Its because the salary cap should climb and he wants more max if max goes up puff_>>
-murph
[h=5]LeBron Agrees to 2-Year Deal With Cavaliers[/h]ESPN.com's Brian Windhorst discusses why LeBron has agreed to a two-year deal with the Cavaliers.
[h=6][/h]
With an eye toward maximizing the future of the salary cap, LeBron James finalized his contract with the Cleveland Cavaliers on Saturday, sources familiar with the process told ESPN.comAfter changing perceptions of loyalty in the NBA four years ago, LeBron decides, first and foremost, to return to his roots. Story
James signed a two-year, $42.1 million deal with the goal of re-signing with the Cavs before the 2016-17 season when a new television deal is expected to create a large jump in value of the maximum contract.
As part of the deal, James will have an option to become a free agent next summer but is fully committed to the Cavs long term, sources said.
"I always believed that I'd return to Cleveland and finish my career there," James wrote in his essay on SI.com announcing his decision on Friday.
Depending on how the new television contracts are put together, the salary cap is projected to leap to as high as $80 million in 2016. There is also uncertainty with the current collective bargaining agreement starting in 2017, another reason James wanted to keep his long-term options open when it comes to the structure of his contract.
James' off-court earnings, which top $40 million per year according to some estimates, allows for him to take some short-term risk to maximize long-term earnings.
James has earned $129 million over his 11-year career but has only earned the max salary three times during that span.
James' Cleveland-based agent Rich Paul and lead negotiator Mark Termini structured the new deal with the Cavs.
-murph
[h=5]LeBron Agrees to 2-Year Deal With Cavaliers[/h]ESPN.com's Brian Windhorst discusses why LeBron has agreed to a two-year deal with the Cavaliers.
[h=6][/h]
With an eye toward maximizing the future of the salary cap, LeBron James finalized his contract with the Cleveland Cavaliers on Saturday, sources familiar with the process told ESPN.comAfter changing perceptions of loyalty in the NBA four years ago, LeBron decides, first and foremost, to return to his roots. Story
James signed a two-year, $42.1 million deal with the goal of re-signing with the Cavs before the 2016-17 season when a new television deal is expected to create a large jump in value of the maximum contract.
As part of the deal, James will have an option to become a free agent next summer but is fully committed to the Cavs long term, sources said.
"I always believed that I'd return to Cleveland and finish my career there," James wrote in his essay on SI.com announcing his decision on Friday.
Depending on how the new television contracts are put together, the salary cap is projected to leap to as high as $80 million in 2016. There is also uncertainty with the current collective bargaining agreement starting in 2017, another reason James wanted to keep his long-term options open when it comes to the structure of his contract.
James' off-court earnings, which top $40 million per year according to some estimates, allows for him to take some short-term risk to maximize long-term earnings.
James has earned $129 million over his 11-year career but has only earned the max salary three times during that span.
James' Cleveland-based agent Rich Paul and lead negotiator Mark Termini structured the new deal with the Cavs.
It's a brilliant contract.
He has the ability to get more money in 2016 and can sign a higher max as home team.
Beyond that, in 2 years and I think next year if he opts out, the Cavs can sign another max player and then sign James as a home player for the max above the cap.
Very few can do this, but barring paralysis, James will get the max any time he wants next five years.
Also he probably will insure against injury.
He has the ability to get more money in 2016 and can sign a higher max as home team.
Beyond that, in 2 years and I think next year if he opts out, the Cavs can sign another max player and then sign James as a home player for the max above the cap.
Very few can do this, but barring paralysis, James will get the max any time he wants next five years.
Also he probably will insure against injury.
[h=1]LeBron deal has eye on future cap[/h]
James signed a two-year, $42.1 million deal, sources familiar with the process told ESPN.com, with the goal of re-signing with the Cavs before the 2016-17 season when a new television deal is expected to create a large jump in value of the maximum contract.
http://espn.go.com/nba/story/_/id/11207703/lebron-james-deal-cleveland-cavaliers-2-years-421-million
James signed a two-year, $42.1 million deal, sources familiar with the process told ESPN.com, with the goal of re-signing with the Cavs before the 2016-17 season when a new television deal is expected to create a large jump in value of the maximum contract.
http://espn.go.com/nba/story/_/id/11207703/lebron-james-deal-cleveland-cavaliers-2-years-421-million
I can't imagine him leaving after all he said about wanting to go home, I think it is a salary cap issue
having said that, I didn't think he would leave Cleveland the 1st time and I didn't think he'd leave Miami this year, so I'm not a very good at predicting what LBJ is going to do
having said that, I didn't think he would leave Cleveland the 1st time and I didn't think he'd leave Miami this year, so I'm not a very good at predicting what LBJ is going to do
It is just because after 2016 the new TV deal is gonna make the cap go up like 40% higher than it is right now. FOXsports is rumored to wanna bid and if them and Disney get into a pissing match who knows how high it is gonna go. If the newer local TV deals are any indication, it is gonna be a staggering #.
