LeBron James re-signed with the Cleveland Cavaliers for two more years on Friday, in a deal worth £30m ($47m).
The four-time MVP commits to the team after just missing out on the NBA championship in May.
General manager David Griffin says that James's re-signing is a big boost towards the Cavaliers' mission of winning their first championship in the NBA.
"LeBron's re-signing today is a reflection and continuation of his strong, personal commitment to help deliver championships to Northeast Ohio and Cavs fans everywhere," general manager David Griffin said, according to NBA.com.
"His impact upon this team, his community and the game are impossible to overstate and we look forward to continuing on our mission together."
James averaged 35.8 points, 13.3 rebounds and 8.8 assists in what was the best statistical performance by one player in Finals history, when they were beaten in six games by the Golden State Warriors.