Source:
https://scmp.com/sport/other-sport/article/1835604/lebron-james-staying-cleveland-he-signs-new-deal
Sport/ Other Sport

LeBron James staying in Cleveland as he signs new deal

Team determined to surround superstar with talent for another title challenge

LeBron James will earn US$23 million next season. Photo: AP

LeBron James has ended speculation about his future after agreeing a two-year deal which will see him remain with the Cleveland Cavaliers next season, multiple reports said Thursday.

The NBA superstar has reportedly agreed a contract worth nearly US$50 million after opting out of a two-year deal on June 29 to reach free agency.

The Cleveland Plain Dealer said that the deal comprised a US$23 million contract for next season followed by a US$24.7 million option for the 2016-2017 season.

James’s opt-out decision was widely interpreted as a gambit designed to ensure the Cavaliers sign more top talent for next season after losing this year’s NBA finals.

Earlier this week point guard Mo Williams said he had agreed a deal with the Cavs which would see him reunite with James.

Williams played with James for two seasons between 2008-2010.

The Cavs have also handed lucrative contracts to forward Kevin Love and point guard Kyrie Irving, further enticing James to stay.

Cleveland are also close to agreeing a new deal with restricted free agent Tristan Thompson, who shares an agent with James, according to reports.