- Report: Nets in ‘active discussions’ with Cavs for JaVale McGee, also interested in Kevin Love
- Report: Darius Garland was ‘hurt’ when Cavs and Tristan Thompson parted ways
- Report: Nets to make run at acquiring Cavs backup center JaVale McGee
- Report: Cavs had chance to acquire DeAndre Jordan in 2018 with LeBron James on team
- Report: Some Cavs veterans ‘resented’ Collin Sexton in 2018, wanted to trade for one last shot at title
- Video: Jarrett Allen catches a body as he posterizes Nets defender
- Video: James Harden delivers filthy through-the-legs pass to Kyrie Irving
- Kevin Porter Jr. shares emotional post as he bids goodbye to Cleveland Cavaliers
- Report: Darius Garland and Dylan Windler expected to play Friday night vs. Nets
- Report: Cavs saw James Harden potential in Kevin Porter Jr.
Cavs Rumors: LeBron James Expected to Opt out of Contract
- Updated: February 10, 2015
The move, first reported by Joe Vardon of the Cleveland Plain Dealer, stated that James is “widely expected” to decline his player option that would pay him $21.57 million next season, a bump from the $20.64 million he’s paid this year.
In truth, the supposed decision would be based on simple economics and not on any issues dealing with the state of the team. That’s because the NBA salary cap will be increasing next year, which should allow James to make approximately $23 million next season.
Any deal he negotiates for the 2015-16 season will undoubtedly feature another one-year opt-out clause. That’s because beginning with the 2016-17 season, a new television contract will kick in for the league, and is expected to boost the salary cap for teams up to $90-$100 million.
The max contract that James signs at that point will allow him to make up to 35 percent of the team’s basketball-related revenue. Teammate Kevin Love is also expected to take advantage of this situation when he’s eligible to become a free agent after this season.
Of course, regardless of how it’s worded, the main takeaway for some fans and especially media outside the Cleveland area will be that James plans on leaving the team over any one of a number of supposed problems. James himself has never given any indication that he’ll leave, so until his contract is signed, the rumor mill will be going at full speed.
James and the Cavs will host his former team, the Miami Heat, in an 8:00 pm ET matchup on Wednesday night.