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 and where I fit best. The Cavaliers had things they 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 rejoin 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
As has become his custom for announcing new commitments these days, J.R. Smith let the world know that he was returning to the Cavs via Instagram last night. The deal is reportedly for two years and more than $10M, according to ESPN.com sources. The second year of the contract will be a player option, and also that Smith will have the ability to veto any trade during the season.