After recently signing C.J. Miles, the Cavaliers still appears intent on bringing back Alonzo Gee as well, despite the lack of movement on a deal for the restricted free agent. According to Sam Amico of FOX Sports Ohio (via Twitter), the Cavaliers "supposedly have [a] three-year offer on the table" to Gee.
As a restricted free agent, Gee is eligible to sign an offer sheet with another club, which the Cavs would then have three days to match. However, the swingman doesn't have seem to have drawn any serious interest from rival teams so far this summer, perhaps because it appears Cleveland will match any reasonable offer. There is a standing qualifying offer worth about $2.7MM on the table for Gee — if he were to accept that one-year deal, he could become an unrestricted free agent next summer.
If Gee has received a three-year offer from the Cavs and hasn't accepted it, I can't imagine the salary is overly lucrative. Still, I expect the two sides to come to some sort of compromise within the next few weeks that will keep the 25-year-old in Cleveland through at least the coming season.