Wednesday, June 9, 2010

DOOMS DAY JULY, 1ST

                                         LeBron James

Now everybody is worrying about July,1st. Everyone wants to know what will Lebron do? 
Which team makes the most sense for him? Which city would be most comfortable in? Which wingman would be best fit? Most important who will help him get a ring! ?

Lebron wants to be the first billion-dollar athlete but tiger woods and Michael Jordan both appear to beaten him to that. James should stay where he is, with the Cleveland Cavaliers. He can earn  more money by staying where he is. 

The numbers won't appear now until july, but Cleveland, his home town will be able to offer LeBron a six year deal worth $126 million. The biggest contract any other team can offer such as the Knicks is a five year deal worth $30 million less. This is why he may stay with his home town. 

But, we all know players like Lebron make many more dollars off the court, working with endorsements. In 2009,Forbes magazine ranked Lebron as the sixth richest athlete in the world, with an estimate $40 million in earnings, less then half of that was his salary with the cavaliers. 

Some say that New York is the other most appealing option for Lebron. Thats not a lie, there is the opportunity to play 41 plus times per season in Madison Square Garden. Playing in his home town doesn't seem to hurt him in terms of merchandise sales. 

Mr. James is already awash endorsements. He signed a seven year, $93 million deal with Nike before he even graduated from high school. In addition, he has deals with McDonald's, Coca Cola and state farm.

So do money really matters? not really. Lebron is making millions from other comapanies then the NBA. Its just the matter of players that he could work with. July will he a opening month for most Lebron and Cleveland fans. 

Will He stay? Will he come to New York? Is his choice Correct? We Will see!

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