LeBron James is taking his talents back to Cleveland. That's fantastic news for a beleaguered city that hasn't won a championship in one of America's four major professional sports since the Browns won the NFL title in 1964. But it's also terrific news for Cleveland Cavaliers owner Dan Gilbert.
With the best basketball player on the planet back on the Cavs' roster, the franchise is now worth somewhere in the neighborhood of $1 billion, Bloomberg reports.
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