall of Famer Tony Stewart, John has excelled as a journalist who specializes in the motorsports world. He previously spent more than three decades covering high school sports and worked as a beat writer covering Big East football and basketball, but NASCAR is now where the true expertise falls.John is a member of the New York State Basketball Hall of Fame (2013), the President of the New York State Sportswriters Association, and a two-time Best of Gannett winner for print and online collaborations whose work has appeared on FoxSports.com and MaxPreps.com.

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Updated07 Aug 2020

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LeBron James Pays Too Little in Taxes, His No. 1 Critic Claims (3)

There are two types of sports columnists these days — those who think they should explain what you already saw with your own two eyes and those who aren’t afraid to tell you what you may not want to hear. Jason Whitlock is the latter, which is why LeBron James fans may want to plug their ears.

Whitlock went from newspaper sports columnist in Kansas City to national influencer on sports, culture, and race by virtue of his time working for Fox and ESPN. He recently began writing at Outkick the Coverage, and he’s been on a terror.

Your sacred cows are Jason Whitlock’s hamburger.

Jason Whitlock wants LeBron James’ thoughts on a recently leaked video

https://www.youtube.com/watch?v=J2NjzqGE1_s

RELATED: LeBron James’ $480 Million Net Worth Looks Tiny Compared to Michael Jordan’s Fortune

Fans watching NBA games the past two weeks understand that sports and politics are now and forever intertwined in ways that John Carlos and Tommie Smith could have never imagined in Mexico City in 1968. In protests that have cut across race, NBA stars moved nearly “all in” on Black Lives Matter with the blessing of the league.

Whitlock, one of the few columnists to show staying power after cracking the color barrier, has been taking note in particular of LeBron James recently. James’ status as both a league veteran and one of the NBA’s all-time greats gives him clout; the media duly reports whatever he has to say, which most recently was a rebuke of Donald Trump.

Between the traditional media and the more recent social media platforms, James possesses a booming voice. However, Whitlock isn’t being timid about shouting right back at him.

Whitlock began his week by arguing that the bootlegged body camera footage from two Minneapolis police officers during the arrest and death of George Floyd presented a story that diverges from what the country has been told so far.

Whitlock labeled the narrative around Floyd’s death a divisive “race hoax” and wondered aloud why James, Gregg Popovich, and Adam Silver among others have said nothing about the substance of the leaked video.

Jason Whitlock turns the ‘dog whistle’ tables

RELATED: LeBron James Is No Longer the Best Player on His Team For the First Time in His Career

Columnist Jason Whitlock goes several days in a row without being heard from and then returns to fire off columns in rapid-fire succession. That’s what has happened in the first week of August.

President Donald Trump expressed his disgust with seeing NBA players supporting Black Lives Matter and kneeling during the national anthem before games during the rebooted 2019-20 season.

“I really don’t think the basketball community are sad about losing viewership, him viewing the game,” Los Angeles Lakers star LeBron James said. “And that’s all I got to say.”

James opened the door and Whitlock walked through it by calling him a “one trick political activist. His political magic trick is the left-wing dog whistle affectionately referred to as the race card.”

Whitlock tore into George H.W. Bush for playing a thinly disguised race card in the 1988 presidential campaign by turning Willie Horton into a major issue when the career criminal was hardly an accurate representation of his race. The columnist argued that James has fallen into the trap of making “Floyd is the star of this election cycle.” He went on to call it “divisive racial politics” built on the backs of people who won’t be brought back to life by kneeling before games.

Does LeBron James pay enough taxes?

https://www.youtube.com/watch?v=bwViwDBdPyk

RELATED: LeBron James Refuses to Stay Silent About Social Justice After Lakers Clinch Top Seed

The finale of Jason Whitlock’s three-peat attack on LeBron James came with him calling on politicians to defund sports rather than police, arguing that the windfall could best be used on law enforcement and criminal justice reform. Extending the concept to the entertainment industry as a whole, Whitlock called for a tax bracket of 80% or higher:

“COVID-19 and Black Lives Matter are helping rational people realize LeBron, Alyssa Milano, Lena Dunham, Steve Kerr, Amy Schumer, Colin Kaepernick, Aaron Paul, CardiB, Meek Mill and Jimmy Kimmel all need to shut up and entertain. They’re not thought leaders. They’re court jesters pretending to be world leaders.”

