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cleveland has pulled out all the stops to convince lebron to stay with the cavs, but for the city, it s more than just about the superstar. it is about jobs of hundreds and maybe even thousands who make their living in northeast ohio. andy katz is a senior written for spren.com and leroy brooks is a professor of a finance at john carol university in cleveland. we are going to discuss. this i want to start with the cleveland aspect of this. how what is the economic impact of lebron james? reasonably enormous on the area. if you re just looking at the box office effects going back to prelebron to now, it s probably about $48 mall year in revenues, combination for goes to the cavs, local restaurants, the bars after the game, hotels, parking and so on. so, that s quite a bit. and if you get the playoffs, which obviously more commonly likely with lebron here, about 50 million per playoff game t all counts up. and the salaries on the team and
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to stay. and quickly, andy is the state is the issue of the income tax, which in florida, there is none, and in these other states there is plenty of taxes to pay. in chicago, i think you actually have new york, would you have to pay city taxes plus a state income tax, do you think that has much of an impact on free acts in general, not just lebron, but in general and why maybe miami has an opportunity to get these players? i think what you are get agent this stage on the second or third major contracts it comes down to wing championships and where do they have the best chance? certainly, that is a peripheral sort of toss in for a team like miami and the state of florida but i think more than anything, it is about where can they win a championship sooner rather than later and for a player like lebron that might obviously to be stay in cleveland go to chicago or maybe with the heat. andy katz, senior writer from espn.com and professor leroy brooks from john carroll university
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of one tim russert. oh. good to have somebody from john carroll representing. thank you. let s do another piece of trivia, justin byron whizzer white the only supreme court justice in this sport s hall of fame. which one is it? this is an easy one for some people out there including my friend at msnbc.com, vaughan. it is the college football hall of fame. earned his nickname whizzer as a half back for the university of colorado buffaloes, perhaps the last time the university of colorado buffaloes actually mattered in competitive college football. save your e-mails for my tweets later. an hour from now, president obama makes his case for comprehensive immigration reform. keep it right here had on msnbc for live coverage and analysis for that at the top of the hour, new detail us in the record keeping chaos at arlington national cemetery, just a tragedy there. first, let s do the white house soup of the day. they are serving gaspacho, nice summer soup. nice trivia.
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