Cleveland - LeBron
James has agreed to a three-year contract with the Cleveland Cavaliers,
which will likely make him the highest paid player in the National
"I just want to let you all know I'm re-signing back with the
Cleveland Cavaliers, my hometown team," James said on his multi-media
"I can't be more excited than this opportunity once again, man, to
defend our crown, defend our title... just get the band back together."
James, a three-time NBA champion, did not release details of the
contract but US sports broadcaster ESPN reported that it was worth $100
million and would pay him $31 million in the first year and $33 million
in the second, making him the league's highest-paid player for the first
time in his career.
James has signed a pair of one-year deals with the Cavaliers over the
past few years. He chose to go with a longer term deal in Cleveland,
his hometown, because of the Cavs' success.
"We all know last year (was) magical, inspiring, all the words you
can come up with. It was an unbelievable season," said the Cavaliers'
all-time leading scorer.
"I just can't wait to get the group back together, the team, the
franchise, more importantly, get everybody together. The fans. Without
you guys, without your passion and commitment, we wouldn't have been
able to do what we did this past season. I'm ecstatic."
Nothing is official as the three-time NBA finals MVP isn't expected
to sign the new deal until next week when he returns to Cleveland for a
charity event, ESPN said.
James also said he hopes the team can convince free agent guard JR Smith to return next season.