The Cleveland Cavaliers have reportedly picked up the contract option on head coach Byron Scott for the 2013-14 season.

According to the report from the Cleveland Plain Dealer, the option is worth about $4 million.

Scott is entering his third season with the Cavaliers and has guided the club to a record of 40-108 in the first two post-LeBron James years.

James left Cleveland as a free agent in the summer of 2010, shortly after Scott took over for Mike Brown. The depleted Cavs went just 19-63 in Scott's first season, enduring an NBA-record 26-game losing streak, then improved to 21-45 during the lockout-shortened 2011-12 campaign.

Scott played 14 seasons in the NBA and won three league titles with the Los Angeles Lakers. He has also been the head coach for the Nets and Hornets, owning a career mark of 392-463. The Nets reached the NBA Finals under his guidance in the spring of 2002 and 2003.