LeBron James

In this June 7, 2015, file photo, Cleveland Cavaliers forward LeBron James smiles during a news conference after Game 2 of basketball’s NBA Finals in Oakland, Calif. Two people familiar with the negotiations say LeBron James has agreed to a one-year, $23 million contract with the Cavaliers for next season. The deal includes a player option for 2016-17. The people spoke to The Associated Press on condition of anonymity Thursday because the contract has not been signed. James has informed the team he will return. (AP Photo/Ben Margot, File)

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