J.R. Smith announces he’s re-signing with the Cavaliers

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J.R. Smith’s return to the Cavaliers was always a matter of when, not if. He opted out of the final year and $6.5 million of his contract, hoping to secure a long-term deal after a solid season in Cleveland. But he found no market this summer after a terrible performance in the Finals, and re-signing with the Cavs seemed inevitable. Smith broke the news on Thursday evening with a post on his Instagram account.

Here’s what Smith said below the picture:

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!

It was always unlikely that another team would throw big money at Smith — what his inconsistent three years in New York and solid half-season with the Cavs proved beyond all doubt is that he’s not a first option on offense. He thrives spotting up for open threes, which is all he’s asked to do in a Cavs offense that includes LeBron James, Kyrie Irving and Kevin Love.

Next up for the Cavs: re-signing Tristan Thompson. He has threatened to take the one-year qualifying offer and leave next summer, but the Cavs have no choice but to cave and offer him a max deal.