LeBron James signs new contract that will make him highest-paid player in NBA history

Fresh off delivering the Cleveland Cavaliers their first-ever NBA championship, LeBron James finally signed his new contract.

It. Is. A. Whopper.

James himself broke the news in a video posted to Twitter on Thursday evening.

James' agent, childhood friend Rich Paul, gave more details to ESPN.com. The deal is reportedly worth $100 million over three seasons. The second year will pay James just over $33 million, according to ESPN.com -- topping the $33 million the Chicago Bulls paid Michael Jordan in his final season with the team.

The new deal's first year, this coming season, will pay James $31 million to make him the NBA's highest-paid active player for the first time ever. The third season is reportedly a player option.

Now let's break the full contract down into terms everyone can relate to.

Divide $100 million by 1,095, (the number of days contained in three years) and you get $91,324. That's how much James will make every single day under his new contract.

Divide that by 24 and you get $3,805 -- that's how much James will make every single hour of every single day.

Divide that by 60 and you get $63.42 -- that's how much James will make every single minute of every single day.

Divide that by 60 and you get $1.06 -- that's how much James will make every single second of every single day for the duration of his new contract.

So, yeah: LeBron James will earn more than a dollar every single second for every single minute of every single day during his new contract.

And yet, he's still underpaid.

Time to start practicing that jump shot, people.