Cavaliers Re-Signing Of LeBron James Made History
By Ryan Rosko
The Cleveland Cavaliers have re-signed their star, LeBron James, and this time it is more than just a one-year deal.
LeBron James is officially back with the Cleveland Cavaliers, having signed a three-year contract worth $100 million. Both Cleveland and James fans are happy right now. Hopefully, with his decision announced, the hypothetical of where James could sign when he is a free agent will stop for some time.
James brings in so much money for the Cavaliers, that because of him, as well as the Cavs’ success, they might be the worth the most right now. Obviously, there is no any indications that a sale is even being considered, but the likelihood of their worth being any higher would be tough to beat.
The wait is finally over for James to re-sign. Although it was surprising it took so long for him to sign a new deal, was there really any doubt?
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James’ contract gives him the honor of being the highest paid player for the first time in career this upcoming season. His salary for 2016-17 is worth roughly $31 million!
Having James locked in for multiple years is beneficial to the Cavaliers. Now they do not have to be concerned about James opting-out of his contract. Signing James now to a multi-year contract also is a win-win for both parties in regards to the salary cap.
James gets a raise while Cleveland gives him an increase without having to do the exact same thing next offseason. This offseason, the NBA’s salary cap increased considerably allowing teams to give players ridiculous raises.
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Such an increase is just the beginning because after the upcoming season, the cap will indeed rise again. Cleveland’s core is still not complete even though James is back. Guard J.R. Smith is on the free agent market, but all indications are that he will re-sign with the Cavaliers.
The question however is when? Smith is in line for a big raise following his impressive playoffs and NBA Finals play.
That is one key aspect as to his why it has taken so long to sign. Another could very well be waiting to make sure James did indeed go back to the Cavs.
It was only a matter of time for James to reach the reported triple digit contract as well as being paid the most in the NBA. For many, James is the best player in the league. His play has led to him winning the Cavaliers’ first championship, something that was a critical goal of his.
Since he completed that goal, what should we expect now?The answer is exactly what we have been seeing. James and the Cavaliers know that they have a target on their backs. In 2016-17, it will be a matter of backing up their title and ultimately getting back to the NBA Finals and winning it all again!