Revenue stream to hit flood stage?
Projections for new TV deals have LeBron and others thinking big in 2016-17
LeBron James means business. The four-time MVP signed a two-year deal worth $42.1 million with the Cleveland Cavaliers, according to ESPN's Brian Windhorst. Under the terms of the contract, James will also have an opt-out after one year to give him flexibility in an uncertain NBA landscape.
Surprised? Don't be. It may seem odd that James, who said in his letter published on SI.com that he wants to retire a Cav, chose to ink a short-term deal with the organization. But the brevity of this deal should be seen as a tactical maneuver to maximize his earning potential, not necessarily an attempt to hold the Cavaliers and its fanbase for ransom.
To read more of Tom Haberstroh's look ahead to future NBA revenues, become an Insider today.
MORE NBA HEADLINES
- Chandler: Scapegoat 'at times' with Knicks
- Wolves' Martin has surgery, out 6-8 weeks
- Cavs top Magic, end skid on James' big night
- After exit, Carmelo doubtful to face Mavs