<div class="quote_poster">Quote:</div><div class="quote_post">The folks at Nike, Coca-Cola, Upper Deck and several soon-to-be announced endorsers might have scored just as big in landing LeBron James. Gund, the Cavaliers owner, has seen his team surge in value by more than $35 million since landing James in the NBA Draft Lottery according to figures compiled by Forbes Magazine in its Feb. 16 issue. The financial publication estimated James will earn more than $2 billion in revenues over the next seven years for his team and his collective sponsors. By the time the 19-year-old James turns 25, the magazine estimates he will have earned about $200 million in salary and endorsement deals. ``I don't know where they got those figures, but $200 million in five years is conservative from my standpoint,'' James' agent Aaron Goodwin said. ``We're looking at the potential for contracts worth $200 million in just two years.'' James has already signed endorsement contracts worth more than $100 million and has a three-year, $12.96 million deal in place with the Cavaliers.</div> Full Story
It doesnt surprise since everyone hopped on LeBron and the Cavs deals over the summer. So of course they are going to make huge money of it.
