LeBron James Signs Three-year, $100 Million Deal With Cavaliers, Will Be Highest Paid Player In NBA
LeBron James has finally re-signed with the Cleveland Cavaliers and the contract is a big one. The King has reportedly inked a three-year, $100 million contract that will make him the highest-paid player in the NBA for the first time.
James is slated to make $31 million during the 2016-17 season, which puts him at the top of the NBA’s salary rankings. He’ll also make more than $33 million in 2017-18, which will make him the highest-paid player in league history.
ESPN’s Brian Windhorst had the news first:
LeBron James has agreed to a 3-year, $100 contract with the Cavs, sources told ESPN
— Brian Windhorst (@WindhorstESPN) August 11, 2016
LeBron's salary in 2017-18 will top $33 million and be the highest single season salary in NBA history.
— Brian Windhorst (@WindhorstESPN) August 11, 2016
LeBron James new 3-year, $100 MILLION deal makes him highest paid player in the league for first time at $31M this season
— Brian Windhorst (@WindhorstESPN) August 11, 2016
There is no word on the opt-outs that are sure to be contained within the contract.
After finally bringing a championship to Cleveland, James can write his own ticket there. No one there will ever complain about his salary even if he gets injured or his play somehow rapidly declines. We all knew he was going to re-sign, it was just a matter of when and how much. Now we know, and no one can argue that he hasn’t earned that big paycheck.