James’ position on maximum contracts hasn’t changed, sources said.
Are we sure LeBron will even opt out next summer? If he opts in, he’ll earn $35,607,968 next season. If he opts out, his max starting salary projects to be $35,350,000.
Those numbers are obviously close, but LeBron will be working with imperfect information. He must decide on his player option by June 29. The salary cap, from which max salaries are derived, won’t be released until July 1.
But I doubt LeBron is fretting a few hundred thousand dollars. I don’t think he’s worried directly about the monetary difference between a max and near-max contract at all. He’s set financially, regardless.
I think this is about power. LeBron can demand a team give him as much money as allowed, and whichever one he picks will. That’s appealing from an ego standpoint, which is why I expect LeBron to opt out (or at least wield his player option to get where he wants, but more on that later).
Demanding a max salary also fits LeBron as player-union vice president. It sets a precedent teams must spend to acquire talent. That’s healthy for players as a collective.
It’s easy to say LeBron can afford to take a small discount to help his team win a championship, because that’s the paradigm. Instead, he’s challenging teams to think smartly and creatively to find a way to max him out and still build a strong supporting cast.
That doesn’t preclude LeBron from eventually relenting and taking a discount if it’s advantageous. After all, LeBron once said he’d take a discount to play with Carmelo Anthony, Dwyane Wade and Chris Paul. But he’s setting a far harder line than before.
LeBron, Wade and Chris Bosh took discounts to join Miami in 2010. Heat owner Micky Arison delighted in the championships and recognition those stars provided – then cut corners on the rest of the roster to save money. LeBron noticed then left. He’s clearly not accepting that anymore.
So, every team is on notice – which is why it’s overly simplistic to say every team wants to sign LeBron. Of course, every team wants to sign LeBron. But not every team is willing to take the steps necessary to seriously pursue LeBron.
In 2014, the Cavaliers made a salary-dump trade before securing a commitment from LeBron. That paid off, but they could have just been frittering away assets if he signed elsewhere. Worse, if they didn’t make the trade, LeBron might not have returned.
The 76ers won’t necessarily have max cap space next summer, but they’re reportedly expected to chase LeBron. That suggests they’ll make proactive moves if necessary to have a chance. The Lakers should have max cap space, regardless.
And what about the Rockets? They’re another team linked to LeBron, but they’ll be hard-pressed to clear max space for him. They already have nearly $76 million committed to just five players (James Harden, Ryan Anderson, Eric Gordon, P.J. Tucker and Nene) plus three starters (Paul, Clint Capela and Trevor Ariza) headed into free agency.
But they could trade for LeBron if he opts in on condition of a deal, a la Paul last summer. How about Anderson and either Gordon or a signed-and-traded Ariza plus picks to the Cavs if they’re convinced LeBron would leave in free agency otherwise? Houston would have to send a load of picks, but it’s at least feasible.
That way, LeBron might earn more next season and re-sign for a larger max contract in 2019 – a projected $219 million over five years. That’s more than he projects to get if he re-signs with Cleveland long-term this summer ($205 million over five years).
However, that’s based on salary-cap projections that could change. And the Rockets might balk at spending so much. Of course, LeBron could also always execute the opt-in/re-sign-in-2019 plan with the Cavaliers. A trade to Houston won’t change how much money he can command from his team.
But it’s the type of no-settling thinking that might appeal to him.