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him and jay z can make rap videos all day long now
yay!
http://sports.espn.go.com/nba/news/story?id=4383960
AKRON, Ohio -- LeBron James is unlikely to accept a contract extension from the Cleveland Cavaliers until after the 2009-10 season, when he can become a free agent.
At an event to unveil his latest signature sneaker for Nike, James, who has given no indication he plans to leave the Cavs, made his strongest comments yet about his future. The NBA's reigning MVP said he signed a three-year contract in 2006 with an option so he would have more flexibility once it expires.
"I signed a contract in 2006 with an option," he said. "It would make no sense for me to sign that contract if I didn't keep my options open. I'll let you fill in the blanks."
The Cavaliers offered James a contract extension last month. The 24-year-old said his agent, Leon Rose, and Cavs general manager Danny Ferry have had "a great conversation."
James doesn't expect his future to be a distraction for the Cavs, who acquired All-Star center Shaquille O'Neal this offseason.
him and jay z can make rap videos all day long now
yay!
He craves the attention.
He probably goin to stay if cavaliers are good enough to win le. but if the cavs bench play horrible in playoffs and Mo shoot 10% from deep then he will be likely to leave. just my opinion...
Good move. If the Cavs suck GTFO.
LeBron should probably walk. The Cavs signed their own death certificate when they decided Anderson Varejao's and Jamario Moon's overrated asses were worth $10 million of the capspace they could have used to entice Dwayne Wade, Chris Bosh, Amare Stoudemire, Joe Johnson, Rip Hamilton, Dirk Nowitzki, Carlos Boozer, Mehmet Okur, Josh Howard, Manu Ginobili, etc. to play with LeBron. Plus, add another $3 million wiped off the 2010 cap for Anthony Parker. The Cavs roster is going to be strictly low B-level talent, and I cannot see how that's going to entice James back.
he's smart
I bet Bron stays. In the end, the Cavs can offer him the most cash. They will give him a sick contract no one else will be able to come near. I dont see Bron passing that up just like I dont see Wade passing up money either.
That how the CBA was intended to work, so teams can with Bird Rights can offer the most years and most money. He will only use New York as leverage if need be.
Doing just really quick "guess" math, if the cap is about $58 million for 2010-11, and the CBA rules are the same as I recall with the 10.5% increases for teams that own Bird rights and 8% increases for any other team, the difference between what the Cavs can offer and what any other team can offer is pretty significant.
Cavs can offer about: $136 million over 6 years
Any other team can offer about: $102 million over 5 years
I'm not sure that sixth year is as important as his own legacy to James. He'll be 30 in 2015 when that fifth year is up, and barring injury, will almost certainly have no trouble getting that salary matched. He's pretty much a lock for one more major contract after the one he signs in 2010. As it looks right now, it's le or bust this season in Cleveland with not a lot of hope for the future there with all the money they have tied up in so-so players. He could surprise everyone like Tim Duncan did, but I think New York makes a lot more sense for James. They did screw up majorly giving Utah their pick (unrestricted) in next year's draft though. There are quite a few players that are going to be attainable to New York to go next to James which they can afford even if the cap comes in around $50-$52 million as the worst projections have been. Worst case for NY is they bring David Lee back, and I'd take him over Sideshow Varejao in a second. Unless the economy really picks up quickly, that $17 million or so in the 2011 expiring contracts of Curry+Jeffries is going to be a of a trading piece to really fill New York out.
Not really a surprise
Some European clubs can even afford more for Lebron, but money isn't the whole thing Crab is pursuing and the European league championships are not so favored as you may be deceived to believe by DAF and KBP.
If the Cavs fail to win the championship next season, for some reason like getting Shaq injured or Mo Williams mentally ed, then Lebron will definitely walk somewhere else as soon as he can no matter how many wins the Cavs collect in regular season or how far they can crawl in the playoffs.
Updated.
LeBron hints he'll explore free agency
AKRON, Ohio -- LeBron James is going to make the Cleveland Cavaliers wait -- and sweat.
James indicated Friday that he is unlikely to accept a contract extension from the Cavs until after the 2009-10 season and presumably will become a free agent.
At an event in his hometown to unveil Nike Air Max LeBron VII, the latest sneaker in his signature line, James made his strongest comments yet about his future. The NBA's reigning MVP said he signed a three-year contract in 2006 to give him more options once it expires.
