Olympiakos To Make $eriou$ Run At LeBron in 2010
Old 08-01-2008, 11:50 PM   #1 (permalink)
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Olympiakos To Make $eriou$ Run At LeBron in 2010

WOW ... could you imagine? I can't see LeBron making such a bold move, but money does talk.

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Originally Posted by CNNSI
Olympiakos is considering a run at LeBron James when he becomes a free agent in 2010, according to a source close to Sports Illustrated's Ian Thomsen.

As a free agent in 2010, his new contract in the NBA would start at less than $20 million annually.

The owners of Olympiakos already lose millions annually on their player payroll. It may be worthwhile to them to lose $40 million or more in exchange for the grandeur of LeBron.
Source - Click here
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Old 08-01-2008, 11:59 PM   #2 (permalink)
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He'll be making a gazillion times more in endorsements here that they can come close to offering. They have to offer him 120 mil a year for him to go over there and leave stardom and insane money.
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Old 08-02-2008, 12:41 AM   #3 (permalink)
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Yeah, what thriller said. No chance in hell.
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Old 08-02-2008, 07:19 PM   #4 (permalink)
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Also if lebron wants to go down in the books as one of the greatest if not the greatest player of all time then we will stay in the nba. Nobody will call him great if he goes to euro and plays against alright talent.
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Old 08-03-2008, 12:42 PM   #5 (permalink)
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Lebron would not go to Olympiakos until he has done everything he needs to do in the NBA, Championship etc. But if the NBA does not expand more and more players will chase the $ on offer.

He'll probably just use Olympiakos as leverage for an NBA team, like the Nets, to give him a humongous contract. Like 25+ million a year or something. I think he'd rather stay here.
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Old 08-03-2008, 05:14 PM   #6 (permalink)
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Theres something called a Max contract, and if you dont think Lebron is getting that, i want what your smoking :P Theres no leverage, no anything, no consideration to a Euro team, LeBron is heading to NYC, making crazy endorsement deals and being the King of that city. Waste of time, letters and time to even write an article saying theres a even a slight chance he is going to europe.
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Old 08-03-2008, 06:16 PM   #7 (permalink)
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Endorsement deals dont exist in Europe? I could've sworn they market products over there too.

He's not gonna go, but it's not because there'd be a lack of endorsement oppurtunities in Europe.

Look at the endorsements Beckham gets in the States...the only difference would be that Lebron is way better and basketball is way more popular in Europe than soccer is here.

The money would be there...he'd probably make a little less in endorsements, but if they offer him a $50 million dollar per year contract tax free with house, car, and all that, it woud more than make up for it.

You don't leave the best league in the world if you want to become the best player of all time though. I believe Lebron wants to go down as the best ever, and he has a chance to do it. He won't risk that.
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Old 08-03-2008, 06:27 PM   #8 (permalink)
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Originally Posted by Adequate Swag View Post
Endorsement deals dont exist in Europe? I could've sworn they market products over there too.

He's not gonna go, but it's not because there'd be a lack of endorsement oppurtunities in Europe.

Look at the endorsements Beckham gets in the States...the only difference would be that Lebron is way better and basketball is way more popular in Europe than soccer is here.

The money would be there...he'd probably make a little less in endorsements, but if they offer him a $50 million dollar per year contract tax free with house, car, and all that, it woud more than make up for it.

What im saying is, America is still the biggest market, the best league, Euros will buy and hype up NBA players and their products, but Americans will NEVER soak up a euro bballers or their products, it would cost him $ in the short and long run.

I can see it now "We are all witness!! (to the best player in a 2nd rate league", the marketing opportunites are endless. Not saying he wouldnt get endorsement deals there, but i mean nowhere close to the 100mil one he already has.

I can see it now, wear these shoes and you can be the best player in the 2nd best league, marketing genius!!

You don't leave the best league in the world if you want to become the best player of all time though. I believe Lebron wants to go down as the best ever, and he has a chance to do it. He won't risk that.
O RLY?? How many euroleague players is Nike giving 100mil contracts to again? Oh yea... ZERO... and im sure it would please them greatly if he left the best, most popular league in the world to play in europe.

