Lakers' Ramon Sessions entering free agency. 

HoopsVibe Very Quick Call: Sessions smells that the Lakers are in a tough position and he's smart to levarage it for more money.

Los Angeles guard Ramon Sessions is declining his one-year option for 2012-2-13 and instead looking to test the free agent waters. He's clearly hoping to garner more than the $4.55 million option the Lakers had on the table. 

Sessions had a productive year with Los Angeles averaging 12.7 points, 6.2 assists, and 3.8 rebounds in 23 regular-season games. The Lakers need his speed and quickness both on offense and defense. They will be forced to still try and sign him through free agency, but would likely have to pay more.

LA traded long time point guard Derek Fisher away last off-season, due to his declining lateral mobility and will be in a bad situation if they can't resign Sessions for a reasonable amount of money. They've still got Gasol as an option to trade, but the problem is they don't have much money to play with and the number of quality guards available this off-season with comparable quickness are few.

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Photo Credit: AP NEWS.

Rumor: Thunder looking to trade James Harden.

HoopsVibe's Very Quick Call: He might be too expensive now that he's one of OKC's Big Three.

Anthony Davis now wants to make money off his unibrow.

HoopsVibe's Very Quick Call: Davis will be the one laughing, all the way to the bank.

Kim Kardashian's ex husband, Kris Humphries of the Nets got his ex pregnant.

HoopsVibe's Very Quick Call: I'm sure E! Network is bummed he's not still married to Kim Kardashian. This would be great ratings.

James Harden Traded To Houston Rockets

HoopsVibe's Very Quick Call: The dream is over in Oklahoma. Lakers will now win the West.

Which Laker now has to pay for the lawyers his baby mama's using against him?

HoopsVibe's Very Quick Call: This one is only getting uglier by the second. She's broke, he's loaded, and they had a kid. That's a recipe for some serious gold digging.

Shaq's mistress, Vanessa Lopez is taking O'Neal to court. Let the mud slinging begin.

HoopsVibe's Very Quick Call: Lopez looks to have some especially damaging dirt on the big guy. She want the trial televised.

Top 5 Ways Michael Jordan earns more today than when he played in the NBA.

HoopsVibe's Very Quick Call: With ballers going broke left, right, and center, MJ shows us all how branding is king for long term success.

Some ballers go broke soon after retirement, but Michael Jordan actually earns more today than while he was in the NBA. Jordan brought in an estimated $80 million last year and has a net worth close to $650 million. Some are already speculating that he could be the first former NBA player to become a billionare. Here's the breakdown of the Top 5 revenue channels for MJ.

1. The Jordan Brand. This is the golden egg. It is a division of Nike that remains hugely profitable and massively influential. In 1984 MJ originally signed a 5-year $500,000 contract with Nike, plus royalties. Last year this was worth an estimated $60 million. Yikes, that's some serious return. The Jordan brand deserves it though dominating 71 percent of the basketball shoe market in 2012.

2. Earnings from play for Bulls: This is a relatively small part of the MJ empire. If you total up all the money Jordan made for actually playing basketball it totals $93.7 million of his roughly $650 million in net worth.

3. Charlotte Bobcats: This investment has actually lost MJ money, but he double downed on it last year and upped his ownership to 80 percent of the Bobcats. Now that he is the majority owner, if MJ can turn this team around this could be a hugely profitable portion of his portfolio. It Charlotte do become a relatively successful team it would likely make Jordan a billionaire. 

4. Hanes, Gatorade, Upper Deck Endorsements: These round up to just under $20 million. MJ remains the most identifiable athlete in the world and uses that status to his advantage as Mr. Endorsement. His long-standing relationships with these companies continue to garner top dollar in the market. 

5. Restaurants: You're hardly a celebrity unless you own at least a couple restaurants. Michael Jordan Steakhouses are in New York, Connecticut, and Chicago. These are a relatively small drop in the MJ portfolio, but just go to show the diversification in the many channels of his income.

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