Frye, 35, has agreed to a one-year, $2.4 million deal to return to the Cavaliers, according to multiple reports on Saturday.
The Frye signing was earlier reported by Yahoo!
Frye could easily have been brought back primarily as a veteran presence in the locker room, which would mean the Cavs don't need to make room for him.
Richard Jefferson #24, Kevin Love #0, Channing Frye #9 and Tristan Thompson #13 of the Cleveland Cavaliers look on during the Cleveland Cavaliers 2016 NBA Championship victory parade and rally on June 22, 2016 in Cleveland, Ohio.
Channing Frye reportedly is heading back to the Cleveland Cavaliers, where he earned a championship ring in 2016.
The 13-year National Basketball Association vet later expressed his love for Cleveland on social media, however, and his love for the area never wavered. 3-point shooting was about the only thing the other Cavs did right outside of have LeBron James, but it appears that the Lakers are intent on going against that philosophy. Frye missed the 2012-13 campaign because of an enlarged heart.
Now, after leaving the team, the Cleveland legend is returning "home". The 6-11, 250-pounder played in two Summer League games with Cleveland and averaged 20.5 points and 12.5 rebounds.