Ed Morrison · Two interesting articles on a boring question: Whither Lebron?

June 20th, 2010

Two of the more interesting articles on a boring question: Will Lebron stay or go?

Economist John Skorburg of the University of Illinois Chicago estimates that James coming to the Bulls would be worth an extra $2.7 billion to the city of Chicago if the team can enjoy the same amount of success it did during the ’90s.

How much would LeBron James boost Chicago’s economy?

Business Week looks more closely at the problems of managing a superstar.

The hardest problems in business are the ones that money alone can’t solve. A gushing oil leak on the ocean floor is one example. LeBron James is another. When the 25-year-old aspiring “global icon” becomes a free agent on July 1, his price will be fixed. The rules worked out by the National Basketball Assn. owners and players union dictate that as a seven-year veteran, James can receive more than 30 percent of a team’s salary cap, which is projected to be $56.1 million next year. The Cleveland Cavaliers, his current employer and hometown team, can offer a six-year contract while the competition can offer only five, but regardless of where he signs, James will have to survive on an average of about $20 million a year.

A Problem Like LeBron

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