The wait is over: LeBron James announced today that he would be returning to the Cleveland Cavaliers in a move that was entirely expected, but for a slightly surprising contract.
James has opted for 1+1 deals as the salary cap continues to rise, playing for one season and then opting out of the second year to sign a richer deal the next season. But this time, James signed a 3-year deal. This ends any commitment questions for James in Cleveland.
And in more impressive news, the contract is worth $100 million, and will pay James more annually than any player in NBA history. It will also be the first time in James’ career that he will be the highest paid player in the league.
Better late than never.