LeBron James Decision: Economic Impact on Miami Heat and Florida

July 9th, 2010 by Christina De Nicola Leave a reply »
We all know what LeBron James offers to the Miami Heat on the basketball court, but what about the economic benefit that comes from King James? Sure, between him, Dwyane Wade, and Chris Bosh, there will only be money left over for minimum-salary players. Heat owner Micky Arison isn't complaining because those three will bring in bucket loads of money in the very near future. Today's Miami Herald reported that with the signing of LeBron James, who is a "walking, talking, free-throw-shooting stimulus plan," the Heat will earn more than $10 million or more in playoff revenue alone. Then there's the other intangibles. Here are 10 economic advantages to LBJ's announcement that he will play close to South Beach.Begin Slideshow


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