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Lebron Considers Europe, only for $50 Million

Wed, Aug 6, 2008 By Tariq Ali

LeBron James, Off Topics

A source close to Lebron James said that Lebron “would strongly consider playing overseas if he was offered a salary of “around $50 million a year.”

Lebron James’ current contract expires after the 2009-10 season. Because of salary cap, no team in the NBA can offer James more than 20 million a year.

According to ESPN, The Russian team CSKA Moscow and the Greek team Olympiacos, have already contacted James, no monetary or contractual discussions have taken place according to the person close to James.

But is it even possible for a Euro team to pay that much money?

“it is within the realm of possibility, considering the reported $250 million contract David Beckham received two years ago to join Major League Soccer, the $33 million Michael Jordan was paid by the Chicago Bulls for the 1997-98 season, the strength of the euro in comparison to the dollar, and the fact that European clubs are not bound by a salary cap”

James might strongly consider this (do you blame him?) for one or two year. It is an opportunity to make a lot of money plus popularize his name overseas and the game. The Major League Soccer paid David Beckham $250 million to play in the U.S for two five years in hopes to popularize the game. Same might happen with James or any other NBA superstar.

The NBA is not concerned
“NBA’s president of league and basketball operations, said the league is not concerned about this developing trend.

“I don’t want to say it’s much ado about nothing, but we think it’s overblown a bit,” Litvin said. “It’s not something we’re losing sleep over.”

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Tariq Ali, is the founder of CavsNews.com. Tariq grew up watching and playing soccer but his heart was always in Basketball. Tariq arrived in Cleveland in 1993 and turned into a Cavaliers fan since.

Read other articles by Tariq Ali

4 Responses to “Lebron Considers Europe, only for $50 Million”

  1. Angel says:

    ” The Major League Soccer paid David Beckham $250 million to play in the U.S for two years in hopes to popularize the game.”

    This part of the news is wrong. MLS pays Beckham $400.000 a year. About 5M comes from the owners of LA Galaxy, and temptatively a 45M would come from part of Jersey sales and some other publicity. The estimated was 250M for 5 years, not for 2 years.
    Please verify your sources so, a wrong information isn’t unnecesarily spread.

  2. Eric says:

    Only 50 million a year.He doesn’t expect too much , does he? haha

  3. Simon says:

    Just as you wouldn’t write “The Major League Baseball” you shouldn’t write “The Major League Soccer.” It is simply Major League Soccer when referred to in a sentence. Think of it this way, the last word in the league’s name is a sport, not an entity – i.e. league. You wouldn’t say “the soccer” but would say “the league.” So no the for Major League Soccer, Major League Baseball, Major League Lacrosse, but use a the before the National Football League, the National Basketball Association, the National Hockey League. Hope this helps.

  4. LEBRON GET PAID MAN!!! Get Paid LEBRON, GO GO GO GO For the money Bro, Imagine a 5 year 50 million Dollar deal, with Bonuses! WHOOO HOO! THats enough paper to build a forest, and if they put it in EUROS, thats like 400 Mill :)

    GET PAID LEBRON GET MONEY! All the way from Akron to the WORLD!

    OHIO STATE BUCKEYES NATIONAL CHAMPS 2008 – 2009 SEASON!

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