When Bob Cousy retired from the Boston Celtics after leading his team to five consecutive championships, he was earning $35,000 a year. LeBron James raked in $44.5 million last year.
That’s 127,143% more than the Celtics point guard made. And King James has won only one championship. Even taking 50 years of inflation into consideration, that’s a mind-boggling differential in pay.
Yet we would consider it grotesque for the federal government to jump in and insist that the Celtics contribute millions in back pay to the Cooz … or demand a reduction in compensation for LeBron.