LeBron James Signing 2-Year Deal With Cavs

by July 13, 2014
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With the CBA expiring in two years, it’s possible the size of the NBA’s max contract could soon increase. And with that in mind, LeBron James is signing a two-year deal with the Cavs, then likely re-signing with the team under the League’s soon-to-be-new CBA. Per ESPN:

With an eye toward maximizing the future of the salary cap, LeBron James finalized his contract with the Cleveland Cavaliers on Saturday.

 

James signed a two-year, $42.1 million deal, sources familiar with the process told ESPN.com, with the goal of re-signing with the Cavs before the 2016-17 season when a new television deal is expected to create a large jump in value of the maximum contract.

 

As part of the deal, James will have an option to become a free agent next summer but is fully committed to the Cavs long term, sources said.