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LeBron makes it official, signs three-year, $100 million deal to stay with Cavaliers

Cleveland Cavaliers Victory Parade And Rally

CLEVELAND, OH - JUNE 22: LeBron James #23 of the Cleveland Cavaliers celebrates during the Cleveland Cavaliers 2016 championship victory parade and rally on June 22, 2016 in Cleveland, Ohio. (Photo by Jason Miller/Getty Images)

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LeBron James said he was staying in Cleveland after the Cavaliers won the franchise’s first NBA title. The only question was for how many years and on what kind of contract, there were a lot of options.

We have the answer — LeBron is about to be the highest paid player in the NBA. Brian Windhorst of ESPN broke the story.

LeBron himself later confirmed the signing.

We don’t know officially if and when LeBron has an option in this deal.

Only two other players in NBA history have made $30 million or more in a season: Michael Jordan and Kobe Bryant.

LeBron has earned being the highest paid player in the league, and the Cavaliers have a core around him — Kyrie Irving, Kevin Love, Tristan Thompson, etc. — that will have them contending for a title every season. With LeBron, the Cavaliers remain the clear favorites in the Eastern Conference.