You can breathe, Cavs fans.
"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."
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.
RELIVING LEBRON'S EMOTIONAL WIN IN GAME 7: