Cavaliers Rumors: If LeBron James Returns, Cavs Could Spend Record $308 Million
The Cleveland Cavaliers could be footing a $300 million payroll next season, which would include over $150 million in salary-tax payments, if LeBron James re-signs with the team or exercises his $35.6 million player option for the 2018-19 season, according to Brian Windhorst of ESPN.com.
Per that report, the deals that netted the Cavaliers George Hill, Rodney Hood, Jordan Clarkson and Larry Nance Jr. before the trade deadline "added about $10 million in salary and luxury tax to their books this season. That will boost their tax payment to about $50 million and their overall payroll to nearly $190 million, the second highest in league history after the Nets‘ $193 million in 2013-14."
This article will be updated to provide more information on this story as it becomes available.
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February 15, 2018 at 08:02AM