LeBron James has agreed to a three-year, $100 million contract with the Cleveland Cavaliers, making him the highest paid player in the NBA.
James, who recently led the Cavs to an NBA title – the first for a Cleveland sport team in 52 years – will soon sign the deal.
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The 31-year-old James recently indicated he intended to re-sign with Cleveland, but was expected to accept the same one-year deal he signed in each of his two previous seasons since returning to Cleveland.
ESPN.com first reported James’ new deal.
James announced on Uninterruped he was re-signing with the Cavs, saying last year “was magical and inspiring.”
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