NBA: Cavaliers confirm LeBron James’ new deal

EPIC WIN LeBron James raises the Larry O’Brien Championship Trophy after the Cleveland Cavaliers defeated the Golden State Warriors 93-89 in Game 7 to win the 2016 NBA Finals at Oracle Arena on Sunday in Oakland, California. AFP

The Cleveland Cavaliers made it official Friday, announcing they have signed superstar LeBron James to a multi-year contract.

“We are very fortunate to have a championship group together, one that has grown organically to trust and sacrifice for one another, on and off the floor,” Cleveland general manager David Griffin said.

“At the core of that group is LeBron. His leadership, passion and tireless commitment are the hallmarks of our success and have inspired our entire franchise,” he said.

James, who announced the new deal on Thursday on the website Uninterrupted, posted a picture on his Instagram account on Friday of him apparently signing the paperwork.

“Committed!!” he wrote under the photo.

The Cavaliers did not release details of the contract but US sports broadcaster ESPN reported Thursday that it was for three years, was worth $100 million and would pay James $31 million in the first year and $33 million in the second, making him the league’s highest-paid player for the first time in his career.

James has signed a pair of one-year deals with the Cavaliers over the past few years.