The LeBron James Thread

[DieHardYankee26]

Re: The Official "Where is LeBron going?" Thread

Has anyone seen Walsh's wrap up? Pretty much it's like this:

Walsh: "We talked about the New York Knicks and his future. Non committal meeting. But we explained our franchise, explained the Knicks, and explained what we're trying to do."

Reporter: "Did LeBron ask any questions?"

Walsh: "Oh we're not going to talk about what we discussed during the meeting."

What?!? You just finished talking about what you talked about, now you're saying you don't want to talk about what you talked about?

[ehh]

Re: The Official "Where is LeBron going?" Thread

I wouldn't talk either if I was in Walsh's situation. What's the benefit of doing so?

[ezekiel55]

Re: The Official "Where is LeBron going?" Thread

Has anyone seen Walsh's wrap up? Pretty much it's like this:

Walsh: "We talked about the New York Knicks and his future. Non committal meeting. But we explained our franchise, explained the Knicks, and explained what we're trying to do."

Reporter: "Did LeBron ask any questions?"

Walsh: "Oh we're not going to talk about what we discussed during the meeting."

What?!? You just finished talking about what you talked about, now you're saying you don't want to talk about what you talked about?

He obviously meant specifics.

[bigfnjoe96]

Re: The Official "Where is LeBron going?" Thread

Hard when you're asking a player to take a cut like that. Especially two. Money talks. Especially when others with less skill are getting paid more.

That is a ridiculously simple way of looking at that.

He has to sell TWO max players to convince them to take a lot less money to come play with him in NYC. That's not even close to an easy sell.

Again IMO there's nothing wrong with presenting options to a player. You know Walsh didn't go into today's meeting thinking ima strong arm LBJ into taking $11 million so we can sigh 2 other players. If the reports are true (about the Knicks presenting this 2nd option) they simply went into the meeting and presented a couple of different courses of action. And I'm pretty certain that LeBron is smart enough to understand that nobody's trying to low-ball him. I seriously doubt the Knicks went-in trying to insult or disrespect anyone.

[ehh]

Re: The Official "Where is LeBron going?" Thread

Wwharton and Cebby, you oughta love this............

What The Knicks Just Told LeBron: Come To New York And Make $1 Billion

Steven BertoniBio | Email
Steven Bertoni is a Global Wealth reporter for Forbes.


The Knicks just finished pitching LeBron James. Their main selling point: You could make a billion dollars playing in New York. You can't earn anything close to that anywhere else.

To make the case, they commissioned a study from marketing consultant Interbrand (See the powerpoint below--hit "full screen" to view.) that says LeBron could earn close to $1 billion over his lifetime in salary and endorsements if he makes Madison Square Garden his permanent home--their high-end estimate sees him earning as much as $2 billion. That outshines the estimated $700 million he’d likely earn in Cleveland, the $690 million in Chicago, and $600 million in Miami.

It’s a crafty attack that goes right after their rivals' best case for nabbing LeBron: that his brand is so internationally recognizable, where he plays has little influence on his overall earnings. In fact, the same study claims that any generic free agent could see his lifetime earnings jump 30% by signing with the Knicks.

To come up with the numbers for the Knicks, Interbrand says it ran through 50,000 computer models of a potential LeBron career, using more than 200 variables like individual performance, fan demographics and championships. The report is light on the details of its methodology, but comes to this conclusion: LeBron has a 50% chance of earning at least $1 billion in New York. In Cleveland and Chicago the odds fall to 1%. The study put a 0% chance of LeBron making $1 billion playing for Miami.

Included in Interbrand's math: an NBA title in New York could be worth $240 million to LeBron, about $60 million more than if he brought a ring home to Cleveland, and more than double the value of a Chicago championship. Why? NYC is a huge market, the business capital of the world and home to a large (and wealthy) fan base hungry for a winning team--the Knicks haven’t held the title since 1973. LeBron already owns Cleveland, a small city with little clout. Michael Jordan’s six championships still hover over Chicago. Miami has a fickle fan base, a recent title and its own superstar in Dwayne Wade.

Over the past year, Forbes estimates that LeBron earned $43 million in salary and endorsements (including Nike, State Farm Insurance, Coke, McDonalds and Upper Deck) playing for small market Cleveland. Good money, but a billion dollars it is not.

[da ThRONe]

Re: The Official "Where is LeBron going?" Thread

ESPN reports LBJ will make his decision on the 5th of July.

[Altimus]

Re: The Official "Where is LeBron going?" Thread

ESPN reports LBJ will make his decision on the 5th of July.

Since he picked a date before he met anyone, I'd say he has a very good idea of where he is going to go.

[ProfessaPackMan]

Re: The Official "Where is LeBron going?" Thread

$20 says he'll delay the decision and postpone it for another day or 2.

[bigfnjoe96]

Re: The Official "Where is LeBron going?" Thread

Since he picked a date before he met anyone, I'd say he has a very good idea of where he is going to go.

It's also been reported he picked that date because he begins a basketball CAMP that week & doesn't want to be asked all types of questions on where he's going

[BlueNGold]

Re: The Official "Where is LeBron going?" Thread

Wwharton and Cebby, you oughta love this............

What The Knicks Just Told LeBron: Come To New York And Make $1 Billion

Steven BertoniBio | Email
Steven Bertoni is a Global Wealth reporter for Forbes.


The Knicks just finished pitching LeBron James. Their main selling point: You could make a billion dollars playing in New York. You can't earn anything close to that anywhere else.

To make the case, they commissioned a study from marketing consultant Interbrand (See the powerpoint below--hit "full screen" to view.) that says LeBron could earn close to $1 billion over his lifetime in salary and endorsements if he makes Madison Square Garden his permanent home--their high-end estimate sees him earning as much as $2 billion. That outshines the estimated $700 million he’d likely earn in Cleveland, the $690 million in Chicago, and $600 million in Miami.

