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Louis Farrakhan -- NBA Is Modern Day Slavery ... They Buy Us, Trap Us

LeBron James is nothing but a modern day slave ... owned by the white man -- in a system designed to chew him up and spit him out ... so says Louis Farrakhan.

The leader of the Nation of Islam was speaking at a Saviours' Day event in Detroit when he warned community leaders to NOT put up basketball courts in the community.

"Please don’t put up another basketball court thinking that you're giving back to the black community ... basketball courts are a training ground for a basketball plantation."

Farrakhan compared the NBA Draft -- and other pro sports -- of participating in a system not unlike the slavery auction block.