Found September 10, 2009 on
Bleacher Report:
Rumors have surfaced, on Thursday morning, that make the chances of LeBron James to end up in New York seem a lot greater.
When LeBron becomes a free agent in the summer of 2010, the Cleveland Cavaliers will be in the best position to resign him. This is because of the Larry Bird clause, which allows a team to go over the salary cap in order to sign their own free agent.
The New York Knicks will offer LeBron a max contract, but they will not be able to offer LeBron as much as the Cavaliers. So they got creative in the Big Apple and found a way to get around that blasted salary cap.
The rumor is that the Knicks will not only offer LeBron a max contract, but also his own cable channel. You see, the Knicks are owned by Cablevision, a cable TV company.
LeBron would receive income from the advertisers on his cable channel. According to NBA rules, the team would not be allowed to set up these endorsements/advertisers for LeBron, he would have to handle that himself. But I think we wou...
Original Story:
http://bleacherreport.com/articles/25...
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