Lebron donates cash to Obama

The Cleveland Plain Dealer reports: LeBronĀ  James has lavished a little more than 0.1 percent of his 2008-09 salary of $14.4 million on the presumptive Democratic presidential candidate, Barack Obama, according to Federal Election Commission records. In June, the Cavaliers star donated $20,000 to the Democratic White House Victory Fund, a joint committee set up by Obama and the Democratic Party for the presidential race. Supporting a political candidate is a risky move for an athlete who has a $100 million contract with Nike, and depends on shoe sales for part of his income. But in this case it’s not foolish, according to one sports marketing expert.

Author: Inside Hoops

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