Loading...
Loading...
Click here if you don’t see subscription options
Matt EmersonOctober 29, 2014
LeBron James (Photo via Wikimedia Commons)

According to Bloomberg News, very.

His return to the Cleveland Cavaliers will generate as much as $215 million annually in new and redistributed money for the franchise and Cleveland from tourism, taxes, service industry spending and the team's business, according to data compiled by Bloomberg News. The largest financial impact of any current NBA player is more than the cost to convert the downtown Ameritrust complex into apartments, hotel, office and retail space, and more than double what Alcoa Inc. spent to rebuild a 50,000-ton forging press at its Cleveland Works.

 

Comments are automatically closed two weeks after an article's initial publication. See our comments policy for more.

The latest from america

At this early stage of Leo XIV’s pontificate, the text is a “must read” for Catholics. Here are three notable takeaways.
Sebastian GomesMay 10, 2025
“I would like us to renew together today our complete commitment to the path that the universal church has now followed for decades in the wake of the Second Vatican Council,” Pope Leo said.
Pope Leo XIVMay 10, 2025
Pope Leo XIV picked one of the most common names in history for a pope. But it is a name with great resonance in modern church history, and one whose selection suggests quite a bit about what the reign of the new pontiff might be like.
James T. KeaneMay 09, 2025
A scene from the episode on Joan of Arc on ‘Martin Scorsese Presents: The Saints’ (Fox Nation/AP)
Dedication to fostering a personal relationship with Christ and embracing the unique callings of faith permeates each episode of "Martin Scorsese Presents: The Saints’
Alli BobzienMay 09, 2025