Last edited by Ugo Ferst; 08-03-2008 at 06:36 PM.
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Old 08-03-2008, 06:45 PM   #9 (permalink)
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Quote:
Originally Posted by Ugo Ferst View Post
O RLY?? How many euroleague players is Nike giving 100mil contracts to again? Oh yea... ZERO... and im sure it would please them greatly if he left the best, most popular league in the world to play in europe.
How many players in the Euroleague are Lebron Fucking James? Oh yea...ZERO

How many MLS players made millions and millions of endorsements before Beckham? Oh yea...ZERO

And you don't think Nike would look at this as an opportunity to grow their brand in a developing basketball market?

Besides...that contract is signed. Nike has to see it though. That's how a contract works, you see.
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Old 08-03-2008, 06:54 PM   #10 (permalink)
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Quote:
Originally Posted by Adequate Swag View Post
How many players in the Euroleague are Lebron Fucking James? Oh yea...ZERO

How many MLS players made millions and millions of endorsements before Beckham? Oh yea...ZERO

And you don't think Nike would look at this as an opportunity to grow their brand in a developing basketball market?

Besides...that contract is signed. Nike has to see it though. That's how a contract works, you see.
Yes i can see the marketing blitz now, "We are all witness (to the best player in the 2nd best league)", its pure marketing GOLD!! Its not like Americans wouldnt support products endorsed by euroleague stars (actually, its EXACTLY like that), and its obvious that Euros dont look up to and support NBA players and their products (actually, they do). Now he might go and get some other kind of deals there with european brands, but America is still his home and still the biggest cash cow for endorsements in the world. And if you think signing a 100mil contract with a major corporation that definately wouldnt want you to leave the NBA wouldnt be a consideration... well maybe you dont know how contracts work.

And honestly, poll the average American about the MLS, bet he cant name anyone besides Beckham, if he can even name Beckham, hell i cant name any except Beckham lol so who are these players getting these massive endorsement deals in MLS? Cuz i have yet to see one, what are they selling used cars? lol Now lets make an even more fair comparison, because MLS is a second rate league for soccer just like Euro is for basketball. How many MLS stars besides Beckham are making marketing waves in europe getting huge endorsement deals?

Last edited by Ugo Ferst; 08-03-2008 at 06:57 PM.
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Old 08-04-2008, 07:40 PM   #11 (permalink)
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Quote:
Originally Posted by Ugo Ferst View Post
And honestly, poll the average American about the MLS, bet he cant name anyone besides Beckham, if he can even name Beckham, hell i cant name any except Beckham lol so who are these players getting these massive endorsement deals in MLS? Cuz i have yet to see one, what are they selling used cars? lol Now lets make an even more fair comparison, because MLS is a second rate league for soccer just like Euro is for basketball. How many MLS stars besides Beckham are making marketing waves in europe getting huge endorsement deals?
I don't think you understood what I meant.

I meant Lebron would be like the American Beckham of basketball.

No other MLS players have large endorsement contracts, just like no other Euroleague guys would.

I'm not saying he'd be able to necessarily match the endorsement deals he'd get here, but it's not like they'd all go out the window. Financially, a 150% increase in salary would cover the losses in endorsements.

Lebron made 25 mil in endorsements last year. Lets say, for arguments sake, that would get bumped down to something like 5-10 mil in Europe (I still think it would still be significantly higher, but whatever) If he's making a $50 million dollar salary (or even a 40 million dollar salary) he would be making up for that lost endorsement money.

He would have to make next to nothing in endorsements to lose money on a deal like this.

And Euroleague basketball is way, way, waaaaay more popular in Europe than MLS soccer is in the US. You saying that no one in the US knows about soccer supports my point. Beckham still banks huge despite the total lack of popularity of his sport. Why wouldn't Lebron bank on a much more popular sport?

Edit: Bron made 28 mil in endorsements. My bad.

Last edited by Adequate Swag; 08-04-2008 at 07:44 PM.
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Old 08-05-2008, 03:38 AM   #12 (permalink)
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Yeah that's right.Basketball is No.2 most popular sport in Europe with millions of crazy fans.It cannot be compared to the MLS which is 11th I think in popularity.
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Old 08-05-2008, 10:14 AM   #13 (permalink)
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After the first 20 mill you make in this world, the rest is just icing.

