The record is still held by Golden State Warriors' Klay Thompson, who scored 37 points in the third quarter against the Sacramento Kings on January 23 last season.
Love, who set a team record for points in a period, made 11 of 14 field goal attempts, including 8 of 10 on 3-pointers.
Cleveland, which made its first nine 3-pointers, led 46-31 after one quarter and scored 81 points in the first half, two short of the franchise record.
After watching the Cavs lose to the Warriors in six
When it comes to the Cleveland Cavaliers, their big three, an absolute necessity for competing on a consistent basis in the National Basketball Association, consists of Kyrie Irving, Kevin Love and some unknown named LeBron James.
LeBron James contributed 31 points, 13 assists and 10 rebounds for his 44th career triple double as Cleveland improved to 11-2.
Damian Lillard continued his scintillating early-season form by pouring in 40 points with 11 assists and seven rebounds.
According to the Elias Sports Bureau, it's the first time since April 10, 1977, where two players scored at least 40 points and another had a 30-point triple-double.
The Hawks (10-5) bounced back from an 18-point Tuesday night home loss to New Orleans to dominate struggling IN, including 56-37 IN rebounding. Meanwhile Dallas heads into the matchup with the longest active losing streak in the league at seven losses. He poured in 8 3 pointers and dominated everybody who is trying to guard him.
Davis was 17-of-27 shooting in his third games this season with 40-plus points. It's the most points the Cavs have scored in any game in regulation since they scored 141 against Charlotte in 1992.
CLEVELAND- It was a night of franchise records and personal bests as the Cleveland Cavaliers beat the Portland Trail Blazers Wednesday night 137-125.
The Mavericks signed Barnes to a four-year, $94.4 million contract this offseason banking on the idea that he could develop into a go-to scoring option and a building block in Dallas.
Dirk Nowitzki, who appeared in only his fifth game of the season because of an injured right Achilles, scored 15 points for Dallas.
DeMarcus Cousins had 36 points and 13 rebounds, leading Sacramento over slumping Oklahoma City. However, the Cavaliers did have 25+ in three of their last four games leading into this one.
SUNS 92, MAGIC 87: Alex Len had 17 points and 12 rebounds, and Eric Bledsoe added 16 points as Phoenix won at Orlando, Florida. "He's just, he's playing great, he's being aggressive when he catches the ball in the post, getting to the free throw line, a big post threat for us".
Russell missed two of the Lakers' last three games with soreness in his knee but thought it wasn't a serious injury.