Restricted free agent wing Rodney Hood has accepted the Cavaliers‘ one-year qualifying offer, reports Joe Vardon of Cleveland.com. The one-year deal, worth $3,472,887, will set up Hood to become an unrestricted free agent during the summer of 2019.
Hood, who was traded from the Jazz to the Cavs midway through the 2017/18 season, struggled to produce consistently with his new club, averaging just 10.8 PPG on .442/.352/.813 shooting in 21 regular season games with Cleveland before falling out of the rotation for part of the postseason. He had recorded 16.8 PPG with a .424/.389/.876 shooting line in 39 contests for Utah.
Having spent more than two months as a restricted free agent, Hood was in a tough spot, given the lack of teams left with roster spots and the willingness to spend big on an offer sheet. According to Vardon, Hood was seeking a long-term contract in the range of $9MM per year.
The Cavs had been willing to offer a multiyear deal worth approximately $7MM annually, per Vardon, which the 25-year-old turned down in a bet on himself. If he has a big year in 2018/19 as a primary option in Cleveland’s offense, Hood could be in line for a bigger payday in 2019, when more teams will have cap space available. The Cavs will still hold his Bird rights at that time.
With Hood back in the fold and David Nwaba having signed a one-year, minimum-salary pact with the Cavaliers, the club is moving closer to being ready for opening night. The Cavs will now have 14 players with fully guaranteed salaries, totaling about $115.7MM. Isaiah Taylor will also attend training camp on a non-guaranteed contract, and the club figures to fill out its 20-man offseason roster with a few more camp invitees in the coming weeks.
A players who accepts his qualifying offer as a restricted free agent receives an implicit no-trade clause for that league year, since they’d lose their Bird rights if they’re traded. As such, Hood won’t be able to be dealt without his consent during the 2018/19 season.
Photo courtesy of USA Today Sports Images.
Celtics should’ve offered their taxpayer MLE just to give themselves a movable deal at the deadline if nothing else. They presumably have an open spot following the Jabari Bird incident.
Cavs would’ve matched it
I am not a betting man but… I am not sure he did the right thing, he wanted 9 they offered him 7, is not like such a huge difference, & if he has a bad year, next year he might be playing for the vets min salary. I would have taken the money & run.
I’m with you on his one. He has a long way to go after walking out on the Cavs like he did.
Why low ball the man??? He put up good numbers on a good Utah team in the west. Only reason his numbers suffered was because he was playing with Lebron James, as do most players. Hes gonna put up numbers next year. Thats a guarantee. Hopefully he doesnt stub his toe and miss like 20 games! His damn jab step… Cleveland will regret it and he will be able to cash in next summer.
New Orleans.
I like that he’s essentially in a contract year now, and that he’s in the mix at all. I would start him at the 2, if only so he doesn’t drift off mentally. Fun to watch and potentially a disruptive defender.
Is Robbin Rodney Hood stealing money again from Sheriff of Nottingham (Altman) & Evil Prince John (Gilbert) Well Good gravy on toasted bread. ”I’m Good Hood” getting any cash money from Cavs is stealing after telling coach he didn’t want to go in..Any real coach would have said ” Rodney boy, What NBA team are you playing for next season?” Then go Bill Parcells on the guy and speak of him only as a number and ignore the guy with silence. He would shape up or ship out, his choice. Adios Numero Uno.