Childs2Dudley wrote:

djsunyc wrote:so now there are lebron to bulls rumors?

maybe there's a reason he's switching his # from 23 to 6...

He can switch numbers if he leaves his team either way.

yeah, the only reason to file for a switch is if he stays in cleveland. way to crack the case detective dj.

http://blogs.forbes.com/sportsmoney/2010/05/the-new-york-knicks-will-get-lebron-james/

A year ago I wrote that the sale of 15% of the Cleveland Cavaliers and operating rights to Quicken Loans Arena to Chinese investors meant LeBron James would bolt Cleveland when he became a free agent. 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.

They cannot pay James with MSG stock because it would violate the league's collective bargaining agreement. But there is nothing to stop James from buying shares of MSG with his money. 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.

Pharzeone wrote:

nyk4ever wrote:Now THIS is really interesting.....

http://blogs.forbes.com/sportsmoney/2010/05/the-new-york-knicks-will-get-lebron-james/

A year ago I wrote that the sale of 15% of the Cleveland Cavaliers and operating rights to Quicken Loans Arena to Chinese investors meant LeBron James would bolt Cleveland when he became a free agent. 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.

They cannot pay James with MSG stock because it would violate the league's collective bargaining agreement. But there is nothing to stop James from buying shares of MSG with his money. 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.

Not really. Not hating on you but I can't believe Forbes would put out dribble like this. It's basically saying that he is using his own money to buy shares in MSG. No different if Gilbert Arenas uses his money that Wizards pay him to buy MSG shares. Or say Joe Johnson or etc. etc. What's next offering him the option of riding the subway if he buys his own metrocard.

How else do you purchase shares in a company? Do you use someone else's money? The point of his investment is that he'd make that back 5 times over, if not more.

Childs2Dudley wrote:

Pharzeone wrote:

nyk4ever wrote:Now THIS is really interesting.....

http://blogs.forbes.com/sportsmoney/2010/05/the-new-york-knicks-will-get-lebron-james/

A year ago I wrote that the sale of 15% of the Cleveland Cavaliers and operating rights to Quicken Loans Arena to Chinese investors meant LeBron James would bolt Cleveland when he became a free agent. 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.

They cannot pay James with MSG stock because it would violate the league's collective bargaining agreement. But there is nothing to stop James from buying shares of MSG with his money. 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.

Not really. Not hating on you but I can't believe Forbes would put out dribble like this. It's basically saying that he is using his own money to buy shares in MSG. No different if Gilbert Arenas uses his money that Wizards pay him to buy MSG shares. Or say Joe Johnson or etc. etc. What's next offering him the option of riding the subway if he buys his own metrocard.

How else do you purchase shares in a company? Do you use someone else's money? The point of his investment is that he'd make that back 5 times over, if not more.

(1) stock options benefits. (2) debt converted stock.

What's the point of this as an incentive? He could sign with another team and still buy the same MSG stock which is available to any investor. I mean this more for Lebron's financial portfolio than an incentive to sign with the Knicks.

In fact eveyone here can buy MSG stock, but Lebron himself can own it and impact it. If Nalod signs on as an MSG exec nothing gonna happen. If Marv signs on employee morale might not go up, but it will seem like it does. If DJ signs on, MDA might have a senior moment and suit his ass up.

If Islefans gets on board the marketing department will need Xanex.

Pharzeone wrote:

Childs2Dudley wrote:

Pharzeone wrote:

nyk4ever wrote:Now THIS is really interesting.....

http://blogs.forbes.com/sportsmoney/2010/05/the-new-york-knicks-will-get-lebron-james/

A year ago I wrote that the sale of 15% of the Cleveland Cavaliers and operating rights to Quicken Loans Arena to Chinese investors meant LeBron James would bolt Cleveland when he became a free agent. 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.

They cannot pay James with MSG stock because it would violate the league's collective bargaining agreement. But there is nothing to stop James from buying shares of MSG with his money. 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.

Not really. Not hating on you but I can't believe Forbes would put out dribble like this. It's basically saying that he is using his own money to buy shares in MSG. No different if Gilbert Arenas uses his money that Wizards pay him to buy MSG shares. Or say Joe Johnson or etc. etc. What's next offering him the option of riding the subway if he buys his own metrocard.

