Cavs having ongoing talks with LeBron

Updated: July 29, 2009, 10:49 AM ET
Associated Press

WESTFIELD, Ohio -- Intentionally vague during an important negotiation, Cleveland Cavaliers general manager Danny Ferry said Monday that the club has had ongoing talks with LeBron James' agent about a contract extension for the NBA's reigning MVP.

The Cavaliers are believed to have offered James an extension of up to three years on July 18, the first day they were allowed. James has an option for the 2010-11 season, and has until June 30, 2010, to extend the deal or pick up his option.

James ...

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