J.R. Smith Announces Return To Cavs On 2-Year Deal

J.R. Smith

Free-agent guard J.R. Smith is going back to Cleveland, after agreeing to terms with the Cavaliers, he announced on Instagram Thursday night (August 20).

Sources tell ESPN the deal is for two years and more than $10 million total, with the second year being a player option.

Because of collective bargaining agreement rules, Smith will have the ability to veto any trade this season, giving him control over his future. LeBron James, James Jones and Matthew Dellavedova also have this option.

Smith opted opted out of the final year of his deal in June, in which he would've receiving $6.4 million for this season. However, after failing to find a richer deal on the free-agent market, he ultimately returned to the Cavs for a pay cut.

Smith was sent to the Cavs, via a trade with the Knicks, in January. He helped the Cavs finish the regular season 34-13 after the deal was made... averaging 12.7 points and 3.5 rebounds per game in that stretch.