“There have been no talks with Cleveland on a buyout, nor is there any interest from Kevin in doing a buyout,” Love’s agent Jeff Schwartz told Wojnarowski.
Wojnarowski writes that Love remains open to a trade, and that the Cavs have explored the market for him periodically, but have yet to find a deal to their liking.
Chris Fedor of Cleveland.com tweets that any buyout discussions will have to be initiated by Love, who would have to give up a significant portion of his remaining salary, which is currently $60.2MM over the next two seasons.
Love has only played in 103 games over the last three seasons, though he’s still been productive on the offensive end in that time, averaging 16.2 PPG, 9.4 RPG and 2.8 APG while shooting nearly 37% from three. The Cavaliers, meanwhile, will be paying Jarrett Allen and Lauri Markkanen (deal still pending) a combined $35MM+ this season, while also trying to develop number three overall pick Evan Mobley, which will likely leave Love on the outside of the rotation.
Love is thought to have interest from teams, including contenders, should he reach free agency, but it’s unlikely the Cavs will be able to trade him outright without sacrificing assets to do so.