Local startup offering LeBron James 1% stake in company, if he comes back to Cleveland

Story excerpt provided by Crain’s Cleveland Business.

Written by Chuck Soder.

A local startup company is begging LeBron James to come back to Cleveland, and offering him a small financial incentive to do so.

Phenom, which is launching a mobile app for athletes, not only painted a huge “Return of the King” mural on the roof above the company’s offices in Ohio City, they also say LeBron can have a 1% stake in the company if he comes back.

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Originally published July 9, 2014.