Published: Tue, July 03, 2018
Finance | By Gustavo Carr

LeBron James brings the LA Lakers what they crave the most: relevance

LeBron James brings the LA Lakers what they crave the most: relevance

In a short statement, the 33-year-old's sports management group said the three-time National Basketball Association champion has agreed a four-year contract with the Lakers, seeing the star leave the Cleveland Cavaliers for a second time and make his debut in the Western Conference.

"Thank you Northeast Ohio for an incredible four seasons", said James on his Instagram account.

The 33-year-old had previously said he wanted to finish his career in OH, and although he's leaving home again, Cleveland fans are more forgiving after he ended the city's 52-year sports championship drought in 2016. However, there should be plenty of space with the Lakers to replicate some of these numbers.

"James, always fidgety, always impatient, was destined to make another move". James is not expected to attend the meeting, even though he was said to have arrived at nearby Van Nuys airport on Saturday evening.

And although the NBA's 2018-19 schedule has yet to be announced, StubHub has listings for the Lakers' home opener - listings that were also subject to the sway of King James influence.

The former second-round pick has been one of the most outspoken Lakers fans in the Raiders locker room, but Khalil Mack has been one of LeBron James' biggest advocates.

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Genesco Sports Enterprises CEO John Tatum on the impact of state taxes on athletes such as the NBA's LeBron James who play across the country and efforts by Gov. Phil Murphy, (D-N.J.), to imposing a tax on corporations and the wealthy in New Jersey. Now that he's in Los Angeles, that's impossible.

The 33-year-old forward leaves the Cavaliers to join an iconic franchise that has won 16 National Basketball Association titles but is rebuilding after posting a losing record for five consecutive seasons.

The explosion of Lakers ticket interest should come as no surprise to anyone who followed James' two stints in Cleveland.

The Lakers have a young, talented but inexperienced roster and they were hoping to land both James and possibly George. Now he has to go through the Warriors and the Rockets in the Western Conference playoffs before the NBA Finals.

According to ESPN, the fourth year of his contract is a player option.

Kobe Bryant, who played his entire 20-year career with the Lakers, winning five titles, welcomed James to the "family".

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