LiAngelo Ball left his JBA seat after seeing the Lakers drafted Svi Mykhailiuk over him

LiAngelo Ball’s hopes of hearing his named called during the NBA draft never came to fruition nor did he find a spot on an NBA Summer League roster. But despite heading into the draft with tempered expectations, the middle Ball brother was optimistic the Lakers would ultimately draft him. The latest episode of Ball in the Family detailed that draft night for LiAngelo. LaVar had scheduled his JBA league opener to coincide with the NBA draft, so LiAngelo was in the crowd to support his brother, LaMelo. As the first round got underway, LiAngelo revealed that the Lakers had been talking to him that day. He was sure that either the Lakers or Suns would take him in the second round. He was watching

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Fit For The King: LeBron James and the Lakers Form Hollywood’s Ultimate Marriage

It’s Hollywood’s ultimate celebrity marriage: the best and brightest star joining the league’s glitziest franchise. With his latest seismic signing as a free agent, LeBron James gives the Lakers new life. But will he ever get the help he’ll need to raise their 17th banner?

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The Money Behind LeBron James’ Lakers Move

After years of fumbling around with the rebuilding of a franchise in Northeast Ohio, it is now official. LeBron James will be heading to Los Angeles this summer in a four year, $ 154 million-contract, declining to exercise his $ 35.6 million player option with the Clevland Cavaliers.

There were indeed legitimate championship contending teams interested in James’ signature. The Philadelphia 76ers needed a superstar who has been there, done that. The Houston Rockets would have immediately become favorites had James joined forces with Chris Paul and James Harden. There were even talks that he could land in Toronto. But the four-time MVP and two-time Olympic gold medalist, at 33 years old, wasn’t going to make this decision lightly. Unlike “The Decision,” it was never going to be purely on a team’s basketball acumen or history.

WHERE THE KING GOES, THE MONEY FOLLOWS

Everywhere he goes, James, along with his billion-dollar body, carries an economic windfall that is parallel to no other athlete. Shortly after James announced his return to Cleveland in 2014, Cavaliers’ ticket sales spiked by more than 100 times, jumping from $ 25 to a staggering $ 386. Season tickets sold out within hours, and according to a Cleveland.com report, his return to Ohio resulted in a nine-figure economic boost for downtown Cleveland.

In the wake of his announcement, Lakers season tickets, which were selling for $ 3,499 each, skyrocketed to $ 5,800 just 20 minutes after the announcement. One person, according to ESPN W paid $ 188,781, including fees for four season tickets on StubHub. The seats, which are 16 rows up, one section off the center, are for regular-season games and do not include the playoffs. The Lakers preseason tickets, now on sale, have doubled in price to $ 550 plus fees.

LEBRON JAMES’ BIG ECONOMIC IMPACT:

A 2017 study published by the American Enterprise Institute (AEI) quantified the effects that the 33-year-old forward had in Cleveland with the Cavaliers and his brief stint in Miami when he played for the Heat from 2011 to 2014.

By playing in both cities, the data showed that James’ presence had a huge impact on their local economies by boosting restaurant revenues, ticket sales, and job creation. The number of eateries and bars within the mile of the stadium where he played at the time increased by 13%, with employment within those establishments increasing by 23.5%. While, on the other hand, those numbers dropped when James was not on either team.

Earlier in the year, BLACK ENTERPRISE took a look at the cities that would benefit the most if King James joined their NBA team through a study conducted by FormSwift. Had James joined the Knicks, he would have an estimated $ 1.7 billion economic impact on the city, bringing the state $ 1.2 million in tax revenue and over 12,000 new jobs over a five-year period. In comparison, if the NBA star signed with the Brooklyn Nets, the state’s economy would receive about $ 441 million, 3,334 jobs, and $ 32 million in state tax revenue. Had he moved to Washington, D.C., he would bring the nation’s capital over $ 66 million in state tax revenue, 3,200 jobs, and more than $ 444 million in total local economic impact in five years.

