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Cleveland Cavaliers Victory Parade and Rally

#MattyWillz

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King James has a big decision to make regarding his next contract with the Cavaliers

After perhaps his most magical season LeBron James has a lot to consider when thinking about his next NBA contract.

Some assume he’ll sign a 1-year deal with an option for year 2 (like he did a season ago) that would net him around $30M for next season. Why would he do that? Because the NBA’s salary cap will reach it’s peak in 2017, and if he waited until then to sign long-term he’d cash in on the largest basketball deal of his life.

Or, he could just sign the long contract right now, because. . .

There’s an outside chance of another NBA lockout. In December the current collective bargaining agreement (CBA) will likely be decimated. If that happens, and an agreement can’t be reached quickly, a lockout (similar to 2011 and 1999) is an option.

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