The Cavaliers and head coach Tyronn Lue have agreed to a new, multi-year contract, the team announced today.
“Ty took over our team under very trying circumstances and his calm, confident approach was invaluable as we found our way to success,” said General Manager David Griffin. “His vision, leadership and tactical acumen were fundamental to us reaching our goals. We couldn’t be happier to have Ty continue to lead our group into the future.”
According to The Vertical, it’s a five-year deal worth $35 million.
“The opportunity to continue coaching the Cavaliers and this very special group of players is tremendous,” said Lue. “I am extremely appreciative of the effort and commitment that Dan Gilbert, Jeff Cohen, Nate Forbes, and David Griffin showed in extending my contract. Cleveland fans are the best in sports and I have thoroughly enjoyed being a part of this very special community. I am focused on helping this organization continue to grow and look forward to more success for our team and our fans.”
According to ESPN.com, “Lue did not sign a new contract when he was promoted from associate head coach to take over for David Blatt in January, sources previously told ESPN.”
Lue was promoted from associate head coach to head coach on January 22, 2016, thus becoming the 20th head coach in franchise history. The Cavs went on to finish the 2015-16 season with the best record in the Eastern Conference (57-25) and the franchise’s first ever NBA Championship.
During the 2016 Playoffs, Lue became the first head coach in league history to win his first 10 postseason games, as Cleveland would go on to finish a franchise-best 16-5 in their title run. After the Cavaliers defeated Golden State 4-3 in the 2016 NBA Finals, Lue became the fourth-youngest head coach to win an NBA title and just the third coach to win a championship after taking over a team mid-season, joining Pat Riley (2006 and 1982) and Paul Westhead (1980). The Cavaliers also became the first team to overcome a 3-1 deficit in Finals history and the fourth team to win an NBA Finals Game 7 on the road.