CLEVELAND, OH (WOIO) –
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.
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Article Courtesy of WOIO 19 Action News Cleveland
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