Report: LeBron James' deal with Cavaliers for 2 years, $42.1 million
Although he has the option to once again explore free agency next summer, James has made it clear he wants to be in Cleveland long term.
He said in the essay he penned for SI.com that he always planned on returning to the Cavaliers.
James joins All-Star point guard Kyrie Irving -- who signed a five year deal worth $90 million this offseason -- and No. 1 overall pick Andrew Wiggins in Cleveland on a revamped roster under new head coach David Blatt.