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In praise of sports stars leaving money on the table

Pro athletes accepting sub-market value contracts are making a business judgment

Stephen L Carter 

Lots of big salary news out of the National Basketball Association the past couple of weeks: Stephen Curry of the league-champion Golden State Warriors just signed a deal that will pay him $40 million a year for the next five seasons. James Harden of the Houston Rockets is guaranteed $228 million over the next six years. Everybody’s getting paid. Otto Porter Jr, the third-best player for the good-but-not-great Washington Wizards, will make $25 million a year. As long as professional sports have existed, fans have complained that players make too much money. But in an ...

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