Love issued a statement through The Players Tribune on Wednesday announcing that he would be returning to Cleveland next season. A person with knowledge of the agreement tells The Associated Press that Love will get a five-year max contract worth more than $110 million. The person spoke on condition of anonymity because details have not been released. No NBA contract can be signed until July 9.
Love came to Cleveland from Minnesota last summer in a trade that sent Andrew Wiggins to the Timberwolves. He injured his shoulder in the first round of the playoffs and missed the rest of the Cavaliers' run to the NBA Finals.