He may not have won MVP honors in the 2015-16 NBA season, but LeBron James proved once again in the 2016 NBA Finals that he’s got a fourth quarter and then some, leading the Cleveland Cavaliers to their first-ever championship in dramatic fashion. And given that he won the Cavs a title in his second year back with them, James appears interested in re-signing with the team, though he currently has no specific date set in mind for contract negotiations.

Jamescould become NBA's top earner if he signs multi-year deal

Sources familiar with the matter told ESPN that James will eventually be talking contract with agent Rich Paul, as the two discuss their options. And while the 31-year-old superstar reportedly told the Cavaliers he will be re-signing, there is still “no rush” for signing a new deal.

James has twomain options for a new contract, should he re-sign.

He has the choice to sign a one-year deal for as much as $27.5 million, similar to what he did in the last two NBA off-seasons. He may also sign a multi-year contract at $30.8 million for the 2016-17 season that potentially could make him the NBA’s top-paid player. Last season, the Los Angeles Lakers' Kobe Bryant took that honor and earned$25 million in his farewell season in the NBA, while James was right behind him, having earned $22,970,500.

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Smith and Lue contract situations remain up in air

While Cleveland has a very good chance of getting its franchise player James re-signed for at least the next season, things are less sure for two other unsigned Cavs -- guard J.R. Smith and head coach Tyronn Lue.

Smith, who also has Paul as his agent, has reportedly been talking with the Cavs, but both sides “remain apart on terms,” according to ESPN’s sources.

Still, Cleveland general manager David Griffin believes that the team should have a good deal in store for the 30-year-old shooting guard, who’s been enjoying a career renaissance with the Cavs.

Meanwhile, Lue is still signed to a four-year, $6.5 million contract signed in 2014 when he joined Cleveland as an assistant coach. Without signing anything, he hadverbally agreed to a new three-yearagreementin January 2016 when he replaced David Blatt as head coach, but Lue and the Cavs have yet to finalize terms for a new written contract.

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