Cavs Rumors: Pierce, Marion, Iske, Porter

The Cavaliers came away from the lottery with the top pick for the second time in three years, and with plenty of cap space and a young All-Star in Kyrie Irving, Cleveland's basketball fortunes are on the upswing. Speculation continues that all of that could spell the return of LeBron James to the shores of Lake Erie in 2014, with Benjamin Hochman of the Denver Post the latest to connect the dots. Still, next summer is a long way off, and both LeBron and the Cavs have plenty to consider before any reversal of "The Decision" can come into play. Here's the latest on what the Cavs are working on:

  • Bob Finnan of The News-Herald hears it's likely that the Celtics waive Paul Pierce by June 30th to reduce his cap hit for next season from $15.333MM to $5MM. Finnan believes Pierce will wind up with a contender, but he expects Cavs GM Chris Grant to make a strong push for the 15-year veteran. 
  • According to Finnan, the Cavs will probably decline a rumored trade proposal in which Cleveland would send the 19th, 31st and 33rd overall picks in this year's draft to the Mavericks for Shawn Marion and the No. 13 pick. Finnan refers to the Dallas pick as No. 12, but the Mavs have the 13th pick.
  • The Cavs have interviewed Nuggets assistant coach Chad Iske for a position on Mike Brown's staff, Finnan reports.
  • If the Cavs trade the top pick, they'll target Otto Porter and another asset, HoopsWorld's Steve Kyler figures (Twitter link).
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