Lebron James Return Case Study

In my first paragraph I will talk about what his childhood was like as he was growing up. Lebron was born on December 30, 1984, in Ohio. His mother, Gloria James raised him from a baby to the young age of sixteen. His birth father was an ex prisoner who ran out on the family because he was not interested in having a child. Lebron still goes by his mom 's last name (James). He had a tough childhood growing up with very little support. His mother had many personal problems while raising Lebron. Some of these problems were brought from her mother 's death. His mother could never keep a job long so they moved from apartment to apartment. Even with his mother 's struggles she worked hard to keep Lebron from being in poverty, violence and the

Since 2010 the value of the average NBA franchise has nearly tripled from 367 million to 1.1 billion dollars. He reportedly bought them for 275 million in 2010. The teams value has increased from 410 million to 725 million in one year. Jordan's net worth is at 1 billion dollars, making him the richest man in

In James’ announcement, he explores the many reasons why he left and what he can do for the team now that he is coming back. He explains that he belongs in Cleveland and establishes a lot of creditability to

He played for the Miami Heat, and the Cleveland Cavaliers. His court vision and almost perfect athleticism makes him one of the best basketball players, and one of the greatest athletes of all time. Lebron James gets paid by the NBA $22,970,5500 a year. That 's $107.85 per second in a game. Today, I 'm here to inform you on Lebron James childhood, his role in basketball, and his life outside of sports.

But what makes Jordan superior is not only his on court success but also the success he has had off the court. Jordan has his own shoe brand (Air Jordan) and each year he earns an estimated amount of $60 million dollars(forbes.com). Jordan is also the owner of the Charlotte Hornets. His success of the the court shows his determination to stay successful and also to not go broke like many other retired NBA players or professional athletes. Kareem is not as successful as Jordan is off the court but he still has a little bit of success in his new life.

Most people always say, “How can you go broke if you’re making millions of dollars a year for playing a game?” What people don’t realize is that they don’t know how to control that type of money. “Athletes are no different than any other college grads in that they were not trained as undergrads in budgeting, the tax system, and long term financial planning”(Steinberg). Athletes go from making zero dollars to making millions after they sign their contract. This money just keeps flowing in and they keep spending it like it never going to end.

Antoine Walker lost his $110 million to wild, extravagant living. His NBA championship ring was sold at auction and he had to declare bankruptcy nearly half decade ago. James is still earning money, just sold a $13.4 million mansion in Florida, owns a 30,000 square foot mega mansion in Ohio, and just bought a $21 million vacation home in Brentwood. Hopefully he has a better backup plan for retirement than Walker did, because Antoine Walker once had homes and goods like that, too.

He broke Michael Jordan 's record for scoring 40 points in one half of a game. Jimmy also went to the 2016 Olympics in Rio. Jimmy Butler and Lebron James have a lot in common. They both were homeless growing up. Neither player 's dad was in their life when they were growing up.

Athletes - Paid for Their Worth Most people think that athletes are overpaid and see huge contracts come out every year. It’s not everyday that an athlete wakes up to a 20 million dollar contract. In fact, they actually worked for it over many years of training and dedication. Pro athletes are paid exactly what they deserve because they work hard and sacrifice more than most people think. It's not just businesses paying them; people do things like buy merchandise, tickets to the games and support their favorite teams while the athlete does the “dirty” work of performing.

LeBron James is the Best Basketball Player in the NBA There should not be any discussion on LeBron not being the best player in the NBA. Lebron James is the face of the NBA for the past decade. There are some good players in the league, but nobody has done what LeBron has. People always have their opinions on LeBron and how he is not as good as people make it seem.

This downside is that professional athletes’ go broke faster than they are drafted into the leagues. Many professional players such as NBA and NFL players go broke due to career duration, overspending, family issues, and lack of financial knowledge. When trying to become a professional athlete, one must start playing sports as early as possible (Ferguson 34).Playing sports comes with many sacrifices. Athletes must commit time to practice and traveling. Moreover, they must spend money on equipment, clothing, and food (37).

("Paul George. ")In his first season he started 19 of the 61 games after the first season of being with them he started all of the games in the next season. Now he earns 8 million dollars a year. His family consists of his daughter and his 2 sisters.

Coaches and assistant coaches drown in money while the players get nothing: “The coaches for these teams earn millions… even the assistant coaches make hundreds of thousands… yet the labor force--and that’s what the

Do Athletes Get Paid Too Much ? Yes, athletes get paid too much. For example LeBron James made $ 71 million last year alone. Most athletes make at least $ 2-5 million each year.

I founded CAVS 4 VETS after my dad and I had the honor of hosting several veterans from the Wounded Warrior project on our deer lease. After my time with them, I knew my teammates and I could do something to give back to these veterans and others that fought and sacrificed for our freedoms. Lake Travis High School strongly encourages community service, but I wanted to start something that directly benefits our Central Texas Veterans. Cavs 4 Vets is a group of Lake Travis Football Players that set up donation drives through our school to collect items that are needed at the Austin VA Outpatient Clinic.