The Regime Posted May 19, 2010 Report Share Posted May 19, 2010 The National Editor of Forbes predicts that LeBron James will join the Knicks, with one of the major financial drivers being James' ability to buy shares in the publicly-traded New York franchise. The Knicks cannot compensate James with shares in the organization, Madison Square Garden, but James would be able to invest his personal wealth to acquire the public stocks. The theory is that these stocks would dramatically increase in value with James playing for the Knicks. "Now I am telling you next season LeBron will be playing for the New York Knicks because this January they became the only franchise that can use their stock as currency," writes Ozanian. "This would allow James to in essence work for himself and capture the upside in revenue from higher ratings on the MSG RSN, a soon-to-be renovated Madison Square Garden and much higher profits he will bring to these platforms," he explains. In his position at Forbes, Ozanian specializes in corporate earnings, economics and sports team valuations. http://realgm.com/src_wiretap_archives/66662/20100518/forbes_lebron_could_buy_ownership_in_knicks/ Quote Link to comment Share on other sites More sharing options...
NomarFachix Posted May 19, 2010 Report Share Posted May 19, 2010 Quote Link to comment Share on other sites More sharing options...
Owner Real Deal Posted May 19, 2010 Owner Report Share Posted May 19, 2010 Or, he can live the life of the Russian billionaire, and have access to more money than he ever imagined. Or, he could be fully committed to winning championships, and join Wade in Miami and work on a dynasty. I can't look too much into this yet. There are way too many factors that can sway his decision one way or another. Quote Link to comment Share on other sites More sharing options...
Art Posted May 19, 2010 Report Share Posted May 19, 2010 This would be really cool if he could invest in them and play for another team. This just is not enough leverage alone to make him sign there. Quote Link to comment Share on other sites More sharing options...
EastCoastNiner Posted May 19, 2010 Report Share Posted May 19, 2010 LeBron James and Dwayne Wade to NEW JERSEY! Or, LeBron James and Amare Stoudemire to NEW JERSEY! Quote Link to comment Share on other sites More sharing options...
fish7718 Posted May 19, 2010 Report Share Posted May 19, 2010 LeBron James and Dwayne Wade to NEW JERSEY! Or, LeBron James and Amare Stoudemire to NEW JERSEY!You becoming a Nets fan? Quote Link to comment Share on other sites More sharing options...
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