Cavaliers Sign Georges Niang To Three-Year Contract

JULY 6: Niang is officially a Cavalier, having formally signed his new contract with the team, per a press release.

JUNE 30: The Cavaliers and forward Georges Niang have agreed to a three-year contract worth $26MM, agents Mark Bartelstein and Andy Shiffman tell Adrian Wojnarowski of ESPN (Twitter link). The deal will be fully guaranteed, tweets Jake Fischer of Yahoo Sports.

Niang is one of the NBA’s best shooters, having made at least 40% of his three-point attempts in each of the last five seasons. While he’s not a great defender or rebounder, the 30-year-old will help space the floor for the Cavaliers, who had been in the market for frontcourt shooting.

Unless the Cavs work out a sign-and-trade agreement with Philadelphia, Niang’s former team, this signing will come out of Cleveland’s non-taxpayer mid-level exception and will hard-cap them at $172.3MM for the 2023/24 season.

As Bobby Marks of ESPN tweets, the Cavs – who also reached a contract agreement with Caris LeVert, are still projected to be about $13.5MM below the tax and $20.5MM below the first apron, so they have some flexibility to continue making moves. They’re still looking into the possibility of acquiring free agent swingman Max Strus via sign-and-trade, tweets Jake Fischer of Yahoo Sports.

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