• Loading stock data...
Wednesday, May 15, 2024

A LeBron James Retirement Would Make Huge Financial Waves

  • Latest comments reverse those the Lakers superstar made in January about playing for “at least a few more years”
  • NBA’s all-time leading scorer remains a massive force in league business
Kirby Lee-USA TODAY Sports

The NBA’s all-time leading scorer and biggest star since Michael Jordan is openly musing about retirement — a move that would render a sizable economic blow across multiple revenue lines. 

After Lebron James’ Los Angeles Lakers were swept by the Denver Nuggets in the Western Conference Finals, the 38-year-old James said, “personally, going forward with the game of basketball, I’ve got a lot to think about.” 

Despite his advancing age and increasing injury concerns — not to mention the Lakers’ mere two playoff series wins since the team’s 2020 title — the superstar remains a massive force in league business. 

In addition to the Lakers ranking among league leaders in home and away attendance and local television ratings, James boasts a Twitter following of nearly 53 million, the most of any American athlete. He also led all NBA players again this year in All-Star Game fan voting and topped the league’s jersey sales for the second half of the 2022-23 season.

Blowing Off Steam?

There are multiple reasons why James would not retire. 

James remains under contract with the Lakers for the 2023-24 season at $46.9 million and has a player option for the following year at $50.7 million. He has also openly spoken of his desire to ultimately play with his son, Bronny James, who has committed to playing at USC next season.

The Lakers are also bidding to host the 2025 All-Star Game at their Crypto.com Arena.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Amazon’s Upfront: What It Reveals About the Company’s Sports Plans

The online retail and streaming giant announces plans for a new set of sports films.

Architect of LIV Golf Deal Departs the PGA Tour. What Happens Next?

PGA Tour policy board member Jimmy Dunne has resigned.
Sponsored

Major League Rugby’s Vision for American Rugby

How Major League Rugby is leading the Rugby renaissance in the U.S.

The In-Season Tournament Trend: NASCAR Latest League to Create One

The 2025 schedule will feature a five-race knockout bracket.
podcast thumbnail mobile
Front Office Sports Today

WNBA’s Much-Hyped Season Tips Off

0:00

Featured Today

The WNBA Was Forged in Houston. Why Won’t It Go Back There?

Houston’s a perfect fit for expansion. The league isn’t considering it yet.
May 9, 2024; Indianapolis, IN, USA; Indiana Fever guard Caitlin Clark (22) stands with the team during the national anthem on Thursday, May 9, 2024, during the preseason game against the Atlanta Dream at Gainbridge Fieldhouse in Indianapolis.
May 12, 2024

‘Perfect Storm’: The Rise of Local WNBA Broadcast Pacts

With national attention reaching new heights, regional coverage could dictate the future.
Mar 29, 2023; New York, New York, USA; American actors and comedians Chris Rock (left) and Ben Stiller sit court side during the third quarter between the New York Knicks and the Miami Heat at Madison Square Garden.
May 11, 2024

The Haves and Have-Nots: How the Knicks’ Celebrity Row Works

Unwritten rules, an expectation of quid pro quo, and nothing is free.
May 6, 2023; Miami Gardens, Florida, USA; Red Bull driver Max Verstappen (1) of the Netherlands walks through the garage area following qualifying for the Miami Grand Prix at Miami International Autodrome.
May 5, 2024

Max Verstappen Is Unstoppable. Is That Hurting F1 With New American Fans?

Formula One could be facing an inevitable plateau in the United States.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers
May 13, 2024

Bronny James Reportedly Staying in Draft After Medical Clearance

James immediately becomes the draft’s most polarizing prospect.
May 13, 2024

Rich Running Fan Pays Boston Marathon Winner After Organizers Still Haven’t

The Boston Athletic Association still owes the winner $100,000.
Sponsored

Major League Rugby’s Vision for American Rugby

How Major League Rugby is leading the Rugby renaissance in the U.S.
May 12, 2024

Tiger Woods Is Still Pro Golf’s Top Dog … Off the Course

From Saudi negotiations to TV ratings and apparel, Woods still drives interest.
May 9, 2024

NBA Says Reporter Interaction Factored Into Patrick Beverley Suspension

He’ll sit out four games at the start of next season.
May 9, 2024

How an ‘Extremely, Extremely Rare’ Contract Created the Villanova Knicks

Josh Hart’s second contract was unique in its structure, his agent and an expert say.
May 8, 2024

Candace Parker Joins Shaq, Iverson in Court-to-Sneaker Boardroom Pipeline

Parker was named president of Adidas women’s basketball Wednesday.