LeBron James Makes Lakers NBA's Most Valuable Franchise

Scott Soshnick, Eben Novy-Williams and Michael Barr discuss the move of LeBron James from the Cleveland Cavaliers to the Los Angeles Lakers. The basketball icon has agreed to sign with the Lakers, one of the premier franchises in the National Basketball Association. His move to L.A. has widespread implications on a number of businesses, including AEG, Nike, Fanatics, ABC/ESPN, Turner and Wish, an e-commerce company with its logo on the Lakers' uniform tops. The former NBA Most Valuable Player will be paid $154 million over four seasons.See omnystudio.com/listener for privacy information.