http://mindyourdecisions.com/blog/2008/12/02/should-lebron-james-discuss-free-agency-a-game-theory-discussion/ Articles on game theory and personal finance Tue, 07 Sep 2010 05:43:49 -0400 hourly 1 http://wordpress.org/?v=3.0.1 http://mindyourdecisions.com/blog/2008/12/02/should-lebron-james-discuss-free-agency-a-game-theory-discussion/comment-page-1/#comment-4039 Presh Talwalkar Wed, 17 Dec 2008 08:18:53 +0000 http://mindyourdecisions.com/blog/?p=1027#comment-4039 Great analysis--you're right the Knicks and others are sacrificing quality in the hopes of landing LeBron--which increases Cleveland's chance of winning now. I'll have to email you for ideas when I write my next sports themed article. Great analysis–you’re right the Knicks and others are sacrificing quality in the hopes of landing LeBron–which increases Cleveland’s chance of winning now. I’ll have to email you for ideas when I write my next sports themed article.

]]> http://mindyourdecisions.com/blog/2008/12/02/should-lebron-james-discuss-free-agency-a-game-theory-discussion/comment-page-1/#comment-3943 Erik Thu, 11 Dec 2008 07:29:31 +0000 http://mindyourdecisions.com/blog/?p=1027#comment-3943 Don't forget the other effects of this strategy. The 2007 Cavaliers that made it to the NBA Finals was rather lousy aside from LeBron. By making these veiled threats to leave, it prompted the Cavaliers management to change the roster to one that better complements his skills. You can see this change in Cleveland's current record. Also, when other teams think they have a chance to sign LeBron in 19 months, e.g. the Nets, Pistons, Knicks, 26 other teams, the roster adjustments they make now (as you stated) to free up salary cap room for 2010 usually decreases the quality of those teams' rosters. With these recent changes to NBA rosters, the Cavaliers have a better chance of winning games in the regular season and playoffs, and LeBron has a chance to win a championship before he potentially leaves Cleveland, which will no doubt improve his worth in the market. I follow sports a little too much. Don’t forget the other effects of this strategy. The 2007 Cavaliers that made it to the NBA Finals was rather lousy aside from LeBron. By making these veiled threats to leave, it prompted the Cavaliers management to change the roster to one that better complements his skills. You can see this change in Cleveland’s current record.
Also, when other teams think they have a chance to sign LeBron in 19 months, e.g. the Nets, Pistons, Knicks, 26 other teams, the roster adjustments they make now (as you stated) to free up salary cap room for 2010 usually decreases the quality of those teams’ rosters.
With these recent changes to NBA rosters, the Cavaliers have a better chance of winning games in the regular season and playoffs, and LeBron has a chance to win a championship before he potentially leaves Cleveland, which will no doubt improve his worth in the market.
I follow sports a little too much.

]]> http://mindyourdecisions.com/blog/2008/12/02/should-lebron-james-discuss-free-agency-a-game-theory-discussion/comment-page-1/#comment-3817 Asad Thu, 04 Dec 2008 07:34:37 +0000 http://mindyourdecisions.com/blog/?p=1027#comment-3817 A lesson on career management from an NBA player - you're full of surprises. A lesson on career management from an NBA player – you’re full of surprises.

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