Economics
LeBron James’s Return to Bring Cleveland $500 Million a Year
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Landing LeBron James will mean millions of dollars in economic benefit to Cleveland and Northeast Ohio, Cuyahoga County officials said.
The return of the star forward to his hometown Cleveland Cavaliers will have a $500 million a year impact on the local economy, with a boost from additional ticket sales and other spending, County Executive Ed FitzGerald said today. The 2016 Republican National Convention in the city will bring an additional one-time windfall of $200 million, he said.