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LeBron James’ salary highlights wild NBA boom

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Los Angeles Lakers star LeBron James is entering his Yr 20 within the NBA, and throughout that span, the league has seen a large growth in coverage and recognition.

The league has grown so big that LeBron’s salary for 2022-23 ($44.4 million) is higher than the entire salary cap of the NBA (43.8 million) back in 2004-05–his second season in the professionals, via Boardroom.

Now that’s actually wild stuff right there.

For what it’s value, the present NBA salary cap for 2022-23 is at $123.655 million, which is sort of triple from where it was before 19 years ago.

The huge growth, nevertheless, is a testament to the NBA’s incredible efforts to make the sport more global and popular amongst other major sports leagues within the US. TV deals alone are bringing in billions to the NBA, so it’s no surprise why players are also getting paid handsomely.

As for LeBron James, the proven fact that he stays one in every of the highest-paid players within the league going into his age-38 season speaks volumes of his longevity and transcendent talent. The Lakers forward remains to be among the finest players within the NBA, and while he’s now not the identical athletic threat he was once, he remains to be greater than able to leading a title contender.

It’s unlikely we’ll see one other player with the identical longevity and impact as LeBron. And 20 years from now, it’s doubtful any player today can actually receives a commission greater than the salary cap now.

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