Free-agent center Andrew Bynum has decided to sign with the Cleveland Cavaliers, passing on chances to play in Atlanta and Dallas next season.
Bynum, 25, has agreed to sign Cleveland’s two-year, $24.5 million contract, according Adrian Wojnarowski of Yahoo! Sports.
Y! Source: Cleveland guarantees $6M of possible $24.5M in incentive-rich deal to sign free agent Andrew Bynum. http://t.co/dA7kck5kR1
— Adrian Wojnarowski (@WojYahooNBA) July 11, 2013
Bynum will only receive $6 million of guaranteed money for the entire contract, however, the first year he can earn up to $12 million, along with a team option of $12.5 million in the second year. Cleveland will have to decide by next summer if they want to pick up the team option for 2014-15.
The Byum sweepstakes was a three-team race between Atlanta, Cleveland and Dallas, but in the end the incentive-rich deal that came from the team with the best young point guard in the game won out. Shocker.
Bynum, a two-time champion with the Lakers, was traded to Philadelphia last off-season after seven years in LA. Unfortunately, he never played a single game in a 76ers uniform because of knee surgery. The last time he suited up was the 2011-12 campaign — his breakout year. That season Bynum averaged 18.7 points and 11.8 rebounds in 35.2 minutes per game (all career marks).