The biggest free agent in the summer of 2016 had not yet signed over a week into August. While many were expecting the reigning NBA Finals MVP LeBron James to re-sign with the Cleveland Cavaliers no one exactly knew when or for how much.
Now, The King officially announced he will return to ‘The Land’, reclaim his throne, defend his championship and chase some ghosts.
He announced he will re-sign through his media company, “Uninterrupted”.
BREAKING NEWS: @KingJames announces on UNINTERRUPTED he will sign a new deal with the @Cavs.https://t.co/CXZ5qFK5o6
— UNINTERRUPTED (@uninterrupted) August 11, 2016
ESPN’s Brian Windhorst, Chris Broussard and Darren Rovell have more details on his contract.
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
LeBron's 3 yr, $100 million deal with Cavs has a player option for 3rd year, source says
— Chris Broussard (@Chris_Broussard) August 11, 2016
Per game salaries (over life of contract) of recently signed players:
LeBron, $406,504
Conley, $373,171
Lillard, $370,244
KD, $318,902— Darren Rovell (@darrenrovell) August 11, 2016
LeBron James inks his deal with the Cavaliers after he elected to opt out of his deal. LeBron had said since the Cavs championship parade that he was going to re-sign with the team but he didn’t give a specific time when it would happen. Now, after the dust settled, The King remained true to his word and remained with Cleveland.
