Published: Wed, July 04, 2018
Business | By Pearl Harrison

LeBron James banner removal begins in Cleveland

LeBron James banner removal begins in Cleveland

The scenario I've outlined where the Lakers sign nothing but one-year deals this summer would leave L.A. with something like $25 million in cap space in 2019 with Deng on the books.

A pre-sale of the James jersey began at 8:45 p.m. ET on Sunday night, less than one hour after the four-time NBA MVP announced his intention to sign with the Lakers.

James will join a Lakers team which has missed the playoffs for five consecutive seasons, the longest streak in franchise history. The team that has won three out of the last four championships added a four-time All-Star who could have received a max contract elsewhere.

Last season Cleveland Cavaliers sponsor Goodyear had the most valuable jersey sponsorship in the National Basketball Association thanks to James.

Randle will immediately become an unrestricted free agent.

Well, with the NBA's moratorium period not ending until 12:01 p.m. on July 6, Embiid and the Sixers still have some time to change James' mind.

"As trade talks have unfolded, Kawhi Leonard's focus is unchanged: He wants to be a Laker", ESPN's Adrian Wojnarowski tweeted after James' move to California was announced.

James, 33, will not be the only veteran on the young team next season, however.

Before signing with the Lakers, James was also linked to the Philadelphia 76ers and the Houston Rockets.

Overall, it was a great job by both Magic and Pelinka to sell James on coming to Los Angeles.

James also played a supporting role on-screen in 2015 Amy Schumer comedy "Trainwreck". The Lakers, so far, have dropped James onto a roster that still has, for now, Brandon Ingram, Kyle Kuzma, Lonzo Ball and Josh Hart.

Ticket seller StubHub on Tuesday said visits to the Lakers ticket page were up 7,398 percent over the same date past year even though next season's schedule has yet to be announced. Now, with LeBron in the fold, the team's 2018-19 opener tickets are starting at $545 on StubHub.

"It's still early, but trends are already showing that this upcoming Lakers season with James is going to be one of the hottest sports tickets".

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