LeBron James agrees to $100M extension with Cavaliers, AP source says
![LeBron James of the Cleveland Cavaliers celebrates during the Cleveland...](/_next/image?url=https%3A%2F%2Fcdn.newsday.com%2Fimage-service%2Fversion%2Fc%3AMWZlNDAwYWMtYzM0Mi00%3AYWMtYzM0Mi00OTUyMjU0%2Fspbriefs0623_vwz_web-cropped.jpg%3Ff%3DLandscape%2B16%253A9%26w%3D770%26q%3D1&w=1920&q=80)
LeBron James of the Cleveland Cavaliers celebrates during the Cleveland Cavaliers 2016 championship victory parade and rally on June 22, 2016 in Cleveland, Ohio. Credit: Getty Images / Jason Miller
A person familiar with the contract says LeBron James has agreed to a three-year, $100-million contract with the Cleveland Cavaliers.
The person says James, who recently led the Cavs to an NBA title — the first for a Cleveland sport team in 52 years — will soon sign the deal. The person spoke to The Associated Press Thursday on condition of anonymity because some details of the deal need to be finalized.
The 31-year-old James recently indicated he intended to re-sign with Cleveland, but was expected to accept the same one-year deal he signed in each of his two previous seasons since returning to Cleveland.
ESPN.com first reported James’ new deal.
James announced on Uninterruped he was re-signing with the Cavs, saying last year “was magical and inspiring.”
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