Cleveland Cavaliers signed Kevin Love to four-year, $120M contract extension

Cleveland Cavaliers signed Kevin Love to four-year, $120M contract extension

Veteran forward Kevin Love reportedly signed a reported four-year, $120 million contract extension with the Cleveland Cavaliers on Tuesday. The team is starting fresh following LeBron James' departure.

Love, 29-year-old, 6-10, 251lb who was traded to Cleveland from Minnesota in 2014 is committed to the Cavs through 2023. Love averaged 17.6 points and 9.3 rebounds last season when he made his fifth All-Star team.

According to the Cleveland Cavaliers, a ceremony is scheduled at the Quicken Loans Arena to allow employees and arena workers to be present as Love signed his contract.

Love will make $24.1 million next season before the extension begins, making the whole package worth $145 million over five years. Love waived his option for 2019-20 and there are no other options or trade clauses within the new deal. He will be paid $28.9 million in 2019-20, $31.3 million in 2020-21 and 2021-22, and $28.8 million in 2022-23 respectively.

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