Report: Iman Shumpert returning to Cleveland Cavaliers

Iman Shumpert has reportedly opted to re-sign with the Cleveland Cavaliers after initially threatening to leave this summer.

The former New York Knicks player has agreed to a four-year deal with a player option on the fourth season, according to ESPN.

Shumpert joined Cleveland midway through last season after they traded for him and JR Smith with the Knicks, and they went on to help the franchise reach the 2015 NBA Finals.

His new deal is the third this week for the Cavs, with Kevin Love and Tristan Thompson also agreeing to re-sign with the organisation.