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Cavs Not Looking To Buy Out Walton, Casspi

The Cavaliers aren't expected to buy out Luke Walton or Omri Casspi, according to Mary Schmitt Boyer and Jodie Valade of The Plain Dealer (Twitter links).  The Cavs also have yet to reach agreement on a deal with Alonzo Gee, though the two sides are reportedly closing in on a three-year deal worth about $10MM.

A report earlier today indicated that the Cavs were considering a buyout for Casspi.  The Israeli forward is set to earn $2.277MM next season and can be retained with a $3.313MM qualifying offer in 2013/14.

Walton, 32, played in just 21 games for the Cavs last season and has been used out of position at power forward rather than his natural three spot.  The former Laker is under contract for one more season where he'll make a sizable $6.091MM.  As it stands, Walton is set to be the third-highest paid Cavalier next season behind Baron Davis and Anderson Varejao.

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