“KING” James Stays Put In Cleveland – Signs A New Multi-Year Contract

By August 15, 2016 Basketball, Basketball News  Comments
"KING" James Stays Put In Cleveland – Signs A New Multi-Year Contract

It was long expected for LeBron James to sign a new contract with the Cleveland Cavaliers, and now it seems that that wait is about to end, as he decided to sign a new three year contract worth $ 100 mill.

After winning his third NBA title and the first Championship title for the Cleveland Cavaliers, LeBron James has made his final decision which is to stay home and sign a new three year deal for $ 100 mill, which will make him the highest paid active NBA player.

"KING" James Stays Put In Cleveland – Signs A New Multi-Year ContractWith Kobe Bryant out of the picture and retired, the highest paid NBA player became Mike Conley, who signed a 5 – year deal with the Memphis Grizzlies, which is going to bring him $ 26.5 mill only in the first year, but this has not lasted too long. Namely, the new highest paid NBA player – LeBron James will make $ 31 mill. only in the first season. During his second season of the new contract, King James is scheduled to make around $ 33 million, which is going to be the most annual pay for a player in the history of the NBA. In his final year of the contract, he is going to make around $ 35 million.

During the summer many speculations have surfaced about the future of LeBron James and his plans for the new deal. Many have expected him to sign a new 1+1 deal, becoming a free agent next summer and then hit the home run with a new multiyear contract after the salary cap drastically increases. His affection for the city of Cleveland and the Cavs fans made his decision much easier and he simply did not wanted to wait that long, especially now that he has broken the curse of winning the NBA title with the team that drafted him as the No.1 overall pick at the 2003 NBA draft.

Considering the fact that he will turn 32 on December 30th, we are sure that he has a lot more great seasons in front of him and that the Cleveland Cavaliers fans can rest assure that their superstar is focused on bringing the titles to their city.

Here are the top 10 NBA players with the highest income per season:

  1. LeBron James, Cleveland Cavaliers, $ 31 mill.
  2. Mike Conley, Memphis Grizzlies, $ 26.5 mill.
  3. Al Horford, Boston Celtics, $ 26.4 mill.
  4. Dirk Nowitzki, Dallas Mavericks, $ 25 mill.
  5. Carmelo Anthony, New York Knicks, $ 24.56 mill.
  6. Damian Lillard, Portland Trailblazers, $ 24.32 mill.
  7. Chris Bosh, Miami Heat, $ 23.7 mill.
  8. Dwyane Wade, Chicago Bulls, $ 23.2 mill.
  9. Dwight Howard, Atlanta Hawks, $ 23.1 mill.
  10. Chris Paul, Los Angeles Clippers, $ 22.87 mill.

Words By: Admir Aljic

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