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LeBron James Introduces Nike Lebron 12

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 LeBron James and the Cleveland Cavaliers have agreed to a two year contract worth $46.97 million with a player option on the second year per Chris Broussard of ESPN. James will make $22.97 million in the first year and 24 million in the second year in the event the four-time MVP opts in.

James opted out of the final year of his contract on Sunday, June 28. James was due $21.5 million for the 2015-16 season.

James returned to Cleveland last summer after spending four seasons in south beach playing with the Miami Heat, where he won two championships. James signed a two-year deal with the Cavaliers, with a player option in the second year. First the first time ever, James would be the highest paid player on his respected team.



Article Courtesy of WOIO 19 Action News Cleveland

Picture Courtesy of Getty Images

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