LeBron James Opts Out of Cavs Contract

Starting July 1, Lebron is going to be a free agent and finish his term with Cleveland Cavaliers.

Obviously, he is going to re-sign with Cavs to take advantage of the rising salary cap (24M -> 27.5M).

the goat

I'm just happy that the NBA final result has killed off the hype for Curry, which further proved that Lebron is the G.O.A.T.

8 Comments
 

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
 

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

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
 
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.

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

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
 

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