According to the report, his presence in Los Angeles will have a $ 396 million economic impact on the city. In addition, the city will gain about 3,000 jobs and $ 29 million in state tax revenue.

BUILDING A BILLION-DOLLAR BRAND

James could have stayed home and signed an even bigger deal worth around $ 205 million with the Cavaliers but his move to Los Angeles opens up business opportunities that “could propel him to even bigger global superstar status if he can return the purple-and-gold to NBA title contention.”

“It’s my biggest milestone. Obviously. I want to maximize my business,” said James. “And if I happen to get it, if I happen to be a billion-dollar athlete, ho. Hip hip hooray! Oh, my God, I’m gonna be excited,” James said in a GQ cover story four years ago. His new deal with the Lakers, according to Forbes, brings him closer to becoming a billion-dollar athlete.

As of two years ago, James’ net worth, according to Forbes, was $ 275 million, but “James has banked another $ 170 million, including endorsements, since then, and the stock market continues to move higher.” In total, he has made an estimated $ 765 million, including off-court earnings, since he entered the NBA in 2003. At 33, his endorsements are the best in the NBA at more than $ 50 million annually through deals with Nike, Coca-Cola, Beats, Kia, Intel, and Blaze Pizza per Forbes. He is also an investor and franchisee in Blaze. Stephen Curry is the only hoops star within $ 20 million of James off the court, and James’ total earnings are likely to approach $ 400 million during his four years in L.A., according to the article.

The post The Money Behind LeBron James’ Lakers Move appeared first on Black Enterprise.

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SEE IT: Lakers fans swarm Staples Center to celebrate LeBron James signing

L.A.Bron is already beloved in Hollywood.

Less than two hours after LeBron James announced his decision to sign with the Lakers, fans flocked to Staples Center to celebrate the franchise-altering decision.

In a video posted by ESPN, a group of Lakers fans gather outside the arena and scream in…

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LeBron James Signs 4-Year, $154 Million Deal with the Los Angeles Lakers

LeBron James is a Los Angeles Laker.

According to ESPN, the four time NBA MVP, three time NBA finals MVP, fourteen time NBA All Star, and two time Olympic gold medalist has agreed to a four-year, $ 154 million contract with the Los Angeles Lakers.

Are you excited LeBron is joining The Lake Show? We expect an official announcement shortly.

 

The post LeBron James Signs 4-Year, $ 154 Million Deal with the Los Angeles Lakers appeared first on lovebscott – celebrity gossip and entertainment news.

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Rod Strickland details why Kawhi is not a 1st option and needs LeBron to join him on Lakers to win a title

Joining Cris Carter, Nick Wright and Jenna Wolfe in studio on First Things First, Rod Strickland details why Kawhi Leonard is not a number one option and needs LeBron James to join him on the Los Angeles Lakers if he hopes to bring a title to LA.

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Grizzlies LIVE to Go: Grizzlies 1st Half struggles leads to a 107-102 loss to the Lakers

Memphis Grizzlies split the LA series 1-1 with a loss to the Los Angeles Lakers 107-102. Grizzlies would rally back from a 22-point deficit in the 4th Quarter but came up short. 46 points for the Grizzlies bench including 26 points for Tyreke Evans.

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WATCH: Damian Lillard Hits Incredible Game-Winning Three vs. Lakers

Damian Lillard continues to prove that he’s one of the most clutch players in the NBA, as his game-winning three with 0.7 seconds left gave the Trail Blazers a win over the Lakers.

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O’Shea Jackson: Gordon Hayward Bit By ‘Celtic Luck’, Shoulda Chose Lakers!

