A few weeks ago, the Cleveland Cavaliers offered LeBron James a max deal worth $85 million.
Now, a source told ESPN’s Chris Haynes that James is considering a max offer of $85.5 million.
James, of course, is expected to sign a contract with the Celtics in the coming days.
The Cavs have already made the max offer, but it is believed James would want a maximum deal worth up to $100 million over the next four years.
The Cavaliers would be paying James about $21 million per season.
This would mean James would get a $25 million raise from his current $10.6 million per year deal, plus another $15 million if he becomes an unrestricted free agent in 2019.
If James signs a max extension, the Cavaliers would have about $43 million in cap space, which would make them one of the top teams in the NBA.
However, James’ deal would have to be restructured in order to pay him more than his current salary of $25.8 million per-year.
The new max offer is likely to come in the form of a player option, which is typically worth $1 million per player, plus the minimum of $1.5.
This is a way of avoiding the luxury tax, which means that James could potentially get paid in the range of $17 million per team, with a max salary of roughly $25-28 million.
While the maximum offer of the max offers would be $85M, James could ask for a larger deal in the new extension.
The New York Knicks, Golden State Warriors and Atlanta Hawks are all among the teams rumored to be interested in James.
If he opts out of his deal with the Cavs, James would become the third player to sign for a max, as Kevin Durant and James Harden signed with Golden State.