Categories: Cavs Rumors

Cavs Rumors: LeBron James Expected to Opt out of Contract

Published by
Brad Sullivan

In a move that shouldn’t come as a huge surprise, LeBron James is expected to opt out of the second year of the Cleveland Cavaliers‘ contract he signed after returning to the team last July.

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.

Brad Sullivan

Brad Sullivan is a lead writer for Cavaliers Nation. He has spent much of life in the Cleveland, Ohio area, and has remained a Cavalier fan from their 1970 beginnings through the return of LeBron James. While that fandom was sorely tested during the Reign of Error known simply by one word, Stepien, that overall historical perspective will be part of his writing for Cavaliers Nation in the months ahead.

Published by
Brad Sullivan

Recent Posts

Cavs insider says Donovan Mitchell is ‘physically beat up and emotionally drained’

The Cleveland Cavaliers squandered an opportunity to reach the second round of the playoffs for…

10 hours ago

J.B. Bickerstaff seemingly calls officiating into question after Cavs suffer brutal loss to Magic

Cleveland Cavaliers head coach J.B. Bickerstaff seemed to call the officiating into question following his…

1 day ago

Kevin Garnett on Cavs: ‘They got an identity, but then they don’t wear it all the time’

Former Minnesota Timberwolves and Boston Celtics star Kevin Garnett directed some criticism the Cleveland Cavaliers'…

2 days ago

Report: Franz Wagner ‘pierced’ one of Jarrett Allen’s ribs with an elbow during Game 4

Cleveland Cavaliers center Jarrett Allen suffered a rib injury due to an elbow from Orlando…

3 days ago

Marcus Morris on Cavs fans: ‘I just wanted to get an opportunity to show why they love me and why I love y’all’

Cleveland Cavaliers veteran Marcus Morris had a strong performance in his squad's pivotal Game 5…

4 days ago

Brian Windhorst snaps on Cavs, implies they’re shooting themselves in foot vs. Magic

ESPN’s Brian Windhorst went off on the Cleveland Cavaliers for not taking advantage of the…

5 days ago