J.R. Smith will re-sign with Cavs, who are favored to win 2016 NBA title

cleveland cavaliers j.r. smith contract 2016 nba championship betting odds cleveland cavaliers j.r. smith contract 2016 nba championship betting odds

J.R. Smith set to return to Cavs

CLEVELAND, OH (The Spread) – J.R. Smith is heading back to the Cavaliers on a two-year deal.

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Smith will sign a two-year deal to return to Cleveland, with the first year worth $5 million. The 29-year-old wrote on Instragram that after testing the market, he decided to pursue an NBA championship rather than take more money elsewhere.

“When I opted out of my contract, I wanted to understand the landscape of the NBA and where I fit best,” Smith wrote. “The Cavaliers had things they needed to do in order to piece together a championship caliber roster. I ended up deciding that instead of potentially securing a larger deal elsewhere, I wanted to rejoin an incredible organization in pursuit of the ultimate goal, an NBA championship.”

If he wants to win a title next year, Smith chose the best team to do it with, at least based on the odds. According to oddsmakers from online sports book GT Bets, the Cavs are 5/2 favorites to win the 2016 NBA Championship.

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