Sources: James, Cavaliers agree to 2-year contract

CLEVELAND — There was no need for a heartfelt letter this summer. LeBron James isn’t going anywhere.

This decision was easy.

Just shy of the one-year anniversary of his celebrated homecoming, James agreed to terms on a two-year, $47 million contract, two people familiar with the negotiations told the Associated Press on Thursday.

The deal includes a $24 million player option for 2016-17, said the people who spoke on condition of anonymity because James has not yet signed the contract.

That will be done soon enough as the four-time MVP has a busy schedule over the next few weeks to promote a new comedy film in which he portrays himself.

James is hosting a VIP screening for family and friends in Akron on Friday, where he’ll walk the red carpet with the other stars of “Trainwreck,” an R-rated movie he filmed last summer shortly after announcing he was returning to the Cavs.

Unlike last July 11, when his essay in Sports Illustrated touched Cleveland fans and changed the NBA’s landscape, James wasn’t the star attraction during this summer’s free agency period.

DeAndre Jordan and others took care of all the drama as James went on vacation in the Bahamas with close friends Dwyane Wade, Chris Paul and Carmelo Anthony.

James ended any suspense or speculation about his future with Cleveland by saying several times during the past season that he intends to end his career with the Cavs.

This is the first time since 2006 that James will re-sign with a team. On two previous occasions as a free agent he left for another team, signing with Miami in 2010 and Cleveland in 2014.

It had been expected that James would wait to see if forward Tristan Thompson, who is also represented by his agent, Rich Paul, would sign before he negotiated with the Cavs.

But on the first day teams could sign players, James made his intentions known to the Cavs, who in one season went from a lottery team to Eastern Conference champions with James.

With more experienced players and perhaps a few new ones, there’s no reason why the Cavs won’t be in the title chase again. James’ skills have shown no signs of erosion, and owner Dan Gilbert has shown a willingness to shell out major money to keep his biggest star surrounded with quality players.

And while his agreement with the Cavs is not a surprise, it does give him future flexibility and the ability to make more money next summer when the league’s new TV deal kicks in. The $24 billion package is expected to escalate the salary cap by millions.

The 30-year-old James led the Cavs to the NBA Finals in his first season back. Cleveland lost in six games to Golden State, but through no fault of James.

Forced to carry the scoring load following injuries to All-Star point guard Kyrie Irving and forward Kevin Love, James was brilliant against the Warriors, averaging 35.8 points, 13.3 rebounds and 8.8 assists — the best statistical line in finals history.

But it wasn’t enough, and after dropping to 2-4 in the finals, James said he’s more motivated than ever to bring a championship to Cleveland, which has gone without a major pro sports title since 1964.

Before free agency opened, James met in Los Angeles with Love, who said the pair had a “very honest” talk before the forward announced he would re-sign with Cleveland. Love signed his five-year, $113 contract on Thursday, saying in a video posted on The Players’ Tribune website that his talk with James helped him come to “the biggest decision of my life.”

“I always say, chase what you love and everything you love will chase you right back,” Love said. “That’s happiness.”

James can relate. He said numerous times last season that he and his wife, Savannah, and their three children, were happy being back in Ohio. He’s at ease around the people who know him best, and he’s determined to make good on his promise to deliver them a championship.

Talk to us

> Give us your news tips.

> Send us a letter to the editor.

> More Herald contact information.

More in Sports

Lake Stevens junior Keira Isabelle Tupua winds up to throw the discus at the WIAA Track & Field State Championships in Tacoma, Washington on May 30, 2025. (Joe Pohoryles / The Herald)
Keira Isabelle Tupua overcomes family turmoil at track & field state

The Lake Stevens junior places top four in two events while missing her biggest supporter.

Everett AquaSox catcher Andrew Miller prepares to bat against the Spokane Indians at Funko Field on June 1, 2025. (Photo courtesy of Evan Morud, Everett AquaSox)
AquaSox flex muscles in 13-4 victory over Spokane

Powered by five home runs, including three consecutively, the Everett… Continue reading

Shorecrest senior Jackson Sketchley winds up for his third attempt, where he set the winning mark of 194 feet-eight inches, in the 3A Boys Javelin Throw at the WIAA Track & Field State Championships at Mount Tahoma High School in Tacoma, Washington on May 31, 2025. (Joe Pohoryles / The Herald)
Shorecrest’s Sketchley wins 3A Boys Javelin at state

The senior is the lone 3A boys athlete from the area to win a title.

Shorewood’s Niki Genadiev and Daniel Bruno runs after the ball during the 3A state championship game against Mercer Island on Saturday, May 31, 2025 in Puyallup, Washington. (Olivia Vanni / The Herald)
Shorewood “family” comes up short in state title game

The Stormrays couldn’t finish a late rally in a 3-2 loss to Mercer Island.

Glacier Peak’s Mateo Ganje, left, receives the baton from Isaiah Owens in the 4A boys 4x100 relay final on Saturday, May 31, 2025 in Tacoma, Washington. (Olivia Vanni / The Herald)
Glacier Peak’s Ganje goes three-for-three on podium

Glacier Peak boys, Lake Stevens girls 4x100 each place second at 4A state track championships.

Runners pass by the stands at Mt. Tahoma high school in the 3A girls 3200 meter final on Saturday, May 31, 2025 in Tacoma, Washington. (Olivia Vanni / The Herald)
Shorewood’s Enriquez claims girls 3A pole vault crown

The senior is the lone 3A girls athlete from the area to win a title.

Kamiak’s Miller Warme yells as he crosses the finish line in the 4A Boys 110 Hurdles final on Friday, May 30, 2025 in Tacoma, Washington. (Olivia Vanni / The Herald)
Kamiak’s Warme, Arlington’s Scott take third in 4A Track

The Knights hurdler and Eagles thrower were two of seven area athletes to reach podium.

Shorewood’s Jaden Marlow looks to his left as he crosses the finish line in the 3A Boys 110 Hurdles final on Friday, May 30, 2025 in Tacoma, Washington. (Olivia Vanni / The Herald)
Shorewood’s Marlow earns two top-four places at state track

The junior takes fourth in the 110 hurdles and third in the pole vault.

Shorewood’s Niki Genadiev takes a penalty kick during the 3A state semifinal game against Ingraham on Friday, May 30, 2025 in Puyallup, Washington. (Olivia Vanni / The Herald)
Genadiev nets hat trick, Shorewood advances to title game

Niki Genadiev scored all of No. 1 Shorewood’s goals in a 3-1 state semis win over No. 12 Ingraham.

Jeff Page spent 47 years coaching track & field at Lake Stevens, including 32 as the program's head coach. The boys and girls teams totaled 33 Wesco titles, and the boys won the 2022 4A State Championship during his stint as head coach. (Photo courtesy of Jeff Page)
Turning the Page: Lake Stevens track coach set to retire

Jeff Page to close out 47-year coaching career with Vikings after state championships.

Vote for The Herald’s Prep Athlete of the Week for May 18-24

The Athlete of the Week nominees for May 18-24. Voting closes at… Continue reading

Jackson baseball players cheer before starting their next exercise during practice on Wednesday, May 28, 2025 in Mill Creek, Washington. (Olivia Vanni / The Herald)
Jackson baseball’s bond of ‘brothers’ carries team to semis

The Timberwolves will play Friday for a spot in the Class 4A title game.

Support local journalism

If you value local news, make a gift now to support the trusted journalism you get in The Daily Herald. Donations processed in this system are not tax deductible.