J.R. Smith’s big summer gamble appears to have ended in something other than outright disaster. The veteran shooter announced via Instagram on Thursday that he has reached an agreement to re-join the Cleveland Cavaliers. Chris Haynes of the Northeast Ohio Media Group later reported that Smith will earn $5 million for the 2015-16 season with a player option for the second year of the deal, later confirmed by Yahoo’s Marc Spears. Smith will also have a no-trade clause, which is not insignificant given his controversy-filled history and the deal that sent him to Cleveland from the New York Knicks last January.
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