The Cavaliers plan to extend Love a five-year maximum contract worth at least $110 million, according to Windhorst.
Over 75 games last season, Love averaged 16.4 points and 9.7 rebounds while shooting 43.4 percent from the field and 36.7 percent from three-point range as Cleveland posted a 53–29 record and earned the No. 2 seed in the Eastern Conference.
Love suffered a dislocated shoulder during the Cavaliers' first-round playoff series against the Boston Celtics and missed the remainder of the playoffs. He also dealt with a back injury during the regular season.