JULY 9TH, 1:04pm: The deal is official, the team announced.
“Iman is a versatile, two-way player who embodies much of the grit, determination and defense-first mentality our group became identified by,” GM David Griffin said. “He is evolving as a playmaker on both ends and his impact on our group was enormous throughout our Finals run.”
JULY 1ST, 6:34pm: The Cavaliers and restricted free agent Iman Shumpert have agreed to a new contract, Alex Kennedy of Basketball Insiders reports (Twitter link). The deal will be for four years and $40MM, and the final season will include a player option, Kennedy relays. The Lakers, Raptors, Bucks, and Mavericks were all interested in the defensive specialist’s services.
Shumpert was acquired at midseason by the Cavaliers along with J.R. Smith, who opted out of his contract to become an unrestricted free agent this offseason. It’s unclear if Shumpert’s deal will mean that Smith is destined to play elsewhere in 2015/16, though LeBron James reportedly wants the Cavs to re-sign the guard, so one has to wonder if that could outweigh the team’s reservations about Smith.
The 25-year-old played well for the Cavaliers last season, appearing in 38 games, though only one as a starter. Shumpert notched averages of 7.2 points, 3.8 rebounds, and 1.5 assists, along with a slash line of .410/.338/.667.