Business & Media Institute, LeBronomics: Could High Taxes Influence James' Team Decision?:

While sports reporters have sought agents and teammates for the inside scoop on where NBA superstar free agent LeBron James will sign, there’s another person who may know The King’s next move: his accountant.

[Here are the projected state and local taxes on a five-year, $96 million contract:

• $12.34m:  New York Knicks
• $10.32m:  New Jersey Nets
• $5.69m:   Cleveland Cavaliers
• $2.85m:   Chicago Bulls
• $0:    Miami Heat

Of course, the state and local tax treatment is much more complicated than these purported figures suggest.  For a detailed discussion, see:

• Sports Law Blog, Lebron James and his Big Decision: Thoughts on Role of Endorsement Income Potential and State Income Taxes
• Tax Foundation, State Jock Taxes: Is LeBron Better Off in Miami?

(Hat Tip: Len Burman.)