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    LeBron James: Report: LeBron taking less now for more pay later

    LeBron James - F - LAK - Jul. 10 - 1:14 am et

    ESPN's Stephen A. Smith is reporting that LeBron James has only agreed to a four-year, $60 million deal with the Cavs that includes a clause that will allow him to become a free agent after three seasons.
    That's quite different than the five years/$80 million originally reported, but it should give the Cavs plenty of time to win a title with LeBron and helps to explain why he took so long with his decision. With the NBA's collective bargaining agreement set to expire at the end of the 2010-11 season (when he could become a free agent), James looks to be positioning himself for an even bigger payday as a free agent when the cap goes up. Under a new agreement, James and other stars could be in line for deals in the neighborhood of six years and up to $150 million. James is displaying business skills that rival his skills on the court. Jul. 10 - 1:14 am et
    Source: ESPN.com

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