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Chris Bosh posts

Sunday Funnies: Would You Invest in LeBron James?

Posted Oct 17th 2010 2:40PM by Sheldon Liber (RSS feed)
Filed under: Bad News, Management, Rants and Raves, Competitive Strategy, Berkshire Hathaway (BRK.A), Entrepreneurs, Chasing Value™

If the reigning NBA Most Valuable Player, LeBron James, was a stock, would you find it was of any value as an investment? From my perspective, it would not be, unless Mr. James were to make some key moves off the court to mirror his talent on the court. The first thing I would tell him is to SHUT UP!

He needs to recognize that it is only natural for people in Cleveland to feel betrayed after years of support and adulation ended in a sputter, with nothing to fill the void. It is only natural for them to feel even worse after the self-serving arrogant way they were informed during a totally over-the-top television special.

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JockStocks: The Financial Impact of the LeBron James Decision

Posted Jul 9th 2010 10:00AM by Mark Fightmaster (RSS feed)
Filed under: Walt Disney (DIS), NIKE, Inc'B' (NKE), Business of Sports

Last night ESPN, a subsidiary of Disney (DIS), gave Jim Gray and LeBron James an hour to sit in a Boys and Girls Club in Greenwich, Connecticut to announce that the King will be playing basketball in Miami for the next few years. Aside from being a colossal waste of time -- this announcement shifted the balance of power in the NBA straight to South Beach.

Yet again, Cleveland feels the sting of sporting failure as the city's native son packs up his bags and heads elsewhere -- leaving nothing behind but the carcass of an NBA franchise, one furious owner, and a bunch of very angry fans. It appears that Cleveland will have to watch James win a title elsewhere -- just as it had to do with the Baltimore Ravens.

Continue reading JockStocks: The Financial Impact of the LeBron James Decision