According to reports, head coach Tyronn Lue has agreed to a new contract with the Cleveland Cavaliers. The contract is for five years with the first four years being guaranteed. The deal is also reportedly worth $35 million. Adrian Wojnarowski of Yahoo Sport’s the Vertical, was first with the news.
Cleveland Cavaliers coach Ty Lue has agreed to a five-year, $35M extension, league sources tell @TheVertical.
— Adrian Wojnarowski (@WojVerticalNBA) July 25, 2016
Tyronn Lue and Cleveland Cavaliers Agree to New Contract
Its big money for Lue, who has only been an NBA head coach for about half a season. What a debut it was though. Lue lead the Cavaliers to the NBA Championship by going 27-14, and defeating the Golden State Warriors in seven games after David Blatt was let go. Lue did not get a new contract when he was promoted to the new position.
Before becoming head coach, Lue was the NBA’s highest paid assistant coach. He had been with the Cavaliers since the 2014 season. His original contract was a four-year deal worth $6.5 million. Lue was previously an assistant coach under Doc Rivers, with the Boston Celtics and Los Angeles Clippers.
Reports say he has no performance clauses in his contract. The fifth-year of Lue’s new contract is also a team option.
Main Photo via Getty Images Sport.
