The Cleveland Cavaliers reached a deal with veteran sharpshooter Mike Miller, reportedly being ready to sign the 14-year veteran to a two year deal worth around $5.4 million, including a player option for the second year. Miller is a favorite of homeward-bound Cavalier LeBron James (yes, that was as fun to write as it probably is to read) and he, by all indications, chose the Cavaliers over more lucrative offers from the Denver Nuggets and possibly Houston and Dallas. According to Jeff Goodman of ESPN, Miller had a longer-term, higher-paying offer of around three years for a total of $12 million from Denver. But he followed LeBron’s decision by wanting to play in Cleveland. For less money.1
Now it isn’t as if Mike Miller is hurting to feed his family, as Latrell Spreewell once proclaimed after being offered a $30 million extension from the Timberwolves that he felt was below his value. Miller, according to Hoopshype, has made just under $76 million in his 14-year NBA career. But due to his age, this could be Miller’s last shot at a long-term deal. You could be asking yourself, “Who is this guy and why is he writing about a deal that is yesterday’s news?” We’ll get to me later, but the answer to the latter half? Because he chose to come to Cleveland so he could play alongside the best player in the world and possibly compete for additional championships, that’s why. Why is this all significant? Because Miller wanted to come to Cleveland! No, he isn’t a game-changing player—although he will really help spread the floor with his dead-eye three-point shooting. Players want to play with LeBron and Miller’s signing demonstrated this. Hopefully this is just the first of many veterans that choose to come to Cleveland in order to win big and play with LeBron.
- Yes, the deal in Cleveland doesn’t include a third year so the actual comparison to the Denver offer has to be looked at in the prism of Miller and his possible contract two years from now, because he will most likely be getting paid something after his two-year Cavalier deal. But by that time Miller will be 37 and it would be surprising if he could still get close to that $4 million that Denver would’ve still been paying him. So for arguments sake, let’s say Miller will be playing for the veteran minimum of about $1.5 million two years from now. That means he would’ve taken about $5 million less over three years to come to Cleveland. That is quite significant. [↩]