NBA: Kyrie Irving agrees five-year $90m contract with the Cleveland Cavaliers

Point guard, 22, was drafted No 1 by the Cavs in 2011

Kyrie Irving has signed a five-year $90m deal (Getty Images)

The Cleveland Cavaliers have made Kyrie Irving the face of their franchise for the next five years after signing him to a five-year $90m deal.

Irving met with team officials in New York to hammer out a deal for the 22-year-old.

The Australian-born point guard met with senior officials, including new head coach David Blatt and associate head coach Tyronn Lue.

The Cavaliers, who recorded just 33 wins last season, last week drafted Andrew Wiggins with the No 1 pick of the 2014 draft - their third No 1 pick in the last four years - and making a move for LeBron James.

James, the NBA's best player, opted out of his contract with the Miami Heat and is currently a free agent. He played for the Cavaliers for seven seasons before joining the Heat in 2010 and winning two titles. James is an Ohio native and the Cavaliers will sound out a move, but the Heat remain favourites to re-sign the player.

Irving said he was "ecstatic" on his Twitter page.

Free agency started overnight.