J.R. Smith, Cavaliers reach four-year, $57 million deal

J.R. Smith is set to return to the Cavaliers on a new four-year deal.

The Cleveland Cavaliers have reached a four-year contract agreement with J.R. Smith, the guard announced in an “Uninterrupted” video on Friday night.

ESPN’s Marc Stein first broke the story and reported that the deal was worth $57 million.

Smith is coming off a season in which he averaged 12.4 points, 2.8 rebounds and 1.7 assists. He also helped contribute to the Cavaliers’ championship run as he scored 20 points in Game 3 of the NBA Finals.

• Eastern Conference questions: Will Cavs make a blockbuster move this season?

He became an unrestricted free agent after not picking up his $5.3 million player option for the 2016–17 season. The Boston Celtics were among other teams that were reportedly interested in Smith.

.@TheRealJRSmith and family are beyond thrilled to be back with the @cavs but also have some other BIG news to share. pic.twitter.com/NvC9bXjtTt

— UNINTERRUPTED (@uninterrupted) October 15, 2016

Smith turned 31 years old last month. He was the winner of the 2012–13 NBA Sixth Man Award.