LeBron James will re-sign with the Cleveland Cavaliers; we just don't know when or on what type of contract.
James can follow his customary route of signing another one-and-one deal and opt out again next summer. He could also end all doubts about his long-term commitment to Cleveland and agree to a multiyear max extension with the world champion Cavaliers.
Should James, who is already the world's third-highest-earning athlete in 2016 according to Forbes, continue to wait and cash in next summer to reach his max value? Or should he sign a salary-cap-friendly deal now to help the Cavs save money for future outside help?
Money Breakdown
Since Cleveland doesn't own James' full Bird rights yet, signing a one-year deal would net him $27.5 million in the 2016-17 season. If he were to sign a four-year max extension, his beginning salary would actually be higher, starting at $31 million.
This is because the Cavs don't have the cap space to sign James outright and can only increase his 2015-16 salary of $23 million by 20 percent, giving him the $27.5 million figure. Since he's played two ...
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Article written by Greg Swartz
Breaking Down LeBron James’ Options in Next Contract with Cleveland Cavaliers
August 1st, 2016 by Greg Swartz Leave a reply »
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