LeBron: I’d Opt Out For Miguel Cabrera’s $292M
Sorry King James, but you picked the wrong sport.
James told ESPN.com that he was amazed and a little jealous when he heard Detroit Tigers star Miguel Cabrera signed a contract Friday that guarantees him $292 million over the next 10 years.
“I said ‘wow,’ ” James said before the Miami Heat played the Detroit Pistons Friday. “I wish we didn’t have a salary cap.”
Baseball, of course, does not have a salary cap.
The Association does and players with James’ experience level can only earn 35 percent of his teams $58 million salary cap and can sign for no more than five years.
James will earn $19 million this season with the Heat, tied with teammate Chris Bosh for the ninth-highest in the NBA.
“He’s the best player in baseball and the best players in each sport should be rewarded,” James said. “It’d be nice to sign a 10-year deal worth $300 million.”
“I would do it this summer for sure,” James said with a smile. “I’d opt out for that.”
James earns about $40 million per year in endorsements.