The LeBron James Thread

[bigfnjoe96]

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?

He can't personally own stock, but he can have family members invest in MSG Stock

[da ThRONe]

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

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

Does it?

I'm sure the billion is predicated on the Knicks being a championship team.

[BlueNGold]

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

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.

If LeBron goes to the Knicks, it's no better than the team he was just on. At least IMO.

[ehh]

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

If LeBron goes to the Knicks, it's no better than the team he was just on. At least IMO.

The Knicks could sign LeBron and Bosh/Amare and still wouldn't make the playoffs in the East IMO

[BlueNGold]

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

The Knicks could sign LeBron and Bosh/Amare and still wouldn't make the playoffs in the East IMO

I think they could probably make the playoffs considering it's the East but it wouldn't be a top 3 seed and they would do nothing outside of that.

[King_B_Mack]

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

The Knicks could sign LeBron and Bosh/Amare and still wouldn't make the playoffs in the East IMO

I dunno about that. They may make the playoffs, but they'll probably lose in the first round. But it's hard to say with any certainty when you don't know what the east will look like yet.

[Bornindamecca]

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

If LeBron goes to the Knicks, it's no better than the team he was just on. At least IMO.

The biggest difference is age and flexibility. Cleveland currently has no upside in its core of Williams, Verjao and Jamison to add to Lebron. Whatever any of the cap space teams surround him with will have a bigger, better window. Cleveland is a 60 win team, so you don't have to be better than them in the regular season. You just have to match up better with Orlando, Boston, and whatever happens with Miami/Chicago.

[ProfessaPackMan]

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

And looking at the talent on the Knicks(assuming that Lebron goes there)you think THEY have the talent to match up with either of those teams and including LA?

[Bornindamecca]

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

And looking at the talent on the Knicks(assuming that Lebron goes there)you think THEY have the talent to match up with either of those teams and including LA?

As I mentioned, the Knicks have like four or five players, and about 47 million to spend between this offseason and next offseason. So judging their roster right now is a little silly, considering they don't have a roster. Now looking at what we do have, I like the players that are there, sans Curry who is either trade bait or cap relief.

[Cebby]

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.

My computer models say that Lebron has a 76% chance of being elected president if he plays in Washington, D.C.

A quick google search says that Jordan is worth about 500 million. Lebron will make more in basketball contract, but I have no reason to believe his shoe and advertising money will touch Jordan's.

Tiger Woods just earned a billion (however he isn't worth anywhere close to a billion because of taxes) and his earnings are much more than Lebron's.

[Bornindamecca]

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

It always cracks me up when people who don't have millions of dollars act like they know the ins and outs of how big money works. Not that Lebron is even big money. He's more like medium money. Dolan, Prok and Bloomberg are big money, and they hire tried and trusted business specialists to know how to irrigate the flows of money depending on the details of the resources.

When people argue against it, they literally display no knowledge on the subject, citing anecdotal and peripheral information mostly gleaned from shoddy internet sources. I don't think there's a single person on this board who can explain how or why Dolan believes Lebron will earn at least 30% more in NYC, or why a championship would be worth 60mil more than in Cleveland. Nor can you give a detailed rebuttal of that reasoning.

If anyone can, please, please put that info up here, so the armchair business men have something as the base for their sarcasms.

[King_B_Mack]

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

My computer models say that Lebron has a 76% chance of being elected president if he plays in Washington, D.C.

A quick google search says that Jordan is worth about 500 million. Lebron will make more in basketball contract, but I have no reason to believe his shoe and advertising money will touch Jordan's.

Tiger Woods just earned a billion (however he isn't worth anywhere close to a billion because of taxes) and his earnings are much more than Lebron's.

Keep in mind Michael's divorce changes what his actual earnings should be. I still don't see these extra opportunities that are available in New York and not anywhere else. What, LeBron's going to advertise for Ray's Pizza #4 in NYC and make 10 mil off that deal? It's not like he's going to be endorsing the local used car lot here or in Cleveland or wherever. Whether he's in New York or Miami, Chicago or whever the endorsments are gonna be there. Gatorade, Nike, McDonald's, Burger King, All-State, State Farm, Subway, whoever the big, national brands are that can help spread his name will be available wherever he is. This argument is a bigger myth than Reinsdorf not wanting to pay players. Like if Hanes wants LeBron doing underwear commercial they're going to say

Exec 1: "Where's that LeBron guy everyone's always talking about? He staying in the Bronx?"

Exec 2: "Actually sir, he's in Miami."

Exec 1: "What?! You mean he doesn't live in New York? Screw that go get me David Lee."

[King_B_Mack]

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

It always cracks me up when people who don't have millions of dollars act like they know the ins and outs of how big money works. Not that Lebron is even big money. He's more like medium money. Dolan, Prok and Bloomberg are big money, and they hire tried and trusted business specialists to know how to irrigate the flows of money depending on the details of the resources.

When people argue against it, they literally display no knowledge on the subject, citing anecdotal and peripheral information mostly gleaned from shoddy internet sources. I don't think there's a single person on this board who can explain how or why Dolan believes Lebron will earn at least 30% more in NYC, or why a championship would be worth 60mil more than in Cleveland. Nor can you give a detailed rebuttal of that reasoning.

If anyone can, please, please put that info up here, so the armchair business men have something as the base for their sarcasms.

The country is in the worst economic state it's been in most of our lifetimes. The same kind of tried and trusted people were making bad investments and misjudging markets to get the place like that in the first place, let's not act like it's a perfect science to this.

[OSUFan_88]

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

The country is in the worst economic state it's been in most of our lifetimes. The same kind of tried and trusted people were making bad investments and misjudging markets to get the place like that in the first place, let's not act like it's a perfect science to this.

Don't let that get in the way of perfectly good cheerleading for NY.

[ProfessaPackMan]

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

In the end, why does it really matter to US how much HE(Lebron)can make in a lifetime? Because all that'll really matter to US is how many Championships did he win for YOUR team.

Never understood why people have such an infatuation with that...