How else do you purchase shares in a company? Do you use someone else's money? The point of his investment is that he'd make that back 5 times over, if not more.

(1) stock options benefits. (2) debt converted stock.

What's the point of this as an incentive? He could sign with another team and still buy the same MSG stock which is available to any investor. I mean this more for Lebron's financial portfolio than an incentive to sign with the Knicks.

No, it's not the same. LBJ is one of the best basketball players alive. He could change the fortunes of the franchise himself. This is putting your money where your mouth is. I've seen estimates that each home playoff game nets $3 million in profit. He'd be able to own equity in a company where his presence makes the team valuable, plus have a say in business affairs.

The Arenas example is off too. That's like discussing an Apple employee, and saying what's the difference between owning a lot of Apple stock versus Microsoft? The work dynamic is different. The principal-agent dilemma is (partially) overcome. The Apple employee becomes more powerful and has a significantly greater say in strategic and executive manners, not just operations.

It's a chance for LeBron to participate in operations, own a business, have more say in his imaging and the strategic vision of the company. It's a chance for him to capture $8 hot dog and $14 beer revenues.

This is a pretty big deal

The UK stock club begins!

Islesfan shorts the stock, Briggy trades it, Marv Explains it, Martin is complience and Papa Bear goes Madoff on it!

Pharzeone wrote:

Childs2Dudley wrote:

Pharzeone wrote:

nyk4ever wrote:Now THIS is really interesting.....

http://blogs.forbes.com/sportsmoney/2010/05/the-new-york-knicks-will-get-lebron-james/

A year ago I wrote that the sale of 15% of the Cleveland Cavaliers and operating rights to Quicken Loans Arena to Chinese investors meant LeBron James would bolt Cleveland when he became a free agent. 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.

They cannot pay James with MSG stock because it would violate the league's collective bargaining agreement. But there is nothing to stop James from buying shares of MSG with his money. 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.

Not really. Not hating on you but I can't believe Forbes would put out dribble like this. It's basically saying that he is using his own money to buy shares in MSG. No different if Gilbert Arenas uses his money that Wizards pay him to buy MSG shares. Or say Joe Johnson or etc. etc. What's next offering him the option of riding the subway if he buys his own metrocard.

How else do you purchase shares in a company? Do you use someone else's money? The point of his investment is that he'd make that back 5 times over, if not more.

(1) stock options benefits. (2) debt converted stock.

What's the point of this as an incentive? He could sign with another team and still buy the same MSG stock which is available to any investor. I mean this more for Lebron's financial portfolio than an incentive to sign with the Knicks.

Because by playing for the Knicks he would be able to dramatically impact the value of those shares. Who in the world would buy shares in a company as feckless as the Garden if it didn't have Lebron running the offense?

AnubisADL wrote:The problem some fail to realize is MSG is just more than the Knicks. Getting Lebron isnt going to send MSG stock sky high.

agreed--and LeBron wants to get involved with more than basketball. He's boys with Warren Buffet. This could be a way for him to grow as a businessman

Pharzeone wrote:

nyk4ever wrote:Now THIS is really interesting.....

http://blogs.forbes.com/sportsmoney/2010/05/the-new-york-knicks-will-get-lebron-james/

A year ago I wrote that the sale of 15% of the Cleveland Cavaliers and operating rights to Quicken Loans Arena to Chinese investors meant LeBron James would bolt Cleveland when he became a free agent. 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.

They cannot pay James with MSG stock because it would violate the league's collective bargaining agreement. But there is nothing to stop James from buying shares of MSG with his money. 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.

Not really. Not hating on you but I can't believe Forbes would put out dribble like this. It's basically saying that he is using his own money to buy shares in MSG. No different if Gilbert Arenas uses his money that Wizards pay him to buy MSG shares. Or say Joe Johnson or etc. etc. What's next offering him the option of riding the subway if he buys his own metrocard.

but they can give him the stocks for damn near NOTHING. Pretty damn smart if you ask me