Shawn Kemp moved a step closer to getting his renegotiated megacontract, a seven-year deal with the Cleveland Cavaliers that will be worth about $107 million.
It will make Kemp the fifth NBA player in the $100 million club and will end the saga of the ex-Seattle All-Star whose anger with his old contract played a big part in driving him from the SuperSonics.
According to a source close to the Cavs, the sides have agreed on the amount of money Kemp will be paid -- approximately $8.3 million in the first season with 20 percent raises in each of the next six years. Several details remain to be worked out.
Cleveland had about $9.5 million of salary cap room when it acquired Kemp from Seattle in a three-way trade that sent Terrell Brandon, Tyrone Hill and a first-round draft pick to Milwaukee and Vin Baker to Seattle.
When the agreement is finalized, that money will be added on to Kemp's current $3.3 million cap slot. With the 20 percent bumps, it adds up to about $107 million.
The others with nine-figure contracts are Kevin Garnett ($126 million), Shaquille O'Neal ($120 million), Alonzo Mourning ($112 million) and Juwan Howard ($100.8 million).