What Is LeBron James Worth to the Cleveland Cavs?

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July 11 (Bloomberg) -- LeBron James’s return to the Cleveland Cavaliers made his new team the betting favorite to win next season’s National Basketball Association title, and helped his old one set a record. Scott Soshnick has more on "Street Smart." (Source: Bloomberg)

Happened yet for it boiled down to miami or chicago.

It would be hard for anyone on the outside to gauge his desire to go back to where he came from but apparently that trumps all else.

Them a why did he go back?

, he said he did not realize his connection was as strong as it was.

It is as simple as that.

Now he is almost 30 years old, not someone just chasing championships.

He realizes there's more out there than nba titles.

He grew up.

The whole story was about ohio, about a legacy, about giving back.

That is what he was talking about.

Let's not get ahead of ourselves.

I want to leave my city to that land.

This is above and beyond basketball.

It has been 30 years since the cleveland sports team has won a professional sports title.

This is a tough town to be a sports fan.

He made the finals with the cavaliers and then he left.

He knows there's something with -- something missing from that town.

This is a quote from him.

It sounds nice.

I think there are a lot of places -- i think there are a lot of places in america you can make that very same statement.

But it is a nice sentiment.

Look at how he left ohio.

They were burning his jersey.

Look at how he returns.

I am one of you.

He did well for the miami heat.

One-man just about doubled the value of the franchise.

If $515 million valuation prior to his arrival.

What is the difference for dan gilbert, who got penalized for being so outspoken of his comments?

One of the best missives ever.

I made him call me to tell me this is not a joke.

This is really what the owner wanted to say.

I cannot believe he put those words out.

Lebron and dan met not long ago in miami.

That is on the past.

He owns flash seats, secondary market.

Thank you so much.

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