LeBron James Is Cleveland's Economic MVP

Oct. 30 (Bloomberg) -- Lebron James's return to Cleveland is a game changer and not just for sports fans. Economists estimate LeBron's return will inject hundreds of millions of dollars into the local economy, and downtown businesses are adding locations, jobs, and products to capitalize on the "Homecoming King" hype. Cleveland Cavaliers Chief Executive Officer Len Komoroski and other local business leaders talk to Bloomberg's Shelby Holliday about the booming "LeBronomy." (Source: Bloomberg) --Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.