Despite free agents now being able to sign contracts, the Cleveland Cavaliers don’t know LeBron James will sign his new deal.
According to Chris Haynes of cleveland.com, LeBron has yet to inform the Cavs as to when he’ll sign his contract for next season. James has been able to sign a new deal since July 7. Per Haynes, the team has reached out to James and his camp, but there hasn’t been a response yet.
At this point, it is assumed that James will be back with the Cavs next season. At Cleveland’s championship parade, he told media in attendance that he planned to return next season. Per Haynes, teams have contacted James, but they too have been rebuffed.
One reason why LeBron isn’t in a rush to sign at the moment could be that J.R. Smith hasn’t signed a new deal yet. Both James and Smith are repped by Rich Paul and James has historically been supportive of teammates when they negotiate new deals.
It also remains to be seen how long James’ deal will be worth and for how long it will be. It is assumed that he will sign a two-year deal with a player option for the second so he can sign a five-year max next summer. A max next summer for James will be worth upwards of $200 million.
Really, this is just a waiting game. James is going to re-sign and, as long as he signs before training camp starts, nothing else really matters.