Tuesday , Aug , 05 , 2008 C.Y. Ellis

Insider Claims LeBron James Would Consider Euroleague for ‘around $50 million a year’


Insider Claims LeBron James Would Consider Euroleague for 'around $50 million a year'
So now we have a number.  A source close to LeBron James was today quoted as saying that the All-Star and Olympian would consider plying his trade in the Euroleague for the arbitrary-sounding sum of $50 million.  This same insider also let loose that CSKA Moscow and Olympiakos – both backed by billionaire owners – have been in touch with King James, although no formal negotiations are said to have taken place.

So, how much of a concern is it to the NBA that there is, in theory, a deal which could send LeBron abroad for a year or two?

"I don’t want to say it’s much ado about nothing, but we think it’s overblown a bit.  It’s not something we’re losing sleep over. " –
Joel Litvin, President of NBA League and Basketball Operations

Oh no?  I think now is exactly the right time to start being concerned.  While the NBA is yet to lose a genuine superstar, we now know that perhaps the biggest name in the game has a price.  With money evidently being a secondary concern for the big ballers who bankroll the larger Euroleague operations, you can rest assured that there’s at least one club willing to front that fifty million.

"For the most part, the league considers the players to be fungible products.  But LeBron is one of the three or four players the league would definitely hate to lose. If a team lost him or Kobe to Europe, it would lose its mind. It would be devastating."
– NBPA official

At this point, we have to ask "What if?"  How much would this shake up the league’s modus operandi if they lost LeBron, Kobe or one of the other players previously considered untouchable?  Do you think we’re in line to see some changes to the league’s salary cap restrictions?  Let us know what you think in the comment box below.