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 28, 2014, 8:00 AM EDT
After all the players shifts this summer, the top three teams in the power rankings remain unchanged from the last one lst year.
Jul 28, 2014, 2:04 AM EDT
Lance letting us know where his loyalties lie.
Jul 27, 2014, 10:00 PM EDT
The 2015 Slam Dunk Contest champion might have already been decided.
Jul 27, 2014, 8:30 PM EDT
At least he has an injury.
Jul 27, 2014, 7:00 PM EDT
We’ve known this for a while now.
Jul 27, 2014, 5:30 PM EDT
Millsap gets the call as a late addition after Blake Griffin and Kevin Love dropped out in the last few days.
Jul 27, 2014, 4:00 PM EDT
KG is likely coming back for his 20th NBA season, but may be setting himself up for something more with the Nets one his playing days are finished.
Jul 27, 2014, 2:30 PM EDT
LeBron makes yet another momentous decision.
Jul 27, 2014, 1:00 PM EDT
L.A. will keep Nash on the roster for the upcoming season, and take the cap hit for the $9.7 million remaining on his contract all at once.
Jul 27, 2014, 11:30 AM EDT
Only other possibility would have been LeBron facing the Heat, but that feels more like Christmas.
Jul 27, 2014, 10:01 AM EDT
Team downplays ESPN report that a contract has been agreed upon.
Jul 27, 2014, 9:29 AM EDT
Would Harden have been offended if he and Parsons made similar money?
Jul 27, 2014, 8:00 AM EDT
Kobe looks like Kobe, even all those years ago.
Jul 27, 2014, 12:30 AM EDT
Wade can play a little football.
Jul 26, 2014, 11:37 PM EDT
The negotiations was over years and the fourth year is a team option.
Jul 26, 2014, 10:00 PM EDT
Beasley is an unrestricted free agent, and some team will almost certainly take a chance on him next season.
Jul 26, 2014, 8:30 PM EDT
Bledsoe is absolutely right.
Jul 26, 2014, 7:00 PM EDT
If Kevin Love will not opt-in to the last year of his deal, would you still give up Wiggins for him?
Jul 26, 2014, 5:30 PM EDT
Nobody scores on Joakim Noah, 7-year-old youth included.
Jul 26, 2014, 4:00 PM EDT
Being inserted into the starting lineup might have something to do with it.
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- Report: Lakers, Byron Scott agree to four-year, $17 million deal to coach team 15
- Kevin Love trade talk: He doesn’t want to opt in to deal, Cavs may live with that 40
- Kevin Love leaving Team USA not helpful, certainly not devastating either 19
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