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Old 08-06-2008, 04:23 PM   #13
jdlea
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Join Date: Feb 2004
Location: Arlington, VA
Age: 41
Posts: 3,109
Re: Is the NBA in trouble?

Quote:
Originally Posted by BDBohnzie View Post
The one thing to remember is that these billionaires aren't just relying on the team to remake monies. They pump personal fortunes into these teams. $50 million a year isn't too far fetched. Whomever signs LeBron (if it happens of course) will have no trouble recouping part or all of the money they give him in a contract.
Exactly! Even if Olympiakos runs at a loss, he owns one of the largest IT firms in the world. He could stand to lose the money on Lebron just to have him over there.
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