LeBron's Shocking Philly Effect!
LeBron James' move to Philadelphia did more than shocked the NBA world...
Video Transcript
Lebron James just made the Sixers a fortune in minutes, and his money is reaching historical levels.
Now LeBron is set to make $4 million a year.
Last season, he made $53 million, a $48 million drop.
And just seconds after his move to Philly broke, his number 23 Sixers jersey broke the all-time Fanatics record for most jerseys sold in the first 48 hours after a player joins a new team, in any sport.
The previous record holder?
Shohei Ohtani to the Dodgers, and Fanatics has nearly sold out of all LeBron's Sixers merch since.
Then tickets went crazy.
Last season, the average Sixers home ticket cost $68.
The cheapest seat for LeBron's first preseason game?
$283, a 316% increase.
Non-premium seats climbed as high as $589, and they sold out immediately.
Experts predict the average price for 76ers home games will be at least 40% higher than last season, and road games will spike even more.
That's the LeBron effect
