Cavs Pick Up ’14/15 Options On Four Players

The Cavaliers have exercised their options for 2014/15 on a pair of third-year players and a pair of second-year players, ensuring that all four Cavs remain under contract for at least the next two seasons. The team announced today in a press release that it has picked up its ’14/15 options on Kyrie Irving, Tristan Thompson, Dion Waiters, and Tyler Zeller.

Irving and Thompson, members of the 2011 draft class, will be eligible for extensions next offseason, and Irving at least seems like a good bet to sign one. Even if they don’t sign extensions though, Irving and Thompson can remain with the Cavs through 2015 before becoming restricted free agents. Irving, the former first overall pick, will earn about $7.07MM in 2014/15, while Thompson will make about $5.14MM.

Meanwhile, Waiters and Zeller are each now locked up for a third NBA season, with Waiters set to earn $4.06MM in ’14/15 and Zeller in line for about $1.7MM. The Cavs hold additional options for 2015/16 on both players.

You can follow all of this month’s rookie contract option decisions right here.

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