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Lebron James Re-Signs With Hometown Cavs

Lebron James Keith Allison via


Lebron James

Lebron James signs 3-year/$100 million deal with Cavs

Cleveland’s favorite son Lebron James has re-signed with the hometown Cleveland Cavaliers. The deal is reported to be 3-years, $100 million with James making $31 million for the first season. That will make him the highest paid player in the NBA next season.

This contract will also make Lebron the highest paid player in league history next season. He is set to make more than the previous record $33 million held by Michael Jordan in ’97-98.

The third season will be a player option for “King James.”

James has been playing on 1-year contracts since rejoining the Cavs two seasons ago. He and the Cavs finally agreed to a longer deal this summer that will keep James in Cleveland for at least two more seasons.

Lebron had this so say about his new deal:

“I just want to let y’all know I’m re-signing back with the Cleveland Cavaliers, my hometown team. I can’t be more excited than this opportunity once again, man, to defend our crown, defend our title…”

He also went on to suggest that the Cavs need to resign current free agent J.R. Smith.