The Cavaliers, who agreed to new deals with Dean Wade and Jordan Bell today, are using a portion of their mid-level exception to sign Wade to a four-year contract, as Chris Fedor of Cleveland.com details. Wade gets a first-year salary of $375K, well above the prorated minimum, in exchange for two non-guaranteed seasons and a team option in 2022/23 (Twitter link).
As for Bell, it appears he’ll be signed using the Cavs’ mid-level exception as well, allowing the team to give him $250K for remainder of the season. However, his contract is a short-term arrangement — it’s a two-year deal with a non-guaranteed minimum salary for 2020/21, Fedor notes.
Here’s more out of Cleveland:
- The Cavaliers explored the possibility of signing Allonzo Trier when he cleared waivers on Sunday, but the former Knicks guard was seeking more money and a different contract structure than what the club wanted to offer, according to Fedor. Additionally, Fedor adds that some members of the basketball operations department questioned Trier’s fit alongside guards like Darius Garland, Collin Sexton, and Kevin Porter.
- While Andre Drummond has long been considered a lock to opt into the final year of his contract, it remains to be seen whether he and the Cavaliers might work out a longer-term deal. Sources tell Fedor that both sides have shown some interest in a contract extension. However, both the Cavs and Drummond may want to take some time to consider their options — especially if Cleveland ends up using its lottery pick on a big man.
- Cavs head coach J.B. Bickerstaff intends to make at least one addition to his coaching staff, though it might not happen until later in the year, says Fedor.