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ESPN: LeBron James tells Cavs he will re-sign with team

Posted at 2:08 PM, Jul 18, 2016

LeBron James told the Cleveland Cavaliers he will re-sign with the team this summer, but there is still no timetable for negotiating or signing a deal, according to ESPN

ESPN reported J.R. Smith and Tyronn Lue still remain unsigned. 

Under league rules, ESPN said, James has several contract choices. He can sign for up to $27.5 million next season on a one-year deal or sign a multiyear deal at $30.8 million for next season.

For more information, visit espn.go.com