O’Shea Jackson Jr. says there’s one way Gordon Hayward could’ve avoided that gruesome bone-snapping leg injury this week — “Should’ve been a Laker.” “I feel bad for Gordon Hayward,” the “Straight Outta Compton” star told us on the way out of…

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Lamar Odom on 2011 Lakers Trade: ‘It Ended My Career and Purpose’

When Lamar Odom was traded from the Lakers to the Mavericks in 2011, his career faded into oblivion. He went from a Sixth Man of the Year player to a guy who averaged four points per game two seasons later. 

But that trade didn't just impact him professionally. In a recent interview with

This article originally appeared on www.rollingstone.com: Lamar Odom on 2011 Lakers Trade: ‘It Ended My Career and Purpose’

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Los Angeles Lakers adidas Youth 2014 Pre-Game Hooded Long Sleeve Shooter – Gold/Purple

Los Angeles Lakers adidas Youth 2014 Pre-Game Hooded Long Sleeve Shooter – Gold/Purple


Let your child cheer on the Los Angeles Lakers in this 2014 Pre-game Hooded Shooter from adidas! The next NBA season is just around the corner, and this pro-quality gear is the perfect way for your young Los Angeles Lakers fan to cheer on their team in style! This premium, official shooting shirt features stylish Los Angeles Lakers graphics and accents that will make your fan feel like an NBA superstar on game day! Shop for your favorite NBA gear at Fanatics.com
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Miss Fanatic Los Angeles Lakers Women’s Leopard Print Bikini Bottoms – Purple/Gold

Miss Fanatic Los Angeles Lakers Women’s Leopard Print Bikini Bottoms – Purple/Gold


You don’t have to save your Lakers pride for game day! Show off some team spirit when you’re at the beach this summer with these Leopard Print bikini bottoms from Miss Fanatic. Featuring an allover animal print and a team logo at the back right, these swimsuit bottoms will show off your NBA enthusiasm to anyone admiring your L.A.-inspired attire. Don’t be surprised when you get compliments from fellow Lakers fans when they see you in these adorable bikini bottoms!
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Kobe Bryant Los Angeles Lakers Fanatics Branded Core Issued Name & Number Long Sleeve T-Shirt – Gold

Kobe Bryant Los Angeles Lakers Fanatics Branded Core Issued Name & Number Long Sleeve T-Shirt – Gold


Don’t let the cool weather take your focus off of the big Los Angeles Lakers game! You’ll be able to fully enjoy watching your Los Angeles Lakers add another one to the win column with this Fanatics Branded Kobe Bryant Core Issued Name and Number long sleeve T-shirt. It’s the perfect tee to sport during your game day festivities, featuring quality printed Los Angeles Lakers colors and graphics that are second-to-none.
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Junk Food Los Angeles Lakers 1988 World Champs T-Shirt – Purple

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The Lakers need your support to make sure they show off their full potential in every game! This obligation requires you to have the finest in L.A. gear. Wear this Champs tee from Junk Food to the next game for a retro look that will keep you comfortable and full of Lakers spirit! It features a team name around throwback team graphics for a bit of old-school style.
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Ian Somerhalder And Nikki Reed Pack On The PDA At Lakers Game

Ian Somerhalder and Nikki Reed’s love for each other was on full display at a basketball game in Los Angeles on Sunday. The close game between the LA Lakers and the Phoenix Suns was an exciting one to watch, but it seems that Somerhalder only had eyes for Reed.

nikki reed ian somerhalder

nikki reed ian somerhalder

nikki reed ian somerhalder

The “Vampire Diaries” star also showed his affection for his girlfriend on a snowboarding trip in Sun Valley, Idaho on Friday. In the caption of a sweet Instagram photo of the couple, Somerhalder called the “Twilight” star “incredible” before wishing his 3.9 million followers a happy holiday:

Romance rumors about the pair first started in July, but Somerhalder confirmed their relationship in September when he slammed his Instagram followers for their negative comments about Reed. Perhaps the fans were upset to see Somerhalder move on from his “Vampire Diaries” co-star Nina Dobrev. Despite all the drama, it’s clear that Somerhalder and Reed are still smitten.
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