The Cavaliers have engaged in talks about a possible buyout with Omri Casspi, reports ESPN.com's Marc Stein (Twitter link). According to Stein, a deal that would see Casspi part ways with the Cavs is possible before tomorrow's buyout deadline.
We passed along a report from Israeli website Walla Sport earlier this week that suggested Casspi was seeking a buyout from the Cavs, and Bob Finnan of the News-Herald has indicated that the forward is no longer in the team's plans. As is the case with Raja Bell and other buyout candidates, however, Casspi is unlikely to agree to give up any money owed to him by the Cavs unless he knows he has another job lined up. According to Stein (via Twitter), the Rockets are a legit suitor for Casspi, though Houston just filled its 15th roster spot by signing Tim Ohlbrecht, so the club would have to release someone on a guaranteed contract to make room.
Since entering the NBA with the Kings in 2009/10, Casspi has seen his minutes, PPG, and PER decrease in each of his four seasons. The 24-year-old, who is earning $2.28MM this season, is set to hit free agency this summer. If the Cavs hang on to him, they'll have the option to make him a one-year qualifying offer, ensuring that he's a restricted free agent, but the club is more likely to simply let him walk.
Players hoping to change teams before season's end and be eligible for the playoffs have until tomorrow night to negotiate buyouts with their current teams. Any players waived after March 1st won't be postseason-eligible if they sign with another club.