Cleveland Cavaliers Lebron James celebrates with the crowd during a parade to celebrate winning the 2016 NBA Championship in downtown Cleveland, Ohio, U.S. June 22, 2016.
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The Cavaliers and their star have agreed to terms on a new three-year contract that will make the NBA’s biggest star its highest-paid player with a $31million salary next season.
Cleveland’s National Basketball Association hero is cashing out with his newest deal.
James, 31, had a historic NBA Finals performance, leading all players in points, rebounds, assists, steals and blocks, becoming the first player in NBA history to do so.
A source told ESPN that James has a player option for the third year. James gets additional security – including the 2018-19 player option in the event league revenues fall short of projections and it’s larger than his maximum salary as a free agent – and benefits from the time value of money.
James posted to his Instagram a picture of him signing the deal Friday, perhaps at his home in Bath Township, with agent Rich Paul.
‘We all know previous year was magical, inspiring, all the words you can come up with man.
On Thursday, ESPN’s Brian Windhorst announced that LeBron will sign a three-year deal with the Cavaliers to the tune of $100 million. The primary question was, for how long would James sign, and, secondarily, what would be the impact on his bottom line?For the first time since leaving the Miami Heat in July, 2014, James has signed for multiple years. So let’s get the band back together, And let’s bring home another championship. “I just can’t wait to get the group back together – the team, the franchise, more importantly, get everybody together, the fans”, said James in part via the video from Uninterrupted.
From just up the road in Cedar Rapids, Iowa, the two-time major champion shot a 6-under 65 on Thursday for a share of the lead with former Stanford standout Patrick Rodgers and Ryan Moore in the suspended first round. Lastly, let’s get J.R. (Smith) done.
Warriors at Thunder: Saturday, February 11, Durant, the 2013-14 Kia NBA MVP with the Thunder, makes his first regular-season visit to Oklahoma City. So why would anyone want to see him wait?
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With the contract of LeBron James now settled, attention shifts to another Cavs player, J.R. Smith.
