Update: LeBron joined Heat, and MSG stock plummeted.
At around 9 pm today (given the news isn’t leaked already), LeBron James will announce to the world which team the “ringless” King will sign with.
While there are a host of suiters that include: Cleveland, New Jersey, Chicago, and Miami, somebody on Wall Street feels James is on his way to the Knicks any moment now. Share of Madison Square Garden, Inc (MSG), parent company of the Knicks and one of the most famous arenas in the world spiked today.
It has been reported that the Knicks have tried to sell James on the fact that by giving him MSG stock they can make James billions and much more than anywhere else. Apparently, some other traders are trying to ride that boat as well.
Now what happens if he doesn’t sign with the Knicks?
