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CNBC Story on LeBron James and Stocks

LeBron James dunking

LeBron James dunking

As most basketball fans know, today is the first day that NBA teams can start talking to this year’s free agents.

CNBC just had a story about stocks that could be impacted by the biggest free agent of them all – LeBron James.  They mentioned Madison Square Garden Inc. stock , owner of the New York Knicks, one of the contenders for LeBron.  Sources suggest that the Knicks have plenty for room under the salary cap and are in the position to be able to pay him and another free agent the NBA’s max salary.

Next, they mentioned Nike stock because of their agreements with both LeBron and Dwyane Wade, another free agent.

Just another example how just about every aspect of American life permeates into the stock market

P.S. You can get one share of Madison Square Garden stock or Nike stock at GiveAshare.com.

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