Cavaliers, Thompson Reach 5-Year, $82 Million Deal

With the regular season just days away, the Cleveland Cavaliers finally reached an agreement with their restricted free agent Tristan Thompson.

The two sides agreed Wednesday to a five-year, $82 million pact, ending a lengthy stalemate that should ensure Thompson’s presence in Northeast Ohio through the deals already in place with Kevin Love and Kyrie Irving and, most likely, LeBron James.

Cleveland will have the highest payroll in NBA history with the signing, opening training camp next week with a commitment this year of approximately $115 million.

via Chris Haynes of the Northeast Ohio Media Group

UPDATE: Tristan Thompson’s agent, Rich Paul, has confirmed the agreement.