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Sunday
Sep 05th

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Newsflashes

Lebron James and his Big Decision: Thoughts on Role of Endorsement Income Potential and State Income Taxes

From http://sports-law.blogspot.com/


At 9 p.m. tonight [July 8th] we’ll find out where Lebron James – who at age 25 has already made $68 million in NBA salary and around $200 million in endorsement deals – will play for the next five or six years. It seems that he’ll select from one of four teams: the Miami Heat, the New York Knicks, the Chicago Bulls or his current team, the Cleveland Cavaliers.

What factors could be motivating his decision? A supposedly leading reason for James to sign with the Knicks is that he would attract better endorsement opportunities there than if he stayed in Cleveland or signed with Chicago or Miami. Is that true? Even if it is, do differences in state income taxes prove more valuable than differences in potential endorsement income?

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ECA meets EU Commissioner Androulla Vassiliou

A European Club Association (ECA) delegation, led by Chairman Karl-Heinz Rummenigge and
General Secretary Michele Centenaro met with Androulla Vassiliou, the EU Commissioner
responsible for Sport, in Brussels.

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