Cavaliers Sign LeBron James to Contract

CLEVELAND, July 3, 2003 -- The Cleveland Cavaliers have signed LeBron James to a contract, it was announced today by Jim Paxson, Senior Vice President and General Manager. Per team policy, contract terms were not disclosed.

The Cavaliers selected James in the first round (first overall selection) of the 2003 NBA Draft.

"LeBron brings an exciting new dimension to the Cavaliers and we couldn't be happier to make it official by finalizing his contract,” said Paxson. “We can now get down to work on the court starting with our summer leagues in Orlando and Boston."

James, 6-8, was named the consensus 2003 National High School Player of the Year. He was named the PARADE High School Boys Basketball Player of the Year as a junior and senior, becoming the first repeat winner in the 47-year history of the award. James was also named the USA Today and Gatorade Player of the Year as both a junior and senior.

He led St. Vincent-St. Mary (SVSM) to three state championships in four seasons and was named Mr. Basketball for the state of Ohio by the Associated Press (AP) for three straight seasons, beginning with his sophomore year. He was the first player named to the USA Today All-USA First Team for three consecutive seasons beginning with his sophomore season. For his high school career, he totaled 2,657 points, 892 rebounds and 523 assists in four seasons at SVSM.

Following his senior season, James was named the MVP of McDonald’s High School All-American Game, the EA Sports Roundball Classic and the Jordan Capital Classic.