The Cleveland Cavaliers want J.R. Smith back and the veteran wants to be back in Cleveland. However, it's going to come at a steep price tag.

According to Steve Kyler of Basketball Insiders, Smith is looking for $15 million per year on his next deal:

Yikes... hearing JR Smith seeking huge deal to return to Cavs, in the $15m per year range. Can Cavs really pass on bringing him back? — Steve Kyler (@stevekylerNBA) July 17, 2016

The price tag seems pretty steep considering Smith's $5 million salary last year and the team's own salary cap situation, but when you compare it to the rest of the market, it really isn't that bad of a contract. For example, Allen Crabbe will be earning nearly $19 million over the next four years after averaging 10.3 points as a reserve shooting guard for the Portland Trail Blazers last season.

The team will have to make a decision on whether or not Smith is worth that price tag. He is obviously the team's most potent three-point shooter and converted on over 40 percent of his three-point attempts last season.

Outside of Smith, the Cavaliers also have to factor in the pending cap figure that LeBron James will cost, as the three-time Finals MVP still remains unsigned.