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Old 06-14-2011, 10:40 PM   #21 (permalink)
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Originally Posted by Claudius View Post
Whoa, whoa, whoa.....what are you talking about? Where did you read this?
How Lebron James' exit has impacted Cleveland's economy | The Atlanta Post

That far, far, far away, out-of-sight, out-of-LBJ’s mind land would be Cleveland, the banks of Lake Erie, a mere stone’s throw from the uber humble origins of one King James. Indeed, to say that things have shifted just a bit economically across all of Ohio over the last nine months or so would be akin to saying the Cavaliers simply didn’t rate as contenders this season.For no matter how you calculate it—in terms of wins and losses or dollars and cents — the change has been revolutionary.

Even the most modest of financial estimates, those relegated to simply what James’ departure has meant to the city’s downturn area, peg the downturn at the high end of $50 million. And the Cavs…need we go on?
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