Just the Facts with Gerald Posner

Just the Facts with Gerald Posner

A Murder Bounty, James Earl Ray, and a Motive Called Money

Fresh claims from a dying St. Louis career criminal strengthen the case that cash, not ideology, might have been behind the assassination of Martin Luther King Jr.

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Gerald Posner
Dec 04, 2025
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When I wrote Killing the Dream in 1998, one of the most unsettling threads about the possible motive for James Earl Ray—the assassin of Martin Luther King, Jr— ran through a small circle of St. Louis criminals and segregationist businessmen. At the center was a low-level hood named Russell G. Byers and a reported $50,000 bounty to kill King. In its reexamination of the King assassination in the late 1970s, the House Select Committee had given credence that such a bounty existed.

A new Slate article by Nina Gilden Seavey revisits Byers just before his death at ninety-four and adds a critically important claim to the record: that Byers lied to the House Select Committee on Assassinations in 1978 on whether he told anyone about that bounty before King’s murder.

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The background

The House Select Committee had uncovered Byers’ account of a 1966–67 offer to kill King…

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