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LeBron James has re-signed with the Cleveland Cavaliers and for the first in his career, he is the highest paid player in the NBA.
James announced on Uninterrupted, a vertical he has an investment in, that he is re-signing with the Cavs. Per ESPN’s Brian Windhorst, James’ deal is for three-year and $100 million. For the 2016-17 season, James will make $31 million - the highest salary in the NBA.
BREAKING NEWS: @KingJames announces on UNINTERRUPTED he will sign a new deal with the @Cavs.https://t.co/CXZ5qFK5o6
— UNINTERRUPTED (@uninterrupted) August 11, 2016
"I just want to let y'all know I'm re-signing back with the Cleveland Cavaliers, my hometown team," James said in the video. "I can't be more excited than this opportunity once again, man, to defend our crown, defend our title. We all know last year as a magical, inspiring-- all the words you can come up with-- it was an unbelievable season. I just can't wait to get the group back together-- the team, the franchise, more importantly, get everybody together, the fans. Without you guys, without your passion and commitment, we wouldn't have been able to do what we did this past season. I'm ecstatic. I can't wait to see my guys. I can't wait to get back out there in the wine and gold and just get the band back together."
At this time, the full details of James’ contract has yet to be announced and the team has yet to confirm the deal.