LeBron James is already worth $1.2 billion. And his influence on the league just keeps growing. At 39, LeBron remains Adam Silver’s go-to for bringing bold ideas to life. After all, the rest of the league follows if King James approves a plan. Take the NBA Cup, for example—a vision that The Chosen One championed, and everyone else embraced. Now, a surprising twist from President Donald Trump could mean big money for the NBA, NFL, MLB, and NHL- basically the “Big Four”.
What is President Trump aiming for that will benefit the likes of LeBron James and America’s Big Four?
LeBron James’ ideologies do not align with Donald Trump‘s ideologies- this is a known fact. However, in his second stint as the President of the USA, his taxation policies are going to benefit everyone, even The Chosen One. So, what does the White House have in mind with the idea of removing the federal taxes? Trump wants to eliminate federal income tax to reduce the tax burden on all.
He proposes replacing this revenue with high tariffs on imported goods. His plan aims to fund the government through these tariffs rather than income tax. This means pro athletes and their sports leagues will be directly impacted by a raise in their bank accounts. Andrew Petcash estimated that the NFL could save $2.9 billion, NBA- $1.9 billion, MLB- $1.1 billion, and the NHL- $888 million.