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LeBron James officially a free agent today.
Always everything but three city mayors state governors NBA team owners all -- to woo the basketball superstar.
With the -- he can't refuse but it will run -- the New York Knicks he couldn't make their stock go up.
Literally New -- -- the only franchise were LeBron has the option to invest buying shares up and as G meaning Kane James good is to actually invest in himself.
Which have Robert tuchman saying if LeBron wants to make money be crazy.
Not to come to the Big Apple.
His executive vice president of premier sports and he joins me now that you know that is such an interest in concept.
Because obviously -- because we keep hearing about the economic impact will it be amazing if he had stock in that team and courses stock took off.
Out for sure if you look at it you know every place that he goes because of the salary cap in the NBA.
You're only gonna make a certain amount of money sixteen million plus per season.
But if you -- in stock in -- company and you can affect that stock price well the sky's the limit.
Do you think.
That is the other teams obviously gonna say wait a minute you know we're not publicly traded it's not fair.
Legally could get good garden say or you know the knicks organization say.
We're gonna give you stock at cost options stock options maybe twenty million shares and for the next five years to get them wherever you -- about a line you can haven't at this price over the next twenty years.
I am sure there are enough loopholes and I'm sure the New York Knicks are well aware those loopholes right now.
That if they wanted to offer stock they could but you know.
There's a lot of wild card to mean that the Russian billionaire from the nets I mean I wouldn't be surprised at back I was willing offer some percentage of the -- I mean.
That's how much these people are going after LeBron it's really incredible.
It really is incredible why is -- this incredible well I just think if you look at it and you look at free agency there's never been a year like this since free agencies started.
And if you look at LeBron and what happens you know in terms of the NBA it's a storm -- so.
If you get one or two players all of a sudden you're in contention mean you're talking about the nets who went 1213 games lasted a knicks who have been horrible for ten years.
You get a LeBron you get another guy and all -- on your contending for titles.
But is that really about necessarily winning the title though -- that I mean it that's it -- -- just the marquis is it just well.
There is there's so much more to LeBron they're so much more -- star studded athletes than just winning and that's gonna increase ticket sales.
But if you bring LeBron to new you -- you -- increased sponsorship.
Travel into the city any meeting planners he's gonna do appearance -- There's so much more that he means to the economy he doesn't get ridiculous and number give us like a number for new -- became in New York what would it mean to New York city's economy well then the the economic development council put a study to get a couple months back they say if LeBron comes to New York he needs fifty million dollars -- The knicks have to go to the title -- who knows and they have to go to a game seven.
I think they were completely.
Conservative in in what they said.
I really believe he can be worth over a hundred million dollars to me because gonna buy a house in the Hamptons for about fifty million dollars at his apartment down the west village -- -- -- 18.
You know all of a sudden here you're adding up dollars but no I think they really went under on it and I think he's worked to help a lot more.
And -- I guess he's also considered as one of these once in a lifetime sort of guys I mean we did some other pretty some pretty good players.
That have been completely overshadow than this so -- free and I think he's not so -- a once in a lifetime type of guy I think it's the timing of everything the situation look.
Kobe Bryant has won five titles you know Jordan look how many titles he won.
But the timing is just right right now for LeBron so I think he's got a lot -- right to questions we got a minute left.
-- do you think's gonna get LeBron.
I think he's not gonna leave Cleveland I really think he's he's mid western kid.
And and you know he's he's he's humble in a lot of ways for all this attention.
I really think he feels most comfortable I do think there's an opportunity that he actually might go to Chicago was well.
All right well you almost -- -- the other one watching LeBron in the last two years in a playoff I don't think he has the mind set for New York City fans when they turn on you.
New York City fans are tough Chicago fans are tough -- and really you do have to have a certain mindset because you don't get that in Cleveland you don't get that was smaller you know cities.
And certainly if he comes here he doesn't play well there's going to be a lot of -- -- you have to remember even though one or two players can make a team.
You know if you the next he's still need a coach you still need you know other -- around -- it's not just disease if I'm coming here and winning a title so.
It could be could be a trouble situation form as much as I want him in New York exact area -- -- -- -- thanks a lot really appreciate it.
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