Kori Ellis
04-08-2005, 10:54 AM
CLEVELAND -- With the NBA playoffs only two weeks away, and the Cleveland Cavaliers still in contention, LeBron James has made another offer to settle a lawsuit scheduled for trial later this month.
James' attorney says the Cavs' star has offered $138,000 to an Akron businessman to repay a $100,000 loan made to James' mother and a family friend while James was in high school.
The businessman has refused previous settlement offers. He also alleges that James backed out of an exclusive promotional deal.
James was the No. 1 overall pick in the NBA draft in 2003 and signed a $90 million deal with Nike.
James' attorney says the Cavs' star has offered $138,000 to an Akron businessman to repay a $100,000 loan made to James' mother and a family friend while James was in high school.
The businessman has refused previous settlement offers. He also alleges that James backed out of an exclusive promotional deal.
James was the No. 1 overall pick in the NBA draft in 2003 and signed a $90 million deal with Nike.