AP Source: J.R. Smith, Cavaliers agree to terms on contract

ESPN.com reported Smith will sign a four-year, $57 million deal

Cleveland Cavaliers' J.R. Smith reacts after making a three point shot during the fourth quarter of an NBA basketball game against the Cleveland Cavaliers Thursday, April 2, 2015, in Cleveland. The Cavaliers defeated the Heat 114-88. (AP Photo/Tony Dejak)
Cleveland Cavaliers' J.R. Smith reacts after making a three point shot during the fourth quarter of an NBA basketball game against the Cleveland Cavaliers Thursday, April 2, 2015, in Cleveland. The Cavaliers defeated the Heat 114-88. (AP Photo/Tony Dejak)

CLEVELAND (AP) – A person with direct knowledge of the negotiations says free agent guard J.R. Smith has agreed to a contract offer to return to the defending NBA champion Cavaliers.

Smith has been waiting out of training camp with the Cavs but now has a deal in place, said the person who spoke to The Associated Press on Friday night on condition of anonymity because the package has not been finalized.

ESPN.com reported Smith will sign a four-year, $57 million deal.

The 31-year-old Smith was a major contributor last season when the Cavs rallied in the finals to beat Golden State. He averaged 12.4 points and shot 40 percent on 3-pointers in 77 games.

Smith made two huge 3-pointers early in the second half as the Cavs completed an historic comeback after being down 3-1 in the series.

The sides had been in a stalemate over the amount and length of a contract.

(Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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