LeBron James has announced he’s leaving his hometown Cleveland Cavaliers for the second time, heading west to join the 16-time national champion Los Angeles Lakers. After his first departure in 2010 for Miami, Cleveland restaurant owners noticed a slump in business as fewer people came out for games at the Quicken Loans Arena, but business has rebounded in the last four years, with strong turnout by patrons for games. Now, some Clevelanders are worried the city will take another hit even though tourism officials believe James is leaving a stronger city the second time around.
This story was produced by the Marketplace hub at the ideastream newsroom in Cleveland.
Click the audio player above to hear the full story.
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?