Originally Posted by SSj4Wingzero
It can't be illegal...it's only illegal if the team itself offers shares of stock to the player.

If the player himself chooses to buy stock in a team, what's to stop him? It's called a free market...
LeBron James can buy stock in the company that owns the Knicks, making theirs the potentially most lucrative deal the free-agent superstar can get, according to Forbes.com.

Forbes national editor Michael Ozanian writes, "I am telling you next season LeBron will be playing for the New York Knicks because this January they became the only franchise that can use their stock as currency."

The report says James can't be paid in MSG stock, but there's no limit on how much he can buy.
Right! I see. I thought this was considered a faux pas by Stern. Don't really know anything about stocks, but I'd buy some Cablevision stock if James signs here.