Jul 12, 2014, 6:20 PM EDT
This isn’t about leaving Cleveland, this is all about money.
LeBron James has signed a two-year, $42.1 million deal with the Cavaliers, something first reported by Brian Windhorst of ESPN. LeBron has an opt out after next season, should he want it. We had said in the run up to his decision that no matter where LeBron signed it would be a two-year deal.
This is about money down the line. Windhorst explains it well.
Depending on how the new television contracts are put together, the salary cap is projected to leap to as high as $80 million in 2016. There is also uncertainty with the current collective bargaining agreement starting in 2017, another reason James wanted to keep his long-term options open when it comes to the structure of his contract.
Max salaries are a percentage of the cap. For a player such as LeBron who has been in the league more than 10 years he can get up to 35 percent of the team’s cap space. This year that is $20,644,400, however 35 percent of $80 million is $28 million.
LeBron isn’t leaving Cleveland — after this move to return back home and saying publicly that is why he came back he could not leave again. He knows it.
But that doesn’t mean the man doesn’t want to get paid.
Jul 30, 2015, 5:40 PM EDT
In what will be the last year for Duncan and Manu Ginobili, not to mention David West’s long career, there will be plenty of desperation and energy in San Antonio.
Jul 30, 2015, 4:49 PM EDT
Arenas suggests LeBron isn’t selfish enough.
Jul 30, 2015, 4:11 PM EDT
Spurs coach happily assigns credit
Jul 30, 2015, 3:25 PM EDT
Will Karl-Anthony Towns, Nikola Pekovic or Gorgui Dieng start beside him?
Jul 30, 2015, 2:33 PM EDT
Will he want it?
Jul 30, 2015, 1:48 PM EDT
Timberwolves apparently weren’t just going to trade Love for whatever they could get
Jul 30, 2015, 1:00 PM EDT
Suspending Patriots quarterback for a quarter of the season was bare minimum for Mavericks owner
Jul 30, 2015, 12:07 PM EDT
Jerry Colangelo said attendance was mandatory to be considered for 2016 Olympic team
Jul 30, 2015, 11:22 AM EDT
NBA commissioner confident Africa will get a preseason game
Jul 30, 2015, 10:31 AM EDT
Hawks wing says his leg and ankle feel better
Jul 30, 2015, 9:28 AM EDT
Philadelphia drafted Holmes in second round
Jul 30, 2015, 8:33 AM EDT
Barnes is a perfect fit in for the “grit and grind” style of the Grizzlies.
Jul 30, 2015, 8:00 AM EDT
Portland not making a call means they knew Aldridge was gone and it was time to rebuild.
Jul 30, 2015, 12:55 AM EDT
The Rockets have nice depth up front.
Jul 29, 2015, 10:55 PM EDT
The Pelicans were one of the slowest paced teams in the NBA last season, that’s about to change.
Jul 29, 2015, 9:30 PM EDT
“I think someone who would watch this would think there is something wrong with me and something wrong with my friends.” — Chris Kaman
Jul 29, 2015, 8:47 PM EDT
Andrew Wiggins and Karl-Anthony Towns are about to be finishing alley-oops from the best lob passer in the game.
Jul 29, 2015, 7:47 PM EDT
Manu Ginobili is a stud.
Jul 29, 2015, 6:55 PM EDT
Kerr says Luke Walton is a future head coach in the NBA.
Jul 29, 2015, 6:31 PM EDT
Toronto has shifted the roster to be more defensive, and be able to go smaller.
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