Very interesting clause in LeBron's $90 million Nike contract

Discussion in 'Cleveland Cavaliers' started by Accord, Apr 18, 2005.

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  1. Shapecity

    Shapecity S2/JBB Teamster Staff Member Administrator

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    <div class="quote_poster">Quote:</div><div class="quote_post">A strong rumor going around the Vegas Summer League is that LeBron James, who is scheduled to arrive in Las Vegas today for workouts, will hire Leon Rose as his new agent. Rose also represents Allen Iverson and Richard Hamilton</div>

    Source

    Not sure which story is real on the LeBron Nike kicker. I know Nike has done this with several athletes, and that blurb didn't mention why he said he doesn't have one. I guess we will find out when LeBron becomes a free agent.
     
    Shapecity, Jul 11, 2005
    #61
  2. rprj18

    rprj18 BBW Member

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    <div class="quote_poster">Quote:</div><div class="quote_post">20. Can a team circumvent the salary cap by paying a player less but arranging for an affiliated company to also pay him, perhaps by way of an endorsement contract?

    I suppose it could happen, but the NBA will investigate if it suspects that an outside person or organization is paying a player on behalf or at the request of a team. If they find out that such an event has occurred, they will penalize the team. For the first offense by a team, the fine can be up to $2,500,000, forfeiture of a first round draft pick, and/or voiding the player's contract. The penalties increase for subsequent violations.

    Incidentally, with the new CBA they did away with the ability for players to become player-coaches. This is because it would be possible to circumvent the cap by signing a player as a player-coach, and paying him less as a player but overpaying him as a coach. </div>


    Not usre if this has been posted before. http://members.cox.net/lmcoon/salarycap.htm#20

    Wouldnt this make the rumored trade kickers in his contract illegal?
     
    rprj18, Jul 11, 2005
    #62
  3. Troy Wingate

    Troy Wingate JBB JustBBall Member

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    <div class="quote_poster">Quoting Accord:</div><div class="quote_post">On ATH today, Jay Mariotti brought up a point about a clause in LeBron's Nike contract which states that his $90 million contract could be worth well over $100+ million if he played for certain NBA teams, namely the Knicks and Lakers. This gives him even more of an incentive to not sign with the Cavs longterm and go somewhere else.

    Things aren't looking good...</div>

    This is totally incorrect. There is not clause in LeBron's contract that makes him more money for playing in a big market city such as LA, Chicago or New York. It's just total rubbish. It's something that the New York Times published, just to stir up trouble and have them thinking they can actually lure LeBron out of Cleveland.

    Again, THERE IS NOT CLAUSE IN LEBRON'S CONTRACT FOR PLAYING IN A BIG MARKET CITY.
     
    Troy Wingate, Jul 12, 2005
    #63
  4. Gwetch

    Gwetch JBB JustBBall Member

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    It doesnt really matter to me, He aint ever coming to T.O, money or no money T.O will never get him. I love his shoes though. The Air Zoom LBJ 2 has some sick colourways.
    Has anyone seen the shoe in all green?
     
    Gwetch, Jul 30, 2005
    #64
  5. Sikwitit

    Sikwitit JBB JustBBall Member

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    Lebron is going to to the Nets. He part of the Roc-a-fella family and you know Jay-Z wants him there.

    [​IMG]
     
    Sikwitit, Aug 28, 2005
    #65
  6. Shapecity

    Shapecity S2/JBB Teamster Staff Member Administrator

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    <div class="quote_poster">Quoting SIKwitIT:</div><div class="quote_post">Lebron is going to to the Nets. He part of the Roc-a-fella family and you know Jay-Z wants him there.

    [​IMG]</div>

    Usher would never allow it.

    <div class="quote_poster">Quote:</div><div class="quote_post">Cavaliers star LeBron James, a big music fan, is excited about Usher's involvement in the new ownership group, which purchased the franchise from Gund for $375 million.

    "To have an icon in the music industry want to come here and be a partner is going to help us a lot," the 20-year-old James said. "People are going to want to come here."
    </div>
     
    Shapecity, Aug 29, 2005
    #66
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