BREAKING: J.R. Smith Re-Signs With Cleveland Cavaliers

J.R. Smith announced on Instagram that he has re-signed with the Cleveland Cavaliers:

 

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! #TheLand

A photo posted by JR Smith (@teamswish) on Aug 20, 2015 at 6:17pm PDT

ESPN's Marc Stein is reporting that the deal is for two years and over $10 million with a no-trade clause and a player-option for the second year.

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