the cleveland cavaliers had the top draft pick tonight, and if you ask me, they didn't use it very wisely david stern with the first pick of the 2011 nba draft. cleveland has made a decision. >> with the first pick in the 2011 nba draft, the cleveland cavaliers select, from the philippines, junrey balawing, the world's smallest man. >> he's undersized for his position, but his arms make up for it. >> jimmy: a very small forward. very small. the cavaliers also had the fourth pick in the draft, which they used to draft a player from texas. and just to make sure that these gugu don't leave them like lebron james did, cleveland, not only did they draft the players, they also took their families hostage. ron artest, by the way, ron artest of the los angeles lakers had big news today. ron actually filed papers to have his name legally changed to metta worldpeace. metta will be his first name and his last name will be worldpeace. the lakers should not have let him go to burning man. that was a mistake. i hope -- and i know this is bad but i hope he has another fight in the stands. remember when

going, but other owners, particularly owners of the boston celtics, golden state warriors, cleveland cavalierstively new owners that paid relatively a lot of money for their franchise to get a collective bargaining agreement. i don't know if that's ethical, but it's not illegal. but those are the pressures right now going on, and you're right, this past year was amazing. the miami heat, this friday, one year since the decision of lebron james, it provided just an amazing amount of interest and heat in the league itself, pardon the expression. >> i wonder also, this is a hard question to ask, because i'm not sure how much polling there is on this, but your sense of we have gone through these intense labor battles in wisconsin, we've seen them in ohio. i feel there's been a daunting consciousness. i wonder if that changed the dynamic of how the public receives information about this. >> it's a great question. >> when it's multi-million a year basketball player. >> great question, there is polling to back this up, the public sides with the players, and in the nba we don't have the polling yet, bu

1990s, cleveland marketed itself as the comeback city and invested hundreds of millions of taxpayer dollars in the rock and roll hall of fame and stadiums for the browns, indians, and cavaliers. >> the city of cleveland is expert at building big white elephants and calling them economic development and it doesn't work because if you look at the stadiums, you notice the buildings around it are empty. >> the politicians who champion these corporate welfare projects promise that they would stimulate the local economy, and on the face of it, that's precisely what they appear to do. >> they have a baseball game and a football game on the same day, 120,000-some people down there looking for parking, looking for places to eat. >> right. >> tipping the waiters, tipping the valet guys. >> sure there is more action around the stadium on game day, but economic studies consistently find that these kinds of publicly-funded projects fail to increase the overall economic activity. >> they're basically taking the entertainment dollar of a clevelander and saying, they're going to spend it here as opposed to there. >> in pro-sports it's common practice for team owners to threaten to relocate