Olympiakos Is Considering Two-Year $100 Million Deal for LeBron

08.07.08 10 years ago 79 Comments
LeBron JamesLeBron (photo. Mannion)

When the initial reports first came out about LeBron (and Kobe, mind you) going overseas for some preposterous paycheck, it seemed like these two global icons just thew out the highest number they could imagine being paid.

But it turns out that those astronomical figures might exist outside of LeBron’s imagination. The Greek club Olympiakos, who just inked Josh Childress to a three-year, $20 million deal, is reportedly mulling a two-year, $100 million offer for LeBron if he turns down his player option with Cleveland in ’10-11.

At first, it sounded too ridiculous that any organization would be considering to pay one of their employees $50 million for one year’s work. But considering the revenue that the Chicago Bulls are still reaping from the Jordan years, it might not be so ridiculous after all.

But can LeBron make a transcendent impact on the European basketball community in just two years, enough so that he’s worth this heavy investment? We’ve heard stories about how the one-month annihilation of the rest of the world in 1992 by Team USA made a strong enough impact on the basketball cultures in many countries to give the sport a kickstart.

So could LeBron’s destruction of the Euroleague boost both the sport and the revenue that it generates overseas enough to make $100 million worthwhile?

Source: Ohio.com

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