It’s a crafty attack that goes right after their rivals' best case for nabbing LeBron: that his brand is so internationally recognizable, where he plays has little influence on his overall earnings. In fact, the same study claims that any generic free agent could see his lifetime earnings jump 30% by signing with the Knicks.

To come up with the numbers for the Knicks, Interbrand says it ran through 50,000 computer models of a potential LeBron career, using more than 200 variables like individual performance, fan demographics and championships. The report is light on the details of its methodology, but comes to this conclusion: LeBron has a 50% chance of earning at least $1 billion in New York. In Cleveland and Chicago the odds fall to 1%. The study put a 0% chance of LeBron making $1 billion playing for Miami.

Included in Interbrand's math: an NBA title in New York could be worth $240 million to LeBron, about $60 million more than if he brought a ring home to Cleveland, and more than double the value of a Chicago championship. Why? NYC is a huge market, the business capital of the world and home to a large (and wealthy) fan base hungry for a winning team--the Knicks haven’t held the title since 1973. LeBron already owns Cleveland, a small city with little clout. Michael Jordan’s six championships still hover over Chicago. Miami has a fickle fan base, a recent title and its own superstar in Dwayne Wade.

Over the past year, Forbes estimates that LeBron earned $43 million in salary and endorsements (including Nike, State Farm Insurance, Coke, McDonalds and Upper Deck) playing for small market Cleveland. Good money, but a billion dollars it is not.

I hope they realize $1 billion doesn't make up for a ****ty team.

[da ThRONe]

Re: The Official "Where is LeBron going?" Thread

Wwharton and Cebby, you oughta love this............

What The Knicks Just Told LeBron: Come To New York And Make $1 Billion

Steven BertoniBio | Email
Steven Bertoni is a Global Wealth reporter for Forbes.


The Knicks just finished pitching LeBron James. Their main selling point: You could make a billion dollars playing in New York. You can't earn anything close to that anywhere else.

To make the case, they commissioned a study from marketing consultant Interbrand (See the powerpoint below--hit "full screen" to view.) that says LeBron could earn close to $1 billion over his lifetime in salary and endorsements if he makes Madison Square Garden his permanent home--their high-end estimate sees him earning as much as $2 billion. That outshines the estimated $700 million he’d likely earn in Cleveland, the $690 million in Chicago, and $600 million in Miami.

It’s a crafty attack that goes right after their rivals' best case for nabbing LeBron: that his brand is so internationally recognizable, where he plays has little influence on his overall earnings. In fact, the same study claims that any generic free agent could see his lifetime earnings jump 30% by signing with the Knicks.

To come up with the numbers for the Knicks, Interbrand says it ran through 50,000 computer models of a potential LeBron career, using more than 200 variables like individual performance, fan demographics and championships. The report is light on the details of its methodology, but comes to this conclusion: LeBron has a 50% chance of earning at least $1 billion in New York. In Cleveland and Chicago the odds fall to 1%. The study put a 0% chance of LeBron making $1 billion playing for Miami.

Included in Interbrand's math: an NBA title in New York could be worth $240 million to LeBron, about $60 million more than if he brought a ring home to Cleveland, and more than double the value of a Chicago championship. Why? NYC is a huge market, the business capital of the world and home to a large (and wealthy) fan base hungry for a winning team--the Knicks haven’t held the title since 1973. LeBron already owns Cleveland, a small city with little clout. Michael Jordan’s six championships still hover over Chicago. Miami has a fickle fan base, a recent title and its own superstar in Dwayne Wade.

Over the past year, Forbes estimates that LeBron earned $43 million in salary and endorsements (including Nike, State Farm Insurance, Coke, McDonalds and Upper Deck) playing for small market Cleveland. Good money, but a billion dollars it is not.

I could be wrong but wasnt there talk about LBJ being able to own stock in MSG if he played for the Knicks aswell?

[Bornindamecca]

Re: The Official "Where is LeBron going?" Thread

I hope they realize $1 billion doesn't make up for a ****ty team.

They aren't a ****ty team, they're an empty one. The only bad player on their roster is worth 11 million off the books next offseason. Every other roster spot is blank.

[Altimus]

Re: The Official "Where is LeBron going?" Thread

To a player that eyes open way wide to $, that is a great presentation. I wonder how the Bulls and Cavs will counter this now that they know.

[Kully]

Re: The Official "Where is LeBron going?" Thread

I could be wrong but wasnt there talk about LBJ being able to own stock in MSG if he played for the Knicks aswell?

iirc, the NBA shot that down real quick. CBA doesn't allow it. Just some fantasy.

found it: http://basketball.realgm.com/src_wir...are_of_knicks/

The NBA league office shot down a report in Forbes that LeBron James could own shares in Madison Square Garden as an incentive to sign with the Knicks this summer.

"Ownership of shares in MSG in a situation such as this would constitute Salary Cap circumvention," an NBA spokesman said.

[Bornindamecca]

Re: The Official "Where is LeBron going?" Thread

I could be wrong but wasnt there talk about LBJ being able to own stock in MSG if he played for the Knicks aswell?

Yeah. More specifically, Dolan is offering stock to all of the FA's he's recruiting. Here's the real trick though: They are renovating the Garden with something like 850 million bucks. Also, if the FA's sign and bring wins, they basically get paid twice for their own effort. It's like betting on yourself. In particular, Amar'e and Bosh stand to benefit greatly from this. I'd say JJ, but he's already benefitting from the Hawks paying him about a good 30% more than what he deserves.