According to ESPN'S Marc Stein, J.R. Smith has agreed to return to Cleveland. Smith's new deal is a four-year $57 million dollar deal. Also reported by Stein there were six other teams with anywhere from $13 million to $27 million in cap space: Minnesota, Phoenix, Utah, Denver, Brooklyn and Philadelphia. Smith declined his $5.3 million player option to test free agency. The league's new $24 billion dollar tv deal went into effect in June, with each team start with a $94 million cap. LeBron James, Tristan Thompson, and now J.R. Smith all have new deals, will put the Cavs well over the luxury tax. Last year owner Dan Gilbert spent over $53 million in luxury taxes. This year tax payments might be less. James is the highest paid player on the team and in the league at $30 million followed by Kevin Love at $21 million, Kyrie Irving at $17 million. Can the Cavs defend their championship? Stay tuned for more updates on everything sports.
The NFL community just lost one of their greatest defensive minds. Buddy Ryan passed away at the age of 84. Ryan began his coaching career and Gainesv...