Is LeBron James Serious About Becoming the First Billionaire Athlete?

May 20th, 2010 by Mark Birdsell Leave a reply »

LeBron James has been quoted as saying he wants to become the first billionaire athlete.  If that is true, then his best option may be joining the New York Knicks this summer.

There are a number of General Managers who believe LeBron is the answer. That with him it is possible to build a championship team.  However, the real question is does LeBron believe in himself?

If he believes that he is the best player in the NBA and can recruit anyone to come play with him, then the Knicks should be his choice.

As reported by, LeBron can buy stock in the Madison Square Garden, Inc. (MSG).  This company was spun-off from Cablevision earlier this year and owns Madison Square Garden, the Knicks, the Rangers, and the Liberty.

The New York Knicks are the only team owned by a publicly-traded company.  Even though the team cannot include stock in MSG in LeBron’s contract, there is nothing that would prevent him from buying it on his own.  There is no doubt that LeBron, and whatever other high profil ...

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