LeBron's Charitable Group Cuts Staff

The nonprofit organization launched by Cleveland Cavaliers star LeBron James is cutting its staff and some of its charitable work.

By: Associated Press | NBC4i.com
Published: December 16, 2008

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CLEVELAND -- The nonprofit organization launched by Cleveland Cavaliers star LeBron James is cutting its staff and some of its charitable work.

The LeBron James Family Foundation will produce the King for Kids Bikeathon next June with consultants instead of staff to lower administrative costs.

The foundation's Web site lists a staff of six, including Jakki Nance, who became executive director in late 2007. A phone message left for Nance was not immediately returned.

Details on whether the foundation will exist only as a board of directors or what role Nance may retain were vague.

Last year's bikeathon raised $50,000 each for the Akron Area YMCA, the Akron Urban League and the foundation itself.

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