The 8.5 percent increase was finalized Tuesday by Major League Baseball and the players’ association. It is up from $13.3 million after the 2012 season, the first of the new system.
While people in Cleveland are celebrating “LeBron James Day” today and Miami Heat fans burning #6 jerseys, let’s look at the 9 most hilarious reactions to LeBron James’ decision to return home to Cleveland.
Teams and players could negotiate and agree to deals since July 1, but contracts couldn’t be signed or trades made until Thursday, after the moratorium period ended and next season’s salary cap was set.
The last time LeBron was on the market, the Mavs politely downplayed their interest because they lacked cap space and could only pull up a chair to the poker table at the invitation of the Cavs.
Carmelo Anthony will meet the Mavs in Dallas today and while there will be a dog-and-pony show, the foundation for Mark Cuban’s proposal will follow a four-step outline
As all-over-the-map as it looks, here is a profile of what the Mavs are looking for.
No contracts will be official until the moratorium ends on July 10. But there will be plenty of meetings, sales pitches and conference calls in the interim
Free agency opens Tuesday, and it’s no longer just a means for players to make their situations better. That might be Anthony’s goal, but for players such as LeBron James and Dirk Nowitzki, improving their teams might be the biggest benefit.
It all comes to a head beginning at midnight Eastern time, when the NBA free agent market officially opens. And much of it could be for naught.
A person familiar with the situation tells The Associated Press that LeBron James has decided to opt out of the final two years of his contract with the Miami Heat and become a free agent on July 1.
Rumors have surfaced that Carmelo Anthony would consider a move to Dallas. But does the Mavs’ 12-time All-Star think it might actually happen?
Nowitzki, speaking on 105.3 The Fan, obviously has some awareness of reports that ‘Melo might opt-out of his deal with the Knicks to explore free agency.