Jason Whitlock

Whitlock’s rationale: “Entertainers embrace Marxism and socialism. Let’s give them the system they prefer. Let’s take their tax revenue and invest in law enforcement and a criminal justice system focused on rehabilitation.”

LeBron James Pays Too Little in Taxes, His No. 1 Critic Claims (2024)

FAQs

Did LeBron James go through poverty? ›

The son of Gloria James, Lebron had to live a challenging life while growing up. He didn't have a father, his mom was 16 when he was born, and his family was in poverty.

Has LeBron James ever taken a pay cut? ›

James has only taken a pay cut once before: in 2010, when he, Dwyane Wade and Chris Bosh all took less money to team up on the Miami Heat.

How much is LeBron James worth? ›

When did LeBron James say nothing is given everything is earned? ›

James and Sports Illustrated writer Lee Jenkins used the term in his 2014 return-to-Cleveland letter, writing, "in Northeast Ohio, nothing is given. Everything is earned. You work for what you have."

How much has LeBron donated to charity in total? ›

See Also: Top 10 NBA Salaries: How Do Steph Curry And LeBron James Stack Up? Though by no means is James stingy when it comes to giving back: his LeBron James Family Foundation has raised and given a whopping $100 million to at least seven foundations, supporting at least 12 causes.

What did LeBron James struggle with? ›

Struggles as a kid in Akron, Ohio

His father, a convicted criminal, was not part of his life nor did he support his family financially. James grew up in the roughest neighborhoods of the city which was partially due to his mother Gloria having ongoing difficulties finding a job and maintaining her family.

What is Bronny James' salary? ›

Bronny James' contract begins at $1,157,143 in 2024-25 and progresses to $1,955,377 the following year, $2,296,271 in 2026-27 and $2,486,955 for a team option in 2027-28, sources told ESPN.

What did LeBron buy with his first paycheck? ›

“He never spent or indulged in a frivolous manner when the money came.” While he banked more than 99% of that first check, “he did take his closest friend to an amusem*nt park,” Dennis recalled.

How much has LeBron made in salary? ›

As of July 2024, the player in the National Basketball Association (NBA) with the highest cumulative career earnings was LeBron James, with total earnings of approximately 479.47 million U.S. dollars. LeBron James has played for the Los Angeles Lakers since 2018.

What business does LeBron own? ›

1. Fenway Sports Group. James and his longtime business partner Maverick Carter took equity in Fenway Sports Group (FSG) in 2021, the parent company of Liverpool Football Club and the Boston Red Sox. Last year, he increased his ownership stake as part of a lifetime marketing deal.

Who are the 4 NBA billionaires? ›

Magic Johnson joins fellow NBA superstars Michael Jordan and LeBron James, as well as, Tiger Woods to join the exclusive billionaire club.

What was LeBron's favorite quote? ›

You can't be afraid to fail. It's the only way you succeed - you're not gonna succeed all the time, and I know that. You have to be able to accept failure to get better.

What did Warren Buffett tell LeBron James? ›

In terms of earning power, [he should] just make monthly investments in the low-index fund,” Buffett advised via CNBC's Squawk Box in 2015. He then suggested James “keep it simple” when investing. For starters, the Berkshire Hathaway CEO said, James should consider investing primarily in American companies.

What did Allen Iverson say about LeBron James? ›

Hall of Famer Allen Iverson also weighed in on the GOAT debate, saying how much he admires LeBron for what he's done on and off the court. “I love LeBron as a basketball player, everything he did for basketball.

Is LeBron James a generous person? ›

LeBron is a philanthropist. James has donated millions of dollars to charity.

What age did LeBron become a billionaire? ›

After another monster year of earnings, totaling $121.2 million before taxes and agents' fees over the last 12 months, Forbes estimates that James has officially become a billionaire while still playing hoops. The 37-year-old superstar has a net worth of $1 billion, by Forbes' count.

Where did LeBron James make his money? ›

LeBron James' wealth comes from various sources, including his NBA salary, endorsem*nts, and business ventures. While some reports say he's earned roughly $400 million from professional basketball, he's reportedly also raked in about $900 million from off-court pursuits.

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