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All-Star big man Kevin Love has agreed to a contract extension with the Cleveland Cavaliers that is worth four years and $120 million, according to a report from ESPN.
The deal secures Love in Cleveland for another five years, and the Cavs scheduled a news conference for Tuesday afternoon to announce the signing.
“We are very excited to announce Kevin’s long-term commitment to the Cavaliers and Cleveland,” Cavs general manager Koby Altman said in a prepared statement. “This quickly became a partnership the second we began these discussions. Collaboration and winning matter greatly to Kevin and that was reflected in this extension.
“Kevin’s talent and character are both at a very high level and he has earned his role at the center of what we want to do moving forward. As a five-time All-Star and NBA Champion, Kevin has a special understanding of exactly what success and winning require.”
Love has been the subject of trade rumors again this offseason — but the recent commitment from the Cavaliers means he highly likely won’t be going anywhere for a while.
As ESPN reported: “In the aftermath of LeBron James’ departure in free agency to the Los Angeles Lakers, the Cavaliers aggressively pushed to secure Love, 29, for the long-term.”
Love, 29, has spent nine seasons in the NBA, the previous four with the Cavaliers — who reached the Finals each time, winning their first championship in 2016.
He is the lone remaining star from the Big Three era of James, Love and Kyrie Irving.
Cavs coach Tyronn Lue has said the offense will now be predicated on rapid ball movement with Love as the focal point.
The Cavs intend to continue trying to play competitive basketball in the second post-James era.
“When I first came to Cleveland, I came with a long-term mindset,” Love said. “I came here to win. We developed a culture here that reflects that. I’m super excited and I couldn’t be happier.
“It’s a big commitment for me and it’s a big commitment from the Cavaliers, so I want to thank Dan Gilbert, Koby Altman and the entire organization. I enjoy playing here, I’m excited about the team that we have and look forward to our future together.”
Love averaged 17.6 points and 9.3 rebounds in 59 regular-season games last season. He then averaged 14.9 points and 10.2 boards in 21 playoff games.
Meanwhile, Cleveland is clearly hell bent on not bottoming out post-LeBron. Love helps ensure that. Pressure on the front office to hit on those mid first round picks.
— Chris Mannix (@ChrisMannixYS) July 24, 2018