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As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by DailyMail:

The I Promise public school that LeBron James opened for disadvantaged youngsters in his hometown of Akron, Ohio, will eventually end up costing district taxpayers roughly $8 million each year.

Akron school district spokesman Mark Williamson said: ‘The coverage made it look like the whole thing is his. He did a lot, but taxpayers should know it’s their investment too.’

Taxpayers will foot the bill because the school is a joint effort between Akron Public Schools, which covers the daily running of the school, and LeBron’s foundation.

The article goes on to state the following:

It is the product of a decade’s worth of work and as a public school it is not run for profit.

District officials are still trying to finalize the contract details for the school, Cleveland.com reports.

The NBA star was widely praised and received national media coverage for his support of at-risk children when the school officially opened last month.

He personally donated millions through his LeBron James Family Foundation, worked to secure sponsorship and will ultimately have a huge influence on the school program.

But the Akron district will actually end up paying around 75 percent of costs – $8 million – once it is fully established.

The district will hire and pay the teachers and administration and pupils will ride district buses to school.

The costs will mostly be covered by moving teachers, students and funds from other schools, according to the district.

LeBron’s foundation will contribute $2 million a year when the school is functioning at full capacity with all eight grades. Currently, it is only catering for third and fourth graders.

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6 COMMENTS

  1. All this did was make him look good. The reality of this is…..NOTHING in life is free. Someone, some where has to pay for this. Just like the idiotic “Obamacare” that was shoved down our throats….it sounds good on paper, but when it all gets figured out, the cost comes out of the tax payer’s pockets. Same old story. So go ahead and heap all the praise you want to on LeBron….the Presidential trash talker….and trust me, to these pro athletes, $2 million a year is chicken feed.

  2. Labron’s program should also include a mother and a father for each child. Then a new house for each child with a swing set in the big back yard. Oh and while he is at it a free christmas tree and presents under it. How does this seem possible ? Oh that’s right GOOD GOdly Labron will get all the community to pay more taxes whether or not they are just making ends meet or are rich. This is very suspiciously like a communistic ideology. He is the recipient of other peoples forced taxes and he get exalted for his magnanimity. What a scam.

  3. Jesus Christ. The guy is doing a great thing. Taxpayers are more than likely just cost shifting from these kids being elsewhere where they are falling thru the cracks. So no new additional spending. He is giving 2 Million a year for operating expenses. It’s admirable. Who else is funding a school like that?

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