Cleveland Cavaliers guard Andrew Boguts has agreed to terms on a four-year, $1 million deal with the Cleveland Cavaliers, the team announced Tuesday.
Bogut will be the highest-paid player on the Cavs roster this season, making him the third-highest paid player in the NBA.
He becomes the sixth player in NBA history to earn four-years, $7 million in the final year of his contract.
Boguts will be joining a Cavs squad that was last in the Eastern Conference last season.
“We are thrilled to welcome Andrew back to Cleveland and look forward to building a winning culture,” Cavs General Manager Chris Grant said in a statement.
“He is a proven winner who has been an integral part of our team’s success over the past few years.”
Boguts will wear number 33 on his jersey for the Cavaliers.