After more than a month and a half of deliberation between the Cleveland Cavaliers and J.R. Smith, the pair have finally agreed on a contract. On Thursday, J.R. Smith posted the announcement via Instagram.
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Smith posted some great numbers when he was with the Cavs this past season, averaging 12.1 point, 3.1 rebounds, 2.8 assists, and 1.2 steals.
“Happy to say that I am returning to the Cavs! It’s been a long ride this summer, but I can say for sure well worth the wait. When i opted out of my contract, i wanted to understand the landscape of the NBA where I fit best. the Cavaliers had things to needed to do in order to piece together a championship caliber roster. I ended up deciding that instead of potentially securing a larger deal elsewhere, I wanted to re-join an incredible organization in pursuit of the ultimate goal, an NBA Championship. Thank you to the Cavaliers for making this happen. Can’t wait to get started. #TheLand”
Chris Haynes reports that the first year of Smith’s two-year deal is worth $5 million, which also includes a no-trade clause.
J.R. Smith, Cavs agree to two-year deal, league source tells @Clevelanddotcom. Will earn $5 million next season and player option on second.
— Chris Haynes (@ChrisBHaynes) August 21, 2015
J.R. Smith also has a no-trade clause, I'm told.
— Chris Haynes (@ChrisBHaynes) August 21, 2015
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It’s unclear whether Smith will be a starter or come off the bench, but after the contract Shumpert received this offseason, he’ll be the likely starter while Smith likely attempts to win the 2015-16 Sixth man of The Year award. In any case, it’s great to have Smith back.
Welcome back to ‘The Land,’ J.R. Smith!