Thursday, May 27, 2010

Demand or Supply- Obama's Demanding for Lebron to Join Hometown Team

If LeBron James isn't sure he can win in Cleveland, President Barack Obama thinks there's an opportunity with his hometown Chicago Bulls. "You know, like I said, I don't want to meddle," Obama told TNT. "I will say this: (Derrick) Rose, Joakim Noah it's a pretty good core. You know, you could see LeBron fitting in pretty well there." Lebron James will become a free agent this summer, and his decision whether to leave the Cavaliers is by far the most speculated and discussed topics in sports history. Though he's never said he wants out of his native Ohio, there's speculation he'd consider it after the Cavaliers were knocked out of the playoffs in the second round by the Boston Celtics. In Lebron's seven years in Cleveland he has not been able to carry his team to a championship and many believe he might not be a franchise leader despite the many talented teams he has been with for the Cavs. For the most famous sports fan in Barack Obama to promote the most famous sports athlete in Lebron James to committ to his hometown Chicago Bulls says a lot of how sports culture has spread throughout North America and the rest of the world. For a president to have such an impact on sports culture and huge financial decisions for Lebron James it displays the attention that basketball has gained over the years. Even that the president is able have a sit down interview strictly about basketball hottest topics shows how much Obama's opinion and words grab the attention of the media and fans and people in professional sports. "I think that the most important thing for LeBron right now is actually to find a structure where he's got a coach that he respects and is working hard with teammates who care about him and if that's in Cleveland, then he should stay in Cleveland," Obama said. "If he doesn't feel like he can get it there, then someplace else."America's most famous sports fan has endorsed a hoops outsourcing plan? Obama's LeBron Plan would destroy Cleveland sports on a scale rarely seen before in professional sports history. And with just a few words Obama's presidential advisers slammed their heads into their West Wing desks over and over. The delicate electoral alchemy of winning the state of Ohio in 2012 just got a lot tougher. Since Obama has spoken out on Lebron's decision, people in Ohio and especially Cleveland will have a tough time trying to win the votes in the state of Ohio. This decision affects the city of Cleveland and the state of the Ohio economically and politically. If Lebron James leaves the Cavaliers the interest and more importantly the revenue of the franchise completely vanishes. Interest will be lost because they lost their beloved hero in Lebron and they will lose millions in sales in jerseys, merchandise and ticket sales or even season seat renewals. Obama's opinion on Lebron will for sure cost him plenty of votes in winning the state of Ohio since they will be so against Obama for endorsing their hometown superstar to leave the city. When all the votes from the 2008 election were tallied, Obama received more political support from the city of Cleveland than just about anywhere in the United States, this might be the worst city for him in the next election if Lebron James ends up leaving to his Chicago Bulls.

Thursday, April 22, 2010

Opportunity Cost- Home or Residence, Ryerson or Brock

With the deadline for University acceptances approaching rapidly on May 3rd, I have very important decisions and choices to make regarding my future. There is an opportunity cost related to both University scenario's for me as I am still unsure if I would like to commute to Ryerson or stay in a residence at Brock. At this stage in my teenage years I feel there is too much pressure and life changing decisions to make a choice that can impact our careers and future life so significantly. But fortunately I have narrowed my decision down to two choices. My main choice would be to go to Brock university and end up with a degree in Sports Administration. Going to Brock would mean I would live on campus and in residence, have a set meal plan and have plenty of other costs to make life away from home more convenient. My second option would be Business Management at Ryerson University in the Ted Rogers School of Business. This would mean I would have to commute daily by the Viva bus, and then the Subway, which are both public transportation systems I do not trust, would want to rely on or deal with the traffic and time taken away from anything I would be doing that would benefit me like finishing homework. The commute to Ryerson University takes roughly an hour and a half, but could take past two hours depending on the time of day. Commuting to Ryerson would mean I would have to buy monthly passes for the subway and Viva which would cost roughly $150/month. Commuting to Ryerson would also mean I could work more often and earn more money to pay off school expenses, since I make $10.50/hour, over time this would help cover some necessary expenses instead of the very odd weekend I would come back from Brock and have the opportunity to go to work for a shift or two. This is one of the main opportunity cost situations that will alter my decision. I will also leave my family, relatives and friends as I will literally be isolated from all people I am comfortable with and have to enter unfamiliar surroundings and deal with issues and problems by myself. This is also another form of opportunity cost weighing in on my decision. Since tuition to both programs is the same at about $5000, in Ryerson I would have to pay $150 multiplied by eight months of school which would be $1200. That would push the yearly total to just over $6000. With Brock University the cost would include $5000 tuition, roughly $12000 including a meal plan, this places the Brock total to over $17000. These calculations are just looking at immediate needs and costs and it excludes costs like textbooks and other fees. So looking at the totals now I would save about $11000 by choosing Ryerson over Brock. This is the main factor related to opportunity cost, is the fact that there would be thousands of dollars saved by going to Ryerson. In the end I will have to choose between my number one choice of study being in Brock or save money for a more general type of study that would second choice in Ryerson. Hopefully the decision I make will not be a pressured one that will not lead me where I want in my career and future ambitions.