Sources: LeBron informs Cavs he will return

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LeBron James has informed the Cleveland Cavaliers he will re-sign with the reigning NBA champions this summer but still has no timetable for negotiating or signing a deal, sources told ESPN.

James is one of several members of the Cavs from last season’s championship team who remain unsigned, including J.R. Smith and head coach Tyronn Lue.

James is currently traveling and spending time with family. He will meet with agent Rich Paul and go over his contract options at some point but there is no rush, sources said.

LeBron James is currently vacationing with his family and has not established a timeline for when he will negotiate a new contract with the Cavs, sources told ESPN. Jason Miller/Getty Images

Under league rules, James has several contract choices. He can sign for up to $27.5 million next season on a one-year …

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