Cavaliers announce LeBron James deal
Jul 13, 2014 - 2:03 AM Cleveland, OH (SportsNetwork.com) - The Cleveland Cavaliers announced Saturday evening what everyone already knew.They have signed LeBron James.
What the Cavaliers' 800-word news release didn't say is what was reported by multiple media outlets earlier in the day -- that James finalized a two-year, $42.1 million deal.
The contract, according to the reports, is built around James being able to re-sign with the Cavaliers a couple of years down the road when the value of the league's maximum contract is expected to jump.
James announced in a first-person essay on Friday that he was returning to the Cavaliers after four seasons with the Miami Heat, telling Sports Illustrated he was "coming home."
His decision ended heated speculation about where the four-time MVP would sign after he opted out of his contract with the Heat last month.
James played his first seven NBA seasons for the Cavs, averaging 27.8 points and taking the team to the NBA Finals once. He made the Finals all four years with the Heat, winning two NBA titles.
Cavaliers general manager David Griffin said in a statement the team "could not be happier" to welcome James back to Cleveland.
That's in stark contrast to owner Dan Gilbert's scathing letter four years ago in the aftermath of James' decision to leave for Miami.
No one has shouted yet.
Be the first!
Be the first!
Related News
- LeBron James Has Been At His Best for Many Birthdays Dec 29
- Cavs beat Bulls 109-95 Dec 23
- Cleveland Cavaliers vs. Chicago Bulls gamethread Dec 23
- Cavs down to 10 healthy players vs. Bulls Dec 23
- Watch the Market: Cavaliers vs. Pelicans Dec 22
- Shorthanded Cavs routed by Pelicans 123-104 Dec 21
- Cleveland Cavaliers vs. New Orleans Pelicans gamethread Dec 21
- Cleveland Cavaliers defeat Utah Jazz 124-116 Dec 20
- Cleveland Cavaliers vs. Utah Jazz gamethread Dec 20
- What to watch for in Cavaliers vs. Jazz Dec 20
- Cavs, Rubio reportedly discussing parting ways Dec 20
- Final Score: Cavaliers beat Hawks 127-119 Dec 16