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WDKX.com » Blog » LeBron James Will Bring $500 Million To Struggling Cleveland Economy
Jul 16th 2014 6:31 am
LeBron James Will Bring $500 Million To Struggling Cleveland Economy

The greatest player on the planet could be an economic catalyst for the Rust Belt city. More fans will flock to Quicken Loans Arena to see James play, more staff will be needed at the arena to handle those larger crowds, more money will be spent during games at local bars and restaurants, and all of that will get pumped back into the region. The result, says LeRoy Brooks, a professor of finance at the Boler School of Business at John Carroll University in suburban Cleveland, could be nearly $500 million added to the local economy. Call it the LeBron Effect.

Read Full Story: http://bossip.com/998523/making-it-rain-on-them-ohioans-lebron-james-will-bring-500-million-to-struggling-cleveland-economy/