LeBrons $21M-a-Year Gives Cleveland More Than $215M

LeBrons $21M-a-Year Gives Cleveland More Than $215M

Assessment

Interactive Video

Business, Physical Ed

University

Hard

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LeBron James' return to Northeast Ohio is expected to have a significant economic impact, with his contract with the Cleveland Cavaliers potentially generating $215 million in tourism, taxes, and service industry spending. The Cavaliers are also poised for increased ticket sales, sponsorships, and television revenue, having struggled since LeBron's departure to the Miami Heat four years ago.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total value of LeBron James' contract with the Cleveland Cavaliers for the next two seasons?

$60 million

$42 million

$30 million

$50 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is LeBron James' return expected to generate in tourism taxes and service industry spending?

$300 million

$215 million

$150 million

$100 million

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT mentioned as a business benefit for the Cavaliers due to LeBron's return?

More sponsorships

Additional television revenue

Higher merchandise sales

Increased ticket sales

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What team did LeBron James play for before returning to the Cleveland Cavaliers?

Los Angeles Lakers

Miami Heat

Boston Celtics

Chicago Bulls

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many years had it been since the Cavaliers had a winning season before LeBron's return?

Two years

Three years

Four years

Five years