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"We couldn't be happier to have Kyrie firmly at the core of our Cavaliers team and family for years to come," general manager David Griffin said. "He's already proven he's among the best in the NBA and we're excited to watch his continued growth and success. To know that he is all in and shares our high expectations and championship goals is something we're extremely proud of.

"It is a clear reflection of how we all view our future together, with Kyrie fully vested in this franchise and the city of Cleveland."