LeBron goes back to Cleveland

James was the first overall selection by the Cavaliers in the 2003 NBA Draft. Jason Miller-USA TODAY Sports

LeBron James announced via SI.com Friday that he will leave the Miami Heat to sign with the Cleveland Cavaliers. James made the announcement through an essay with Lee Jenkins that was published on SI.com Friday morning.

ESPN is reporting the deal to be worth up to $88 million over four years.

James famously left the Cavaliers in 2010 to “take his talents to South Beach,” forming a “Big Three” with guard Dwyane Wade and forward Chris Bosh. In his four years in Miami, James made it to four consecutive NBA Finals and won the NBA championship in 2012 and 2013.

“My relationship with Northeast Ohio is bigger than basketball,” James told SI.com. “I didn’t realize that four years ago. I do now.”

James has won four NBA most valuable player awards during his career, two with the Cavaliers and two with the Heat. The move creates a giant void for the Heat, who are also expected to lose Bosh in free agency to the Houston Rockets, who have offered him a max contract.