If LBJ stays or goes, it wont be about $$$.
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Old 08-05-2008, 11:58 AM   #14 (permalink)
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He did say he wants to become a Global Brand
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Old 08-05-2008, 12:06 PM   #15 (permalink)
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I have a rant for the Cavaliers..I thought this would be the right thread to do it.
With LeBron only making about 13M a year-half of what he's worth, they still cannot find him a fricken supporting cast that does any shit. They have Sczerbiak taking in 12M a year which is a total waste, Ben Wallace taking in 16M a year which also is a total waste, and who signed Eric Snow to 6M a year?
The Cavaliers could've won the championship by now if they haven't been making garbage trades and signings. I know they didn't sign them to those contracts..Then again, what more can you get from Larry Hughes.
At least dump Snow's contract now that he can't even play.
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Old 08-05-2008, 01:35 PM   #16 (permalink)
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Quote:
Originally Posted by Raptorman View Post
After the first 20 mill you make in this world, the rest is just icing.

If LBJ stays or goes, it wont be about $$$.
Yeah, I know I've found millions 20-100 to be significantly less fulfilling than those first 20

But yeah, you're exactly right.

He'll stay because he has a chance to be the best ever. If he goes to the Euroleague for even one season, that chance most likely done with.

But the bigger issue here to me is the precedent this is setting. If they're willing to offer Lebron 40 mil, who's to say they won't be willing to offer a second tier superstar (think Bosh, Deron Williams, Boozer, Gilbert...all stars, but not icons) somewhere in the 30 million dollar range.

Anyone besides the top 5 or so players in the league would have to at least seriously consider that wouldn't they?
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Old 08-05-2008, 08:09 PM   #17 (permalink)
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After the first 20 mill you make in this world, the rest is just icing.

If LBJ stays or goes, it wont be about $$$.
Said like man who has never had 20 million, believe me, its alot of $ but it doesnt make you say "hey whats the diff between 20 and 100", theres a MASSIVE difference, think taxes on everything you buy, you want an outrageous 3mil home and cars etc etc, 20 mil wont cut it for the life a superstar nba player is living. Never underestimate the power of $. Maybe a couple million could be passed up, but 80?

LeBron wont leave because he can make close to the same or more in the USA, play where he dreamed of playing, be world famous and especially so in his home country.

The arguement is silly anyways, believe me, if the NBA felt a real threat of losing marque players, they simply raise the salary cap, raise the max contracts and go from there.
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Old 08-06-2008, 06:10 AM   #18 (permalink)
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Originally Posted by Ugo Ferst View Post
The arguement is silly anyways, believe me, if the NBA felt a real threat of losing marque players, they simply raise the salary cap, raise the max contracts and go from there.
It's not so simple my friend. Increasing the salary cup and the max contracts means mroe money spend from the teams. But in order to spend more you must find a way to increase your revenue first. Otherwise there will be huge financial problems both in the short and in the long term for the NBA teams.

But the case in Europe is different. Imagine that a team is thinking of offering LeBron $40m when at the same time it has hilarious revenue compared to the NBA but still maybe the most in Europe. So, let's think what would happen when European teams get better organised, build new arenas and increase their TV rights in order to reach NBA level (or almost NBA level) revenue.

The situation is far more complicated than you think and I think that major changes in the structure of the sport will take place in the following years.
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Old 08-06-2008, 06:25 AM   #19 (permalink)
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Source: LeBron would consider European offer of $50M a year or more



http://sports.espn.go.com/nba/news/story?id=3520860
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Old 08-06-2008, 06:30 AM   #20 (permalink)
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It is also interesting to read some of the readers' comments of the article about the proposed LeBron move to Olympiacos.

''I am a die hard LeBron/Cavs fan, if LeBron ever left the USA I would stop watching the NBA. ''

''For sports fans, I can understand why you might think this is a stupid move. However, no one ever accused LeBron James of being some kind of altruistic athlete. Most of the players are out there to make the most money they can for the talent they provide that puts people in arena seats. From a business perspective, the notion of building LBJ as a truly global brand is a billion dollar idea. Ryan Sheckler and Shaun White have already been making strides in this area. As long as you don't care if a few people think you are a sellout, you will be the one laughing last with a billion dollar industry carved around yourself as an athlete and celebrity. Lest we not forget, Michael Jordan's silhouette is the most recognized symbol of an individual on planet earth.''

''If I was the "King" I would play 2 years overseas and become a global icon.''


I only have to say that if LeBron ever left the USA I will stop watching the NBA, too.
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