Bad intial call or bad make up call?

LeBron James was fouled on his alley-opp attempt point blank. Danny Granger had no view of the ball in flight when he attempted to break up the pass. There was a substantial amount of lower body contact as well. Granger even added the late fist pump to signify the illusion of good defense. On a side note I think basketball players are the best non-professional actors in the entertainment business, maybe they should give NBA players more roles and musical artists less...
James made a great play on the ball. He saw the ball the whole way and made little to no contact with Granger. Send the teams to overtime at worst, don't compound the situation with a make up call.
People say "How can you make that call" so late in a game. A foul is a foul whether is 8:00 left in the 1st quarter or 0.08 left in the fourth. You can't wait until the end of the game to let the players decide the game, they should have the opportunity to decide it throughout the course of the game.