Blog Entry

The LeBron-o-thon continues

Posted on: August 7, 2009 3:17 pm
 
LeBron James is often criticized for sitting on the fence when it comes to his intentions for 2010, when he currently has the ability to opt out of his contract and test the unrestricted free agent market. But there was no mistaking LBJ's position on Friday, when he said unequivocally that he will not sign an extension with Cleveland this summer in order to preserve that flexibility.

"I signed a contract in 2006 with an option," James said at an event in his native Akron, Ohio. "It would make no sense for me to sign that contract if I didn't keep my options open. I'll let you fill in the blanks."

So there you go. No filling in necessary.

No extension. The drama lives for another year. The LeBron-o-thon continues.

I can't blame LeBron, nor can I say I'm surprised. He will still have the ability to sign an extension with the Cavs after the 2009-10 season -- and before July 1, 2010 -- that would lock him in under the current salary scale and rules before the CBA takes an expected turn in favor of the owners in 2011. His best option financially, under the current collective bargaining agreement, is to re-sign with Cleveland or participate in a sign and trade because either scenario would get him a sixth year and bigger annual raises after the first year.

But given that we've already crunched the numbers and determined that LeBron, Dwyane Wade, and Chris Bosh -- who have identical contracts -- would be leaving between $2.7 million and $5.2 million on the table over the next four years by foregoing an extension, LeBron's own words tell you everything you need to know about his intentions.

His words don't reveal whether he's staying or going. But they do tell you without a sliver of doubt that waiting to see how close he is to a championship in Cleveland is far more important to him than a few million dollars.

Cavs fans, I'm sorry to inform you that your King is going to hold court with your collective hearts for another year. That means another year of rampant speculation, attempted mind-reading, and hype.

Oh, and guess who visits Madison Square Garden in the first week of the 2009-10 regular season? His Highness faces the Knicks on Nov. 6.





Comments

Since: Jun 22, 2008
Posted on: August 7, 2009 11:57 pm
 

The LeBron-o-thon continues

the guy is basically a more athletic grant hill on steroidsReally?  I'd love to see your evidence for that.


his extension aint gonna change my life, lebron doesn't pay my bills, so why should i care, What piece of sports news has ever changed your life?  If you are so concerned with everything else, why do you have an account with a sports website that you actively use?


and i wonder if these media members have anything better to do in their personal lives than to worry about such amateur thingsPart of their personal lives is their job, and as a sports writer/reporter their job includes following such sports news items as what team one of the NBA's best players will play for. which is hardly amateur.  So no, there probably isn't a whole lot more important to them than doing their job.  It may not pay your bills, but it certainly pays their bills.


Also what has wade done since shaq leftHow about lead the league in scoring and take a 15-67 team and turn it into the #5 seed in the East in one season?



chris bosh hasn't even won a playoff round, and the guy is more obsessed with youtube and twitter than winning a ring.
More concerned with twitter than winning a ring?  Was this from the same source who told you LeBron was on steroids?  You know, with all this inside information you should be a sports reporter for a website.  Oh wait, there are more important things in this world, so you'd probably better go worry about them instead of wasting your time complaining on a sports website.



Since: Oct 30, 2006
Posted on: August 7, 2009 9:13 pm
 

The LeBron-o-thon continues

Props-The guy basically said he would rather be a Billionaire than win a Championship.New York is the place to acheive that Goal.


playmaker21
Since: Sep 28, 2006
Posted on: August 7, 2009 8:49 pm
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