Post#305 » by Bob loblaw » Thu May 20, 2010 4:27 pm
Blazer fan here,
I want the Knicks to be good, because if the Knicks are good it helps the whole NBA. Anyway, Just read on the front page that Lebron could buy shares in the Knicks, as you are the only team to trade shares on the stock exchange. That is insane, Lebron could say he is going to sign somewhere like Chicago or Clevland, wait until the Knicks stock drops because it looks like you aren't going to get a big free-agent, and then buy as much as he can and say that he changed his mind, he wants to play for the Knicks, then sit back and watch the stock go through the roof and maybe double or triple his money. Freakin crazy/brilliant.
I think the lure of New York city, and the ability to be the only player and part owner in the league will make Lebron sign pretty soon after July 1st. I bet he quietly buys stock on the first and then signs within a few days, I think they can sign on the 8th.
Now that I think about it, I bet he is going to talk Bosh into doing the same thing. Even though each could get more in a sign and trade in contract dollars, if they talk decide to buy stock and both take slightly less than max contracts, they will make alot more money from investing in the Knicks, plus the Knicks will still be able to add some other pieces.
You guys could wind up being very good very fast. Wow.
My question is if the Feds will consider this to be insider tradeing? Technically it would be, but it would be difficult to prove.
Mark my words, Lebron will be a Knick for sure, 100% no doubt about it. This is going to get wild. Oh, and buy Knicks strock. Gongrats.