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LeBron agrees to three-year, $60M deal with Cavs

Updated: July 12, 2006, 10:36 PM ET
Associated Press

CLEVELAND -- As he has throughout his short career, LeBron James combined basketball with business acumen Wednesday by accepting less than the maximum contract offered by the Cleveland Cavaliers.

It wasn't a hometown discount. By taking $20 million less, James could cash in later.

LeBron James

Small Forward Cleveland CavaliersProfile

2006 SEASON STATISTICS

GM PPG RPG APG FG% FT%

79 31.4 7.0 6.6 .480 .738

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