LeBron James Opts Out of Cavs Contract

Matrick

Mentor

Human

There are players who will take a pay cut to make the team more competitive, but Lebron opts for more money Ja?

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA

thebrofessor

The Pro

is there a reason you picked a picture that's 90% wedgie?

Authored by: Certified Investment Advisor Professional - PartnerCertified Investment Advisor Pro

SMDRNB

Baboon

Made me laugh. +1

Authored by: Certified Asset Management Professional - 1st Year AnalystCertified Asset Management Pro

Matrick

Mentor

Human

While on the topic of Lebron, show some love for this awesome video

http://www.espn.co.uk/nba/story/_/id/16616002/nba-lebron-james-see-200m…

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA

Matrick

Mentor

Human

Best Response

James has the option to sign a one-year deal with the Cavs for $27.5 million for next season, which is about $3.3 million less than he could get were he to sign a multiyear deal in which the first year would be worth $30.8 million. Under league rules, the Cavs aren't able to give him the full max next season on a one-year contract.
There is a reason why James and his representatives might be willing to make this investment. Next July, the Cavs would gain James' full rights, putting Cleveland in a position to offer James a five-year deal that currently is projected to be worth between $201 million and $205 million, depending on various models NBA teams are using for revenue growth.

Under such parameters, James would become the highest-paid player in league history for the 2017-18 season by earning $35 million, passing Michael Jordan's record of $33 million in 1997-98. James would also become the league's first $40 million per season player in the 2019-20 season.

Next up: Lebron buys the Cavaliers.

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA

BobTheBaker

Human

Matrick funny, I read story that a minority piece of the Cavs could be up for sale. Tragically, NBA rules prohibit current players from purchasing teams.

Array

design

Neanderthal

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