Report: Cavs, Lue agree to massive five-year extension

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Editor's Note: The above video is from June 11, 2016.

Life is moving fast for Tyronn Lue.

A month after leading the Cavaliers to their first-ever NBA championship, the head coach has reportedly agreed to a five-year, $35 million contract extension with Cleveland.

News of the deal was first reported by The Vertical's Adrian Wojnarowski.

Despite a 30-11 record, the Cavs fired David Blatt in January and promoted Lue from Associate Head Coach. Under Lue, the Cavs finished the regular season with a 27-14 record.

Cleveland, the No. 1 seed in the East, rolled through the first three rounds of the Eastern Conference playoffs. In the NBA Finals against the Warriors, the Cavs became the first team to erase a 3-1 deficit in the championship series.

According to The Vertical, the deal is expected to be announced with 24 hours.

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