Report: Cavaliers Resign J.R. Smith 4-year, $57M


The Cleveland Cavaliers and guard J.R. Smith have agreed to a four-year, $57-million contract, according to ESPN’s Marc Stein.

It was a long and stretched out process just like it was in 2015 when management waited until Sept. 2 to re-sign him to a one-year contract after he opted out.

Cleveland was reportedly willing to pay the 12-year pro in the range of $10 million to $11 million, but wasn’t willing to go above and beyond that number. Though Smith wanted something closer to $15 million per season. That became a huge issue with the organization already so deep into the luxury tax.

This new deal will be worth more than $14 million annually, but not all of it will be guaranteed, according to Cleveland.com’s Joe Vardon.

About Emanuel Godina

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