Moving for Money

by Kristina on August 13, 2010 · 6 comments

A story making recent headlines in the sports world is the decision of NBA basketball all star Lebron James to relocate to Miami Florida.

Lebron James will move from his hometown team of the Cleveland Cavillers to the sunny state of Florida and play basketball for the Miami Heat. Have you ever relocated for an amazing career opportunity?

Lebron James is an NBA all star who has played his entire career (to date) in Cleveland Ohio.  However, with the recent expiration of his NBA contract he has made the decision to relocate to Florida and play for the Miami Heat.

Lebron James has taken a lot of “heat” from the sports world regarding his decision to relocate to Miami.  I apologize for the pun, but it seemed appropriate. He has played his entire basketball career in Ohio. However, they are not a historically winning team.

Lebron James has said that his decision to relocate to Miami Florida was purely business based, as his career goal is to win an NBA Championship and receive a championship ring.  He feels that relocating to Florida to play basketball for the Miami Heat will help him win an NBA Championship ring. If you were offered the financial opportunity of a lifetime would you change your whole world and relocate to a new city?

There has been backlash from Cleveland Cavaliers fans.  I guess you could say that Lebron James was a hometown hero.  In my opinion Lebron James’ decision to relocate to Miami Florida is a personal decision. We all have a career path and Lebron James is following his career goal.  Would you do anything to achieve your personal career goals? (Even if it had negative consequences)

YahooFinance recently posted an article about the top US cities with the most millionaires.  Unfortunately, Miami did not make the list.  However, New York and Washington D.C. were both named as cities with the most millionaires. DINKS, as you read this blog I ask you…

Where do you live?

Maybe if we relocate to one of the cities with the most millionaires, we will be surrounded by good company and therefore we will become millionaires as well. Maybe the cities with the most millionaires have the most opportunities. When you make a business decision is money the only factor?

Here are some other interesting articles from the week — Happy Friday!

Photo by Myki

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{ 5 comments… read them below or add one }

1 Kate August 13, 2010 at 10:41 am

Great post. We live in Denver and love being DINKs here…young crowd, great culture, outdoor activities. It would take a lot more more than money to get us to move as the lifestyle we have out here is a choice we made, understanding we may never make as much in other large cities.

2 S August 13, 2010 at 5:42 pm

I would move, but probably not to New York City. I like the medium sized cities for their culture.

That linked article, “Purchasing Power: Will It Make You Happy” is crazy. How did this woman afford two cars, a nice apartment, and nice furnishings on a $40,000 salary?

3 Brandy August 14, 2010 at 11:36 am

I understand people being upset with him leaving but I can soo understand jumping at the opportunity to move to Florida. I think Ohio has state taxes and Florida doesnt. Florida also has great weather and the housing market is great for buyers.

4 Kristina August 14, 2010 at 1:20 pm

Brandy, it’s really interesting that you bring up the point of the weather in Miami. As I was watching the live announcement with my Dad I was wondering if weather/location had a factor in his decision. There were so many rumours floating around about Lebron signing with the New Jersey Nets because of his friendship with Jay-Z who is a partial owner of the team.

Lebron said that his decsion was based on the fact that he wants to move to a winning team because he really wants an NBA Championship ring. However, I am not 100% convinced that his statement is true. Miami is a young party city and it is also known that he is friends with both Bosh and Wade, who also just signed and resigned with Miami. It’s all a bit too much of a coinscidence for me.

I’ll tell you one thing…I am buying tickets for the game when Miami comes to Toronto. Vince Carter left Toronto over 3 years ago and he is still booed by fans everytime he comes to town. It will be interesting to see how the Toronto fans treat Chris Bosh.

5 50plusfinance August 15, 2010 at 7:59 pm

Here in South Florida we just experienced the leaving of Shaq. You fool your self thinking these people are part of your community. They are here for a few years to do a job. When there are better offers they leave. Fulfill your contract, look for more money. Can’t get it where you are then go to the better offer. How many times has Shaq moved? Lebron is here for a few years. He’ll probably win the championship and make a lot of money. Good for him. More power to him. He only has a few years to play so why not?

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