"I signed a contract in 2006 with an option, and it would make no sense for me to sign that contract if I didn't keep my options open," he said. "I'll let you fill in the blanks."
The Cavaliers offered James a contract extension on July 18, the three-year anniversary of the signing of his current contract. The team could offer the extension -- at the highest salary allowed -- of up to four years. James can sign the extension offer anytime before June 30, 2010.
James, who will make $15.7 million next season, also has an option in his current contract that can extend his deal through the 2010-11 season.
However, it appears for now that James does not intend to sign the extension or pick up his one-year option for $17.1 million anytime soon.
The 24-year-old superstar said his agent, Leon Rose, and Cavaliers general manager Danny Ferry have had "a great conversation." But James remained noncommittal about his plans beyond the upcoming season, one he hopes ends with the Cavs, who acquired All-Star center Shaquille O'Neal shortly after their season ended, winning their first NBA le.
James was similarly positioned in 2006, when he decided to sign a three-year extension with the Cavs.
Despite James' insistence that he's happy in Cleveland, his choice to delay his decision is certain to spark more speculation that he'll sign with another club next summer. James has maintained that he's pleased with the Cavs' direction, owner Dan Gilbert and Ferry's attempts to add more talent to Cleveland's roster.
James said he isn't worried about his contract situation becoming a distraction.
Following an elaborate multimedia presentation by Nike, James, who will embark on a tour promoting his new shoe and "More Than A Game," a do entary chronicling his days at St. Vincent-St. Mary High School, answered questions about O'Neal and Magic forward Rashard Lewis' 10-game suspension for testing positive for an elevated testosterone level.
James also reiterated his Thursday comments in which he said he regretted not doing a mandatory postgame media session after the Cavaliers were eliminated from the playoffs by the Orlando Magic. But he also said that he didn't think he owed anyone an apology for failing to shake hands with the Magic players immediately after the series ended.
James offered sympathy to Lewis, who admitted taking an over-the-counter supplement late last season that included a substance he did not realize was banned by the league.
"It's unfortunate," James said. "I know Rashard really well and I know he's not that type of guy who would do anything to get the upper edge on another player, that's first and foremost. You just have to use great judgment. We have guys with us every day who can find out for you if it [substance] is banned or not banned by the NBA. A mistake by him."
James said he is looking forward to being teammates with O'Neal, one of the few athletes on the planet as recognizable as James himself.
"To get the opportunity to play with one of the greatest basketball players to ever play the game, that's the fun part for me," James said. "I'm humbled by that."
wouldnt u want to be a billionare?
Then he will get forgotten by us progressively and as a result, he will lose a big amount of ad incomes from Nike and some other companies he speaks for. Only DAF and KBP think so highly about the European league, I think Lebron should stick to this country holding the belief that the financial crisis will get resolved eventually.
yeah, as you just mentioned, the Greeks have poor credits and we all know what Childress has come across, and the laws of these "3rd world" countries are always too lame to say a word on behalf of the victim.
No surprise here...
They weren't going to sign a player of that calibre whilst trying to field a compe ive team this year. If they don't put players around LeBron that would make the team compe ive he would leave. You don't build a team through FA, it's through the draft and trades.
From West Hollywood, eh? I don't think that's what people meant when they were talking about James playing Greek basketball.I would love to see him go over there and get stiffed.
They're not going to get good draft picks with LeBron playing there and they're not going to make any more big trades without any decent expiring contracts to offer. I don't get Cleveland's plan at all. They could have had $8-$10 million to at least pick up a guy like Okur next summer if they didn't blow money on Moon and Parker.
I'm no cap expert but they would have had to renounce rights on Z, Shaq, let AV walk this summer just to have any capspace. That's big-man depth gone.
The draft picks I'm referring to in the Cavs case are Gibson, Hickson, Darnell Jackson, the most recent picks Eyenga and Green. Bench type role players most likely but Cavs FO sources seem to think JJ Hickson and Christian Eyenga can become bonafied NBA starters.
Parker and Moons contracts are 2 year deals with un-guaranteed money in the final 3rd years. With the cap expected to drop, LeBron mighn't opt out, it looks like Ferry is looking at the 2011 off-season.
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