LeBron James has signed a two-year, $42.1 million deal with the Cleveland Cavaliers. There is one interesting detail in the contract, however.
According to Brian Windhorst of ESPN, LeBron has the opportunity to become a free agent again next year.
James has agreed to a two-year, $42.1 million deal with the team with the goal of re-signing with the Cavs before the 2016-17 season when a new television contract is expected to create a large jump in value of the maximum.
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.
Take a deep breath, Cleveland fans.
LeBron is a smart, smart man. And he knows exactly how to maximize his value.
While LeBron can become a free agent again next summer, he is committed to the team long-term and the hope is that he will re-sign with the team to a lengthier contract before his new two-year contract runs out.
That said, if LeBron does opt out and becomes a free agent in 2015, the emotions in Cleveland will be running wild again.
Be sure to stay tuned to FanSided.com throughout the remainder of the NBA Free Agency period for the latest news, rumors and signings from around the league.