Once and for all, sports business aficionado Darren Rovell sets the record straight about rumors LeBron James gets a bonus from Nike if he plays in New York, L.A., or Chicago. (Hint: He gets no such thing.)
UPDATED 3:39 p.m. EST: Right on cue, word comes today that Microsoft has dropped LeBron as an endorser, not renewing the star's two-year contract. Just last night, LeBron was asked about Tiger Woods' deal with General Motors ending early and whgether the economy could affect his endorsements. "I don't know the relationships Tiger had," LeBron said. "With the economic system going down or the economy going down, I know I have great relationships with the partners I have. All of them are long-term deals, so I can only comment on what I have. And looking forward, there's always going to be deals out there."