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LeBron James Re-Signs With Cavs on 2-Year, $47 Million Deal

As expected LeBron James has signed a new deal with the Cavs. With Kevin Love returning and the addition of Mo Williams, the Cavs are looking like the heavy favorite to win the Eastern Conference again.

James new deal is worth two-years and $47 million, with the second year being a player option. This marks the first time since 2006 that LeBron re-signs with his team.

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