Other Sport

LeBron returning to Cavaliers

2014-07-12 09:40
LeBron James (Getty Images)

Cleveland - LeBron James finalised a two-year contract with the Cleveland Cavaliers on Saturday with an eye towards maximizing his future salary once new TV contracts push NBA payroll limits higher, ESPN reported.

The US-based sports network's website reported that James inked a two-season deal worth only $42.1 million that would give him an option to become a free agent next year.

The Cavaliers confirmed the signing Saturday but refused to give any details about the contract's length or amount.

On Friday, James announced he would leave the Miami Heat, whom he led to two NBA crowns and four trips to the NBA Finals, and return to Cleveland, the team he spurned four years ago to join Miami in search of a first-ever championship.

Having solidified his place as the best player in the NBA, James said in an essay in Sports Illustrated that he wants to come home and accept the challenge of turning his home-region club into a champion.

No Cleveland sports team has won a major league crown since the Cleveland Browns captured the National Football League title half a century ago.

Under the plan, James would re-sign with the Cavaliers before the 2016/17 season, when new TV deals are expected to create a huge leap in the maximum possible contract for a player.

James could avoid locking himself into what in time is expected to be a less valuable deal.

Although there is short-term risk should TV riches not come as expected, James' skills and homecoming have created huge interest across the United States and figure to boost viewership as his undertakes his quest to make the Cavaliers a champion.

James said he is committed to play for the Cavaliers for the remainder of his NBA career, even though a short-term deal would keep other options open should his plans change or the Cavaliers revival proves more difficult than expected.

Depending on how the new television contracts are put together, the salary cap is projected to leap to as high as $80 million in 2016. There is also uncertainty with the current collective bargaining agreement starting in 2017, another reason James wanted to keep his long-term options open when it comes to the structure of his contract.

James, who is among the top NBA players in endorsement deals and non-salary income, has been paid $129 million over 11 seasons but received a maximum possible salary under NBA payroll rules in only three of those seasons.

Andre Wiggins, the top pick in last month's NBA Draft by the Cavaliers, was excited about having James join the team in the same season he will.

"The best player in the game comes to your team, it's a great experience," he said. "Me, Kyrie (Irving), all of us are going to enjoy learning from him and playing on the same team."

Read more on:    nba  |  lebron james  |  basketball


Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Add your comment
Comment 0 characters remaining
Live Video Streaming
  • Blitz
    Mon, 24 Nov 2014 @00:00
  • SS1
    Mon, 24 Nov 2014 @01:00
  • SS2
    Mon, 24 Nov 2014 @02:00
  • SS3
    Mon, 24 Nov 2014 @03:00
Video Highlights
Sport Talk

Love 2 Meet

Got something you'd like to get off your chest? Got a burning desire to air an opinion? If so, be sure to sign-up on Sport24's FORUM!

Latest blogs

How much of a runner are you?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

Newsletters Sign up for the Morning Glory, Super 15 and Soccer newsletters

WIN Enter and win with Sport24!

Mobile Sport24 on your mobile phone - WAP, alerts, downloads, services

Forum Have your Say on Sport24's brand new Forum!

BlackBerry Stay in the loop on your BlackBerry

iPhone Latest Sport24 news on your iPhone

RSS Feeds Sport news delivered really simply.

Blogs Yes your opinion counts. Get it out there

There are new stories on the homepage. Click here to see them.