Kevin Love's memorable run with the Cleveland Cavaliers appears to be officially over.
The sides have finalized a contract buyout that was first reported to be in the works earlier this week, ESPN's Adrian Wojnarowski reported on Saturday.
The move ends Love's tenure in Cleveland after eight-plus seasons, during which he helped the franchise capture its first NBA title, in 2016. The 34-year-old big man also earned two of his five career All-Star nods with the Cavs.
According to Woj, Love may not languish in free agency for long.
The Miami Heat were considered a "frontrunner" to land the former Timberwolves star, while the Philadelphia 76ers were also in the mix, the NBA insider reported.
Love was the last vestige of the "big three" -- formed along with LeBron James and Kyrie Irving -- which led the team in its thrilling win over the Golden State Warriors in the 2016 NBA Finals.
His playing time has diminished in recent years owing to injuries and load management, but he has remained largely productive in limited minutes. He had fallen out of the rotation in recent weeks, heralding that a parting of ways could be in the offing. He last saw game action on Jan. 24.
The buyout comes as part of an apparent reshuffling of the bench for the stretch run. Earlier this week, the Cavs signed veteran Danny Green for depth on the wing.
The Cavs acquired Love, drafted fifth overall back in 2008, from the Wolves in a blockbuster three-way trade that sent Andrew Wiggins to Minnesota ahead of the 2014 season.