LeBron James & Contract Options: What You Need to Know – Terry Pluto



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CLEVELAND, Ohio – I'm talking about the contractual situation of LeBron James while he thinks about the free agency:

QUESTION: Will James get his gambling option for $ 36.5 million by the June 29 deadline?

ANSWER: I spoke to NBA executives and I checked the work contract to collect this breakdown of the different options available for the Cavaliers star. There is almost no chance for James to take this option.

Q: Did not Chris Paul choose his one year option with the Clippers last summer?

A: He did it. But the only reason was to establish a business in Houston.

Q: Why would James not do the same if he wanted to play somewhere else?

A: I guess it's possible, but James has always wanted total flexibility. If he wants to go somewhere, he will go as a free agent.

Q: What about old "signature and exchange" agreements?

A: They exist, but the parts that have been useful to the players have mostly disappeared. It's complicated, but I doubt that James is part of a "sign-and-trade".

Q: What does he want to stay one more year in Cleveland?

A: Then he will make another 1-and-1 contract. In this case, he would sign for the maximum amount – a $ 36 million project in 2018-19. But he would add a player option for the maximum in 2019-20 – about $ 37 million.

Q: What is the point?

A: He has two years of protection, but can leave after a single season. Suppose James signed a 1 and 1 contract for next season – and he suffered an injury ending his career in December. He would still be paid $ 73 million … the 1 and 1 … because he would resume his player option even if he could not play.

Q: Was not James the first to make these contracts 1 and 1?

A: I believe it. He is with Klutch Sports Agency, where Rich Paul is the agent. The contract's negotiator is Mark Termini, a sports lawyer from Cleveland and a veteran. Other NBA people have said that Termini had this idea.

Q: Do you think that there will be a trade involving James?

R: Not likely. Since arriving at the Cavs, he has had a no-trade clause and he will continue to have a no-trade clause in any new deal. He is the best player in the NBA. He can dictate his terms.

Q: Why not sign a long term maximum contract with the Cavs?

A: James completes a 2-and-1 contract. He played two years on an agreement signed after the 2016 title. He has the option for this season. He must at least consider the maximum because Cleveland can pay him more than anyone else.

Q: How does it work?

A: There is a benefit to the court for free agents. The Cavs can offer James a maximum transaction of about $ 205 million for five years. If he goes into another team, the maximum he can touch is about $ 152 million for four years.

Q: Can not he wait another year, then sign a 5 year contract with the Cavs?

R: No To get this five-year maximum, he has to sign this summer. A player who signs the long-term maximum contract must finish at the age of 38.

Q: Say what?

A: James is 33 years old. His five-year contract with the Cavs would end when he turns 38. S & he waits until next summer to sign the grand maximum contract, this can only last four years. This is because he will be 34 next summer and the contract must end at 38 years old.

Q: So, it's his last chance to sign a contract of up to 5 years?

A: Exactly.

Q: Do you think he's going to do it?

R: I doubt it. James has been advised to keep his options open since his arrival at the Cavs. But he must discuss it.

Q: The longest he can sign with another team is four years?

A: It's ok.

Q: So, next summer, he could leave the Cavs and sign a 4 year contract with a team like the Lakers?

A: It's ok. He will be 34 years old and the case will end at 38 years old. It is legal.

Q: Why does James not sign less money than the maximum?

A: James has never been the highest paid player on his team until he comes to the Cavs in 2014. He has never received a maximum pay until he's got the best job. to this date. He sees no reason to take less.

Q: Are you going to say what James will do?

A: Other than refusing his option on June 29? I have no idea.

Q: How about guessing?

A: In 2010, I spoke to a group of lawyers in Akron. They asked what James would do. I've said that I had doubts about the fact that he stays with the Cavs, "But the thing I do not expect is what he does. Go to Miami with Dwayne Wade. " I talked about Chicago or New York as destinations. I stopped guessing about James after that.

Q: So what's the point of this story?

A: So that the reader understands his options – especially if it's his last chance to sign the maximum five-year deal. It was something I did not know until recently.

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