Report: LeBron James will return to Cavs to defend title in 2016-17

LeBron James Leads Cleveland Cavaliers to NBA Title
LeBron James Leads Cleveland Cavaliers to NBA Title

You can breathe, Cavs fans.

LeBron James will not entertain other teams' potential offers and is choosing to stay with the Cleveland Cavaliers, according to Cleveland.com.

"I love it here. I love being here. I love my teammates," James told the site, moments before taking part in the team's championship parade through downtown Cleveland. "Obviously my agent will take care of all the logistical things but, I'm happy. I've got no plans to go nowhere at this point."

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James, 31, can become a free agent if he decides not to exercise the one-year, $24 million player's option in his contract. He will all but certainly decline the option on June 29 so he can get a raise from the Cavs -- he can make upwards of $30 million next season under a new contract, according to the site's report.

Free agents can begin negotiating with teams July 1 and can sign July 7.

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