Lebron James to sign 3 year, $100 million deal
LeBron James has agreed to a three-year, $100 million contract with the NBA champion Cleveland Cavaliers, agent Rich Paul told ESPN.
The salary in the first year of the deal will be $31 million, making James the highest-paid player in the NBA for the first time in his career. The salary for the 2017-18 season will top $33 million, making him the highest-paid player in a single season in league history, topping the $33 million Michael Jordan earned with the Chicago Bulls in the 1997-98 season.
A source told ESPN that James has a player option for the third year.
(SNIP)
Over the past two years, James had accepted one-year contracts from the Cavs with player options. After considering his choices, James opted for a longer deal with the Cavs this summer.
http://www.espn.com/nba/story/_/id/17277001/lebron-james-officially-re-signs-cleveland-cavaliers
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