Tag Archives: Nike

Nike Unveils Witness MVP t-shirt and Zoom LeBron VI

mvp-shoe-teeIn celebration of LeBron James being named the NBA’s Most Valuable Player for the 2008-09 season, Nike will unveil a commemorative Nike Witness MVP t-shirt and Zoom LeBron VI.

The Nike Witness t-shirt is available beginning today for a suggested retail price of $30.  The Zoom LeBron VI MVP edition will hit retail beginning May 30, for a suggested price of $150.

In addition to the special product, Nike will also update the Nike LeBron James Witness Billboard near Quicken Loans Arena with a laser show displaying “MVP” on the sign. The “MVP” Witness sign will be on display beginning tonight and will run throughout the length of the Cavs-Hawks game.

Finally, fans attending tonight’s game will be given a special “Witness MVP” sign to be held during the game.

Lebron James Considers Signing an extension with the Cavaliers

Before the team practice in Denver last Friday, Lebron James told reporters that he will consider signing an extension with the Cavaliers this summer(2009) and not wait until the 2010 season.

“You play out the season of course; I will consider it,” James said. “The direction we are headed is everything I expected and more.”

“I definitely want to keep an open mind, I will look at everything,” James said. “(The extension) is a good point. I think me and my group have pretty much made good decisions so far and we’ll look at the options and go from there.”

James signed a three-year, $43 million deal with the Cavaliers in 2006. The deal includes a player option for 2010-11 worth $17.4 million.

James was even joking this weekend with his teammates about his future. Especially Zydrunas Ilgauskas, who just took over the franchise rebounding mark. But maybe not long-term, James hinted.

“By the time I get done,” James said. “I’m going to hold all the records.”

Lebron’s Nike deal also ends in 2010. Many have assumed he’ll negotiate that new deal at about the same time according to the Plain Dealer.

“James has a three-year extension clause in the Nike deal he can activate if he so chooses. His yearly salary with Nike could actually be higher now than what he could get with a new deal, especially considering the state of the economy and the general downturn in athlete endorsements.

In addition there is no clause in James’ Nike contract that will pay him more if he plays in a major market like New York or Los Angeles, another fact that has been misreported at times. When James first signed with Nike, there were some incentives for being in New York, Chicago or L.A. but those have since expired.

There is still a good chance James will do a brand new deal with Nike.”

Does Lebron Need New York to Make Money?

When you talk to people around the league and Clevelanders, they will tell you that Lebron main reason for leaving Cleveland for a bigger market is off the court money. For example, Nike had a clause in Lebron’s contract that will pay him more if he played in a bigger market.

“that clause in his contract expired after his rookie season.”  Chris Broussard from ESPN Magazine said.

Another great article I read today on ESPN by J.A. Adande talks about how Lebron is making more money in endorsement living and playing in Cleveland than “Yankees superstars Alex Rodriguez and Derek Jeter” combined.

“Anyone who still believes you can make it only in Manhattan probably still calls remote controls “clickers.” This isn’t the Walter Cronkite era, when we got our news from men sitting at desks in New York. These aren’t the old Don Draper days, when everything we thought we knew and needed was generated by the ad shops on Madison Avenue.”

Playing in Cleveland, Lebron has been on the cover of Fortune, Time and Vogue and hosted “Saturday Night Live.” He’s been on the cover of Sports Illustrated when he was a high schooler playing in Akron. He even had a contract with the software giant Microsoft, that was just canceled yesterday.

So, if we want to talk about money, then staying with the Cavaliers would be the wise choice for Lebron. The Cavaliers can offer James about 30 million more than other teams and his annual raises will be about 2% more than what other teams can offer him.

Money is important but isn’t what Lebron is looking for at this point of his career. He is looking for  championships and a dynasty similar to the Bulls. Lebron James watched Michael Jordan dominate the league and Lebron wants to be like Mike.

“for me, it is all about winning, it’s not about the market.” Lebron said to NY media.

Building a championship team takes years. It took Michael Jordan six years to win one. Now Lebron is surrounded by a team that is dominating and blowing team after team out and they are excelling in nearly every phase of the game.

“the last time I was in this building[Madison Squar Garden] when LeBron scored 50 and everyone wanted Isiah Thomas’ head, LeBron was asked if he ever considered playing in New York. His answer was this: “No.”

Tonight he ruled nothing out and told the Knicks fans “to have an open mind.” There is no doubt a basis for all this hype, LeBron has been thinking about his options. One of them is surely to play in New York in the future. But right now — and everything can and maybe will change — the needle is firmly pointed toward staying home no matter what anyone says. ” Brian Windhorst said.