NEW YORK (REUTERS) - All-Stars Kevin Love and Jimmy Butler, two of the biggest names in the NBA free agent market that opened on Wednesday, cut the suspense and agreed to deals to remain with their respective teams.

Butler opted to stay with the Chicago Bulls, while Love announced on the Players Tribute that he was re-signing with the Cleveland Cavaliers to join LeBron James in pursuit of NBA titles.

Love will sign a five-year deal worth a reported US$110 million (S$149 million). Contracts for free agents can not be signed until July 9.

Said the power forward, who averaged 17.5 points and 10.4 rebounds last season as he adjusted to a new Big Three with James and guard Kyrie Irving: "We're all on the same page and we're all in.

"We have unfinished business and now it's time to get back to work."

Both Love and Irving were hurt in the playoffs with a shoulder injury sending Love, obtained last year from Minnesota in a major trade, to the sidelines.

The Cavs lost 2-4 to the Golden State Warriors in the NBA Finals.

Love, 26, added: "After Game One of the NBA Finals, that's when it really struck me. Sitting on the sidelines, I never wanted to play in a game more than that one.

"I had dreamed of playing in the NBA Finals and I just wanted to help my guys win. I couldn't have been prouder of them as they poured their blood, sweat and tears onto the court."

Shooting guard Butler agreed to a four-year deal with a player option for a fifth season that was reported to be worth more than US$90 million should he pick up the option.

Another star who has extended his stay is San Antonio Spurs forward Kawhi Leonard. The 2014 NBA Finals MVP agreed to a maximum US$90 million five-year deal.

The Spurs, who were eliminated in the First Round, also agreed to a four-year contract worth US$45 million with shooting guard Danny Green and are reportedly set for talks with Portland star LaMarcus Aldridge.