LeBron Says He’s Interested in Purchasing the Cleveland Cavaliers

LeBron Says He's Interested in Purchasing the Cleveland Cavaliers
(FreshAsFrankie) LeBron James is one of the sports world’s most prominent stars and has seen himself become a global brand. Aside from LeBron’s on-the-court prowess he’s been able to leverage his star power to make some serious money moves and at this point in his career, it’s natural to start thinking about the next phase in life. That next phase could include team ownership as LeBron told with reporters:

To be an owner of any team would be crazy, […] If this thing opened up and I’m in a position financially, and I’ve got the right team around me, obviously. But who’s to say Dan will (sell)? I’ve always kept it just player/owner at this point. I guess once I come down to that point, if the conversation needed to be had, I’ll have it. But I don’t have it right now.

If LeBron were to ever become principal owner of the Cavs, Dan Gilbert would have to be willing to sell. But if he were to sell, the King would have to cough up roughly $1.2B. But if he takes a note from Magic Johnson and forms an ownership group he could likely meet the price tag.

Do you think LeBron should seriously consider buying the Cavs?

Source: Bleacher Report

Cavs may put a Hold on Irving Trade Following Isaiah Thomas’ Physical

Cavs may put a Hold on Irving Trade Following Isaiah Thomas' Physical
 (FreshAsFrankie) The Cleveland Cavaliers made waves this week when they traded star guard Kyrie Irving to the Boston Celtics in exchange for Isaiah Thomas, Jae Crowder, Ante Zizic, and a conditional 2018 draft pick. However, reports from Cleveland indicate some apprehension toward finalizing the deal due to Thomas’ physical.
Isaiah suffered a hip injury in the Eastern Conference finals and has been rehabbing throughout the offseason but according to league sources, hasn’t started running yet. One league source stated that after IT left Cleveland soon after his examination and added, “it’s a very sensitive situation.” As the Cavaliers weigh their options, the trade is still tentative and Kyrie Irving could possibly remain in Cleveland.

Cavaliers send Kyrie Irving to Celtics in deal including Isaiah Thomas, Nets 2018 pick

Cavaliers send Kyrie Irving to Celtics in deal including Isaiah Thomas, Nets 2018 pick

(FreshAsFrankie) The Boston Celtics have acquired All-Star point guard Kyrie Irving from the Cleveland Cavaliers for point guard Isaiah Thomas, forward Jae Crowder, center Ante Zizic and Brooklyn’s 2018 unprotected first-round pick, the team announced Tuesday night.


Irving, 25, requested a trade during a July meeting with Cavaliers owner Dan Gilbert. At the time, Irving said he wanted to play in a situation where he can be more of a focal point and that he no longer wanted to play alongside LeBron James, sources said.

“This has obviously been a roller coaster of a day for us, trading away Isaiah and Jae and Ante, especially Isaiah and Jae who have been such big part of our team and our success and our Celtic culture as leaders of our team. Very, very difficult day,” said Celtics president of basketball operations Danny Ainge. “At the same time, a very exciting time [to add] one of the best offensive players in the league.”

Ainge said that it was a very tough phone call to inform Thomas, who had emerged as the face of the franchise since arriving at the trade deadline in February 2015.

Ainge also said the Celtics did their homework on Irving after his falling out with James in Cleveland and said the player was “excited” to be joining the Celtics. He also acknowledged that Irving’s price tag was high.

“It is a high price tag,” he said. “But acquiring a 25-year-old perennial All-Star, a player that fits a timeline for us, and is a fantastic offensive player, one of the best offensive players in the league, you have to pay a heavy price.”

Pressed on the difficulty of giving up the unprotected Brooklyn pick, Ainge noted, “We valued it from the time we got it and it’s still very valuable. Obviously, we value Kyrie more. It’s that simple.”

Irving has three years and $60 million left on his contract, but he can opt out of the final year before the 2019-20 season.

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