King Jame$: LBJ Doubles Cavs Valuation to More Than A Billion-Dollars!

Source: Scott Soshnick/Bloomberg News LeBron James makes the Cleveland Cavaliers a billion-dollar franchise, almost double what the team would be worth without the four-time National Basketball Association Most Valuable Player. “Certainly the brand itself, as well as the revenue that the team is able to generate, is much stronger with him — to the point of a billion-dollar franchise,” said valuation expert …