LeBron James has told the Cleveland Plain Dealer that he is pleased with the success of the Cavaliers and is considering signing a contract extension this summer.

"You play out this season of course; I will consider it," James said Saturday. "The direction we are headed is everything I expected and more."

Many teams have reportedly begun clearing cap space for the summer of 2010, in hopes that James would be available on the free agent market.

"I definitely want to keep an open mind, I will look at everything," James told the Plain Dealer. "[The extension] is a good point. I think me and my group have pretty much made good decisions so far and we'll look at the options and go from there."