The world knows that LeBron is returning to Cleveland. Now we know the financials:
THIS JUST IN: LeBron James' deal with Cavaliers will be for 2 years, $42.1 million. (via @WindhorstESPN) pic.twitter.com/5MqJNezHjb
— SportsCenter (@SportsCenter) July 12, 2014
It looks like James is mindful of the new TV contract coming up in two years that will expand the salary cap. It is also worth noting that he can opt out after next season.
So there is a slight chance that we could be doing all this again next season.