National Basketball Association

LeBron James' new deal puts him in exclusive club with Kobe Bryant, Michael Jordan

Published Aug. 11, 2016 7:22 p.m. ET

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LeBron James made it official Thursday, telling the world that he will be back with his hometown Cleveland Cavaliers. The deal reportedly will be for three years and $100 million, which will make him the third player to reach the $30 million-a-year club.

James, who will be the highest-paid player for the first time in his 13-year career, will join Michael Jordan and Kobe Bryant as the only three players in league history to reach that gaudy salary figure.

Michael Conley, who signed a five-year, $152 million deal this summer with the Grizzlies, will join the trio in the 2018-19 season, when he will make $30.5 million. With the cap increasing thanks to the new TV deal, James could make even more annually once this deal expires.

Now that James has the financial part out of the way, he will turn his attention to helping the Cavs defend their title. It won't be easy, especially after the Warriors added Kevin Durant this summer.

For now, LeBron can enjoy all that newfound money.

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