Despite being 33 years old and in his 15th National Basketball Association season, James played in all 82 regular-season games for the first time in his career, averaging 27.5 points, 8.6 rebounds, 9.1 assists and 1.4 steals over 36.9 minutes per contest.
Though Love's name is brought up in trade rumors almost every season, ESPN reported earlier this month that the Cavs would like to keep the former UCLA stand-out on the team, even if James decides to leave.
Eight years after he famously criticized James for leaving as a free agent in a letter, Gilbert thanked the superstar for coming back to Cleveland and ending the city's half-century championship drought.
James will join the Los Angeles Lakers on a four-year, $154 million deal, his representatives, Klutch Sports Group, tweeted Sunday night.
James will factor family - he has three children, and his oldest son is a rising hoops star - into the choice of where he plays next.
Cleveland has a couple of other veterans from last year's team set to be free agents - Jeff Green and Jose Calderon - but neither is considered a "first-pass" guy and should be still on the market after the Cavs have figured out James' plans.
Germany sip from the 21st century World Cup chalice
South Korea , however, finished its campaign in Russian Federation on a high, scoring two goals in injury time. For South Korea to advance, it would have needed Mexico to beat Sweden.
Philadelphia would instantly vault from conference contender to favorite with James, who could make a strong run at his ninth straight Finals in Year One.
Free agency officially begins Sunday.
James, who won the National Basketball Association (NBA) crown with the Cavs in 2016, said after this year's Finals loss to the Golden State Warriors that he would consult his family before deciding on his future.
They'd also need scoring off the bench, and there are several free agents who would jump at an opportunity to have this kind of prominent role on a team like the Lakers. In fact, losing James in free agency would drop the team below the league's luxury tax line for the first time in quite a while.
Even if James is involved in the meetings, he has no interest in hearing elaborate pitches from teams, ESPN reported this week. James is not one of those people.
James already has some shallow roots on the West Coast with two homes in the Los Angeles area and a film production company. Should he, too, land in Los Angeles, the Lakers may have the pieces to truly challenge Golden State.
If the Lakers can offer up enough assets to snare Leonard, the chances of James heading to La La land would seem a viable option due to Leonard being one of the premier two-way players in the game and the Lakers still having enough cap space to offer James a max deal. The Sixers also have centre Joel Embiid, 24, projected to become the game's next dominant big men.