LeBron inked a two-year deal worth $46.97 million. He has a player option after the first season. The Cavs and LeBron now have full bird years. With the salary cap increasing, James is eligible for a five-year, $204 million contract beginning in 2017-18. The deal would begins with James earning $35.6 million in the first year of his deal.
He will make $ 22.97 million for the 2015-16 season, and $24 million for the 2016-17 season. Then it is believed that he will go for a 5 yrs/$204 million contract....
http://hoops-nation.com/lebron-james-officially-signs-with-cleveland/