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Cleveland Cavaliers

News Release

FOR IMMEDIATE RELEASE

CAVALIERS SIGN LEBRON JAMES

The Cleveland Cavaliers announced this morning that they have

Agreed to terms with free agent LeBron James. LeBron James, according to owner Dan

Gilbert will sign a 2 year contract worth $42 million. Allowing him to make more when

The salary cap rises in 2 years.

James, born and raised down the road from Cleveland in Akron is

The leagues reigning MVP. James averages a career shooting percentage of .496, with

6,613 assist, and is 15th on the all-time scoring list with 26,138. James is one of 2

Players in NBA history to rank in top 25 in points and assist.

“We are ecstatic to have him back,” said Gilbert. “He is one of the

Best players to ever play the game and is a leader that this team needs. He will be able

To teach some of the younger players like Kyrie and Thompson. Hebron has always

Been loved by this city and will continue to be no matter where he plays.”

The 6-8, 250-pound 31 year old was selected first overall by the

Cavaliers in the 2003 NBA draft. James came straight out of high school after winning 3

State championships. He played the first seven years of his career with the cavaliers but

Then signed with the Miami Heat in the summer of 2010. James led the heat to 4

Consecutive NBA Finals going 2-2 in those series. James is 2-3 in the Finals overall.

James is a 4 time MVP. James looks to continue to be an All-Star this year with 12

Consecutive appearances.

CONTACTS: Trey Riggle February 7

feriggle@mail.umhb.edu