True, it was my closest at hand google result

by Mike (bart), Thursday, July 10, 2014, 08:42 (4135 days ago) @ Jeff (BGS)

There's an ESPN ($) piece that dissects the problem more fully, but it's paywalled:

http://insider.espn.go.com/nba/story/_/id/11187113/lebron-james-proving-absurdity-nba-m...

Still, the theoretical basis isn't that hard to grasp: by setting max compensation for each age bracket, the NBA obviously caps the market value of its best players lower than what it might be in a free market (i.e., that is the entire point of the max contract). Obviously, there are corresponding dudes that are then overpaid relative to their production (e.g., Ben Gordon is probably not worth $4.5M per year), but given the dimensions of the figures involved it's safe to say that there are more dollars being left on the table by high quality players vis a vis the CBA than there are dollars going into the bank accounts of undeserving hacks.

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Complete thread:

LeBron to Cavs reported to be a done deal... - BPH, 2014-07-09, 19:36
- For the web development nerds out there - Jim (fisherj08), 2014-07-10, 07:33
  - I've seen follow-ups debunking this. - Tim, 2014-07-10, 08:27
  - is this the new "flight tracker"? - Pat, 2014-07-10, 07:37
- Heh - Mike (bart), 2014-07-10, 07:16
- It would be very Cleveland - nedhead, 2014-07-10, 06:36
  - It would be even more Cleveland if - Jack, 2014-07-10, 09:02
    - And then the Cuyahoga river catches fire... - irishvol, 2014-07-10, 09:08
- I saw something on Twitter saying the Broussard thing was - Pat (Moco), 2014-07-10, 06:09
- Gold jacket, green jacket... - Mo, 2014-07-10, 05:47
  - There is no such thing as an overpaid athlete. Discuss. - Dylan, 2014-07-10, 09:11
    - Every athlete is either overpaid or underpaid - Jeff (BGS), 2014-07-10, 11:04
    - Ah, capitalism. - Jim (fisherj08), 2014-07-10, 10:40
    - Easy to refute that statement - Mo, 2014-07-10, 10:39
    - Depends - how sophisticated is their payroll software? - irishvol, 2014-07-10, 09:34
      - Always a good time to post this - Mike (bart), 2014-07-10, 09:37
  - Please name 5 "thugs" in the current NBA - Jim (fisherj08), 2014-07-10, 07:31
    - What's your definition of "Thug"? - Mo, 2014-07-10, 08:53
  - Your thug point is just totally, 100% wrong - Mike (bart), 2014-07-10, 06:27
    - I'm against such a whitewash as well - HullieAndMikes, 2014-07-10, 06:42
      - Right, JailBlazers, etc. - Mike (bart), 2014-07-10, 06:59
        
        I label them thugs because of the way they act - Mo, 2014-07-10, 07:25
        
        Thug? - JRT, 2014-07-10, 08:35
        
        How do they act to earn that label? - CW (Rakes), 2014-07-10, 07:37
        
        Ron Artest and Jason Williams - Mike (bart), 2014-07-10, 07:27
  - Is that (overpaid) much different than other pro sports? - irishvol, 2014-07-10, 06:24
    - I think so - Mo, 2014-07-10, 07:21
      - Here are the top 25 highest paid baseball players in 2014 - irishvol, 2014-07-10, 08:25
        
        Wow, all I can say is it must suck to be a Phillies fan - Jack, 2014-07-10, 09:04
        
        And it's not Gordon Hayward's fault - Jim (fisherj08), 2014-07-10, 08:29
      - NBA superstars are actually underpaid relative to market - Mike (bart), 2014-07-10, 07:52
        
        That's not what that article says at all - Jeff (BGS), 2014-07-10, 08:26
        
        True, it was my closest at hand google result - Mike (bart), 2014-07-10, 08:42
- I hope the Cavs announce this in comic sans - NDTex, 2014-07-10, 04:48
- Can we still talk about him on this site? - Geoff, 2014-07-10, 04:18
- Accurate or otherwise... - KGB, 2014-07-10, 03:05
- Nobody should ever trust Chris Broussard, though. - Jim (fisherj08), 2014-07-09, 22:01
  - Broussard used to be very respected - HullieAndMikes, 2014-07-10, 06:14
  - A race to the bottom - hobbs, 2014-07-09, 22:03
    - Smith got the scoop first last time. - Glass, 2014-07-09, 22:21
    - I prefer Broussard to Stephen A. - Brendan, 2014-07-09, 22:10
- I don't care about the NBA. - Silk, 2014-07-09, 20:52
- If that happens - - MattG, 2014-07-09, 20:11
  - That was a really nice call. - hobbs, 2014-07-09, 20:55
  - Damn, that's impressive - BPH, 2014-07-09, 20:36
- Were those words used? Because at least in college football - BillyGoat, 2014-07-09, 19:41
  - He "is returning" to the Cavs, per Sheridan's source - BPH, 2014-07-09, 19:55
    - Well, then that's fine. - BillyGoat, 2014-07-09, 20:05
- pro sports are weird - Jay, 2014-07-09, 19:37

the Polo Grounds

True, it was my closest at hand google result