Categories: Courtside

LeBron James Signs 2 Year- $42 Million With Cavs

Lebron James has signed a two-year deal with the Cleveland Cavaliers worth $42.2 million. But if you’re thinking we’re going to have to do this whole decision process all over again in the summer of 2016, that would be incorrect.  The reason for the short deal, LeBron’s business savvy.

The NBA will begin negotiating for a new TV deal and the cap is expected to increase, so that would mean the opportunity for LeBron to make more money.

The NBA’s TV deal with ABC/ESPN and TNT/Turner Sports expires after the 2015-16 season, and revenue is expected to increase significantly in the next TV deal. Fox Sports is expected to join the bidding war for television rights, and ratings have been strong for the current networks. That means a max deal will worth more in a new TV deal.

LeBron can opt out in the summer of 2015 if he likes but his intent per “sources” isn’t to leave Cavs again. If you missed reading LeBron’s essay on why he return to Cleveland, you can check that out HERE.

Jill Munroe

Jill Munroe is a Los Angeles-based host, producer, and writer. You can find her work on sites such as FoxSports.com, EURweb.com, and MSN.com. Munroe is a current member of the African-American Film Critics Association and the National Association of Black Journalists. Munroe has also been a frequent guest on ESPN radio and Yahoo Sports. In 2015, Munroe released her first book, "PostGame Pass: access into "the life" JillMunroe.com

Share
Published by
Jill Munroe

Recent Posts

Jay-Z Added to Diddy’s Assault Lawsuit; Tyrod Taylor vs. Draya Michele

On the latest episode of RSVP with Jill Munroe, we get into the latest swirl…

2 weeks ago

Drake Goes Full Karen + Kendrick Lamar’s GNX Rules Billboard

The past week has been a whirlwind of drama and dominance in the culture, and…

2 weeks ago

Why the NBA is Flopping in the Ratings Race: Blame the NFL, Beyoncé, and a Tricky Playbook

The NBA's Ratings Woes: Why 2024 is Looking Like a Dunk Gone Wrong The 2024…

4 weeks ago

 Turkey, Touchdowns, and the Tea: Your Ultimate Guide to the 2024 Thanksgiving NFL Games

Thanksgiving is all about family, food, and football—and let’s be honest, the drama that comes…

4 weeks ago

‘Reasonable Doubt’ Season 2 Hulu Tackles Friendship, Power & Secrets | Exclusive with Raamla Mohamed & Emayatzy Corinealdi

Hulu's *Reasonable Doubt* highly anticipated second season delivers a complex mix of courtroom drama, personal…

2 months ago

Frasier Reboot Season 2: How Olivia, Eve, and Roz Redefine Strong Female Characters | Watch on Peacock

The *Frasier* reboot on Peacock returns for its second season, bringing back the beloved character…

2 months ago

This website uses cookies.