LeBron James made his return to the Cleveland Cavaliers official by signing a two-year, $42.1 million contract Saturday, according to ESPN reporter Brian Windhorst.
Naturally, some Cavs’ fans may question James’ committment for signing such a short-term contract.
But Cavs fan can relax, at least for now, because it appears James is trying to make the most of his basketball talents while time allows. Windhorst reports James is looking to get maximum value for his services after the NBA signs a new television contract.
“James signed…with the goal of re-signing with the Cavs before the 2016-17 season when a new television deal is expected to create a large jump in value of the maximum contract.”
With James’ history, many will probably be skeptical over the four-time MVP’s future plans, especially since he can opt out of his deal and be a free agent again next summer if he chooses to do so.
“As part of the deal, James will have an option to become a free agent next summer but is fully committed to the Cavs long term, sources said.”
The salary cap is expected to jump as high as $80 million in 2016, and there’s some uncertainly regarding the collective bargaining agreement in 2017, which also affected the contract length.
James makes $40 million per season, according to Windhorst, and has the financial flexibility to gam be on the length and money when it comes to his NBA contracts.
Are you worried, or do you believe this is just a financial move?