Lebron takes a Pay cut to come to florida. It seems everyone that comes to florida takes a PAYCUT!!! (Miami: best cities, buy)

[Aimewitue]

I was just noticing that most people that leave the north to come the south take a paycut. Do you ever think the florida wages will catch up the northeast states?? Congrats to Miami for getting Lebron!!!! Weather makes up for the money right!!

[goofykid]

He came here because this team gives him the opportunity to do something that not no big city or media market could guarantee. Thats a champioship ring in which all players are already willing to make sacrifices. Can you buy happiness and good health with money in the North?

[dk22]

He does save a lot of money by coming to FL with no state income tax. If he went to NY, he'd have to pay approximately $13 million dollars in income tax for his overall contract. He'll take less income from the Heat, but will make up for the difference and more from endorsements. He'll save a ton of money by not paying state tax on the endorsement money too.

[doggiebus]

Originally Posted by dk22

He does save a lot of money by coming to FL with no state income tax. If he went to NY, he'd have to pay approximately $13 million dollars in income tax for his overall contract. He'll take less income from the Heat, but will make up for the difference and more from endorsements. He'll save a ton of money by not paying state tax on the endorsement money too.

Great post! I bet we will find that besides wanting to win a championship that taxes played a portion of the roll in making his decision.

[Winter_Sucks]

Originally Posted by goofykid

He came here because this team gives him the opportunity to do something that not no big city or media market could guarantee. Thats a champioship ring in which all players are already willing to make sacrifices. Can you buy happiness and good health with money in the North?

Most rich people seem happy and can afford the best care in the world. Just saying.

[JimboUSMC17]

He took a pay cut only becaue of the salary cap and because the Heat already had Wade and Bosh. Has nothing to do with earning less down south. If the same 3 players would have gone to the Knicks, they would have had to take the same salary cut.

[JohnLee1]

Originally Posted by JimboUSMC17

He took a pay cut only becaue of the salary cap and because the Heat already had Wade and Bosh. Has nothing to do with earning less down south. If the same 3 players would have gone to the Knicks, they would have had to take the same salary cut.

***MOD CUT***

And just for the record, yeah, you make less in the south than certain parts in the north but everything costs less in the south and no state tax which balances everything greatly and you actually make more in most occasions.

***MOD CUT*** You can post actually negatives about Miami just like every city, even suburban cities have, but to make things up and exaggerate everything, and just throw out things without actually knowing is ridiculous and ver sad actually.

Miami is extremely young, and extremely younger than most cities and even younger than the best cities in the country and it's already in the top five for everything. What does that tell you? It has already surpassed most cities in everything in it's extremely young life. What does that tell you?

[JimboUSMC17]

Originally Posted by JohnLee1

***MOD CUT***

And just for the record, yeah, you make less in the south than certain parts in the north but everything costs less in the south and no state tax which balances everything greatly and you actually make more in most occasions.

***MOD CUT*** You can post actually negatives about Miami just like every city, even suburban cities have, but to make things up and exaggerate everything, and just throw out things without actually knowing is ridiculous and ver sad actually.

Miami is extremely young, and extremely younger than most cities and even younger than the best cities in the country and it's already in the top five for everything. What does that tell you? It has already surpassed most cities in everything in it's extremely young life. What does that tell you?

Did you understand my post?? It seems as if you think I'm putting down Miami. I live and work in Miami so there seems to be a misunderstanding there buddy. I'm dying to see what it is the Mod had to cut. lol

But then I guess I need to break it down so that everyone can understand. Regardless of what team the big 3 would have gone with, in order for any team to sign all 3, they'd all have to take a pay cut in order for that team to avoid going over thier salary cap. It has nothing to do with what area pays more or anything like that.

Now after my original post above, I was going to add the fact that we do not pay state tax and things are generally cheaper here than up north so it offsets the difference and at times making it more profitable to live here. But other posters had mentioned similar things in posts before mine on this thread so I didn't feel the need to repeat what they said.

But I guess a short response is not enough for some people. I have to break it down Barney style.

[MiamiRob]

Originally Posted by Aimewitue

I was just noticing that most people that leave the north to come the south take a paycut. Do you ever think the florida wages will catch up the northeast states?? Congrats to Miami for getting Lebron!!!! Weather makes up for the money right!!

Not really a fair analogy since Lebron is a very wealthy multi millionaire who left a $31 million dollar deal in Cleveland to play on a team with his friends Wade & Bosh. It's obvious at this point that his decision to come to Miami was not based on money but to win a NBA Championship. He has the luxury to choose where most people do not.
NBA wages & those wages for those in the Northeast or Florida is like comparing apples to oranges.

[BucFan]

Originally Posted by Aimewitue

I was just noticing that most people that leave the north to come the south take a paycut. Do you ever think the florida wages will catch up the northeast states?? Congrats to Miami for getting Lebron!!!! Weather makes up for the money right!!

Maybe he's taking a pay cut from the Heat, but he'll make a lot more money for endorsements in Miami than Cleveland. In fact, some athletes make more money from Nike, Reebok, Sony, and other big corporations than the salary they make from their teams. So overall, doubt if he's losing money in the deal. I'm happy for him.