J.R. Smith Re-Signs with Cavaliers: Latest Contract Details and Reaction

October 14th, 2016 by Tyler Conway Leave a reply »

Last offseason, J.R. Smith hung out on the free-agent market until August waiting on a new contract. This year, the impasse lasted all the way until October.


But much as he did a year ago, Smith and the Cleveland Cavaliers came to an agreement, the team announced Saturday. His new deal calls for $57 million over four years, per Marc Stein of ESPN, who first reported the deal Friday.

Stein added Smith's deal is fully guaranteed for $45 million through the first three seasons regardless of what happens in the fourth year. Stein also noted the fourth year becomes guaranteed if the Cavaliers don't waive Smith soon after the 2018-19 season ends.

Smith and his family expressed their feelings about the decision, via UNINTERRUPTED:



LeBron James also took to Twitter to express his excitement:



In his first full year in Cleveland last season, Smith averaged 12.4 points and 2.8 rebounds while starting 77 games. He ranked seventh in the NBA with 204 three-pointers, emerging as a valuable gunner and floor-spacer around James and Kyrie Irving.

The playoffs continued that t ...

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