Word: seven-year
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High school senior Lebron James caused plenty of eyes to pop when the NBA's top draft prospect scored a reported $90 million seven-year deal with Nike even before playing one game as a pro. But James is not the only teen phenomenon to attract big corporate bucks. The same week Nike settled James' deal, the company reportedly paid $1 million to sign up Ghanaian-born soccer star Freddy Adu, who just turned 14. (Nike will not confirm exact figures.) He has been hailed as the next Renaldo--and maybe even Pele--but for now he's the rising...
SETTLED. AOL TIME WARNER'S LAWSUIT AGAINST MICROSOFT, with a cooperation agreement that ends a bitter rivalry between the companies. Microsoft will pay AOL $750 million to settle the antitrust suit brought by its Netscape unit and will grant AOL a seven-year license for use of Microsoft's Internet Explorer browser...
...APPOINTED. SURYA BAHADUR THAPA, 75, of Nepal's National Democratic Party (NDP); as Prime Minister, by King Gyanendra; in Kathmandu. Thapa replaces Lokendra Bahadur Chapa, also of the NDP, who was unable to negotiate an end to a seven-year uprising by Maoist rebels. Thapa might not be able to do so, either, given the pressure to produce results fast. Since ascending the throne in June 2001, Gyanendra has shown little patience with his Prime Ministers, firing not just Chapa but his predecessor Sher Bahadur Deuba...
Harris, along with his wife Cheryl, will take over as co-masters of Cabot House next year from James H. and Janice Ware, who stepped down this year after a seven-year tenure...
...potential were money, LeBron James would be ... hey, wait a minute, potential is money, at least in the talent-famished world of the NBA, and James is filthy, stinking rich. At 18, without having played a second of pro ball, the 6-ft. 8-in. James just signed a seven-year endorsement deal with Nike for more than $90 million. He's getting paid for wearing shoes, people. Some of us do that for free. James is expected to be the No. 1 pick in the NBA draft on June 26, which means he will probably go to the Cleveland...