LeBron to Miami Speculation Hot and Heavy

July 8, 2010 1:02 PM EDT
Fueling speculation that LeBron James is headed to the Miami Heat, USWeekly is reporting that he rented six cabanas at the W Hotel South Beach this weekend to celebrate his team decision.

LeBron will announced tonight in ESPN special at 9PM where he is officially headed.

Madison Square Garden (NYSE: MSG) stock rose 6.5 percent yesterday on speculation he could go to the New York Knicks. Today, the stock is down 5 percent.

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