CLEVELAND, Ohio – After coming home, defending NBA champion LeBron James is staying home. The four-time NBA MVP will re-sign with the Cleveland Cavaliers, he announced Thursday in a video for Uninterrupted.
James agreed to a new, three-year $100 million deal, according to ESPN NBA reporter Brian Windhorst. That makes the three-time world champion the highest paid player in the NBA. His salary for 2017-2018 will be the highest single-season salary in league history, Windhorst reported.
“Just want to let ya’ll know, man, I’m re-signing back with the Cleveland Cavaliers,” James said. “My hometown team. I can’t be more excited. This opportunity to defend our crown.”
LeBron called last season magical, inspiring and unbelievable.
“I’m ecstatic. I can’t wait to see my guys. I can’t wait to get back out there,” James said in the video.