INDEPENDENCE, Ohio -- Cedi Osman's four-year contract extension became official Saturday and not surprisingly, the Cavaliers small forward is even happier to be here.

"I really feel like I’m home,” Osman said. “I just really wanted to stay where I belong. I love being here, I love the organization. I’m just happy here -- with the coaches, with the organization, with my teammates. We have a great brotherhood in here."

Osman, 24, is in his third season and second as the starting small forward. He averaged 13.5 points, 4.7 rebounds and 2.6 assists in his first real action last season, starting 75 games.

"It’s a great opportunity to grow and to learn during the extra four years I’m going to have here," he said. "I’m just really happy that I’m going to be here for the long term."

Osman struggled in the Cavs' 110-99 win over the Indiana Pacers on Saturday, finishing with just one point (and three fouls). The Cavs hope and seem to believe he will be more consistent in what's viewed as another year of growth for the entire team.

“He’s the type of young man that works hard every single day in practice, very low maintenance and he’s young and growing as a player,” Cavs coach John Beilein said. “That’s been the biggest thing. He takes a business-like approach.”

Osman's extension is reportedly worth $30.8 million. A source told SI.com the fourth year is non-guaranteed.