On Saturday afternoon, LeBron James made his return to the Cleveland Cavaliers official by inking his deal.
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LeBron’s deal with the Cavs is worth $42.1 million over two years.
The Cavaliers commented on the signing with a press release on Saturday night.
“We could not be happier to welcome LeBron James home. Yesterday, LeBron, through his essay, told us he wasn’t going anywhere except Cleveland and that ‘Cleveland is where he always believed he would finish his career.’ These words and commitment put all of us, including LeBron, in the best position to build our franchise the right way and achieve the kind of goals we all know are possible. Expectations will be at the highest levels but no one should expect immediate and automatic success,” said Cavaliers general manager David Griffin.
“LeBron’s motivation to return home is clearly fueled by the kind of emotions and ideals that we can and should embrace. The contract and those details are secondary to his commitment to Northeast Ohio and the Cavaliers.
“It extends well beyond the boundaries of basketball and speak to his love and passion for his family, home, and our fans. He communicated his role and growth as a husband, father, teammate, community leader, and business person.
“This resonated in a special and personal way for all of us. LeBron put it well when he stated; ‘In Northeast Ohio, nothing is given. Everything is earned.’ We can’t wait to get started and look forward to his leadership, on and off the court, for many years to come.”
LeBron is able to become a free agent next offseason, but he is fully committed to the Cavaliers and the expectation is that he will sign a long-term deal with the Cavaliers once the new television deal is set rather than find his way back on the open market.