Lebron James signs new 3-year contract with Cleveland Cavaliers

Cleveland Cavaliers' LeBron James talks about his teammates during a rally, Wednesday, June 22, 2016, in Cleveland. The Cavaliers made history by overcoming a 3-1 deficit to beat the Golden State Warriors in the NBA Finals and end the city's 52-year drought without a professional sports championship. (AP Photo/Tony Dejak)

CLEVELAND (WCMH)–ESPN is reporting that LeBron James has agreed to a 3-year, $100 million contract with the Cleveland Cavaliers.

The salary in the first year of the deal will be $31 million, making him the highest-paid player in the NBA.

He made the announcement on Twitter, via the Bleacher Report’s Uninterrupted.

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