However, there are suggestions that James could take out the award, no matter if the Cavs win or lose the series.
James, 33, has carried the Cavs all season to the finals and is averaging just shy of a triple-double per game this series.
From three games he's averaging 37.7 points, nine rebounds, 10.7 assists, 1.7 steals and 46 minutes per game.
Durant is the closest player to James in this series, averaging 31.7 points, 10.3 rebounds, 6.7 assists, 0.7 steals and 42 minutes per game.
Durant was the 2016-17 NBA Finals series MVP after defeating James and the Cavs with the Warriors four victories to one.
He recorded a total of 176 points, 41 rebounds, 27 assists, five steals and 199 total minutes from the five games.
This year, James has 113 points, 27 rebounds, 32 assists, five steals and 138 minutes.
Should the Cavs win today and force a fifth game, he could finish with a potential 187 points, 45 rebounds, 53 assists, eight steals and 230 minutes.
From the outset, the Warriors were tipped as shoo-ins to claim the championship and with only one more victory in their way, it looks very likely.
Arguably, James is deserving of the regular season MVP and Finals MVP awards but given previous years this looks unlikely.
Should he be honoured with the award, he would become the first person to win the Finals MVP award on a losing team since Jerry West in 1969.
Tune into the Herald's live blog for the tip-off of Game Four between the Cavaliers and Warriors at 1pm today
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