Cleveland Cavaliers Rumors | Hoops Rumors

Mutual Interest Between Cavs, Mo Williams

June 30th, 2015 at 2:50pm CST by Chuck Myron

JUNE 30TH, 2:50pm: Williams anticipates that he’ll meet with the Cavs, and Cleveland is “very interested” in signing him, a source tells Haynes (on Twitter).

JUNE 19TH, 2:56pm: Soon-to-be free agent Mo Williams has strong interest in playing with the Cavs again, and he’d also like to re-sign with the Hornets, reports Chris Haynes of the Northeast Ohio Media Group. The point guard and Cleveland are expected to talk if Williams, who’s seeking a multiyear deal, is willing to take the limited amount the Cavs have to spend, and LeBron James would welcome the return of his former teammate “with open arms,” Haynes also hears.

The Cavs are almost certain to have no more than the $3.376MM taxpayer’s mid-level to spend this summer. The full amount of that would represent a slight pay cut for the 12-year veteran who made more than $3.965MM on the one-year deal he signed this past summer with the Timberwolves. The contract originally called for him to make $3.5MM, but a trade kicker lifted that amount when Minnesota sent him to the Hornets in a February swap.

Cleveland is seeking a facilitating guard who can either back up or play alongside Kyrie Irving, as Brian Windhorst of ESPN.com reported this morning. Williams, 32, would presumably fit that mold, having played alongside Chris Paul with the Clippers a few years ago in spite of spending most of his career as a point guard and having averaged 5.0 assists per game for his career. He was the starting point guard for the Cavs for two and a half seasons beginning in 2008, sharing the floor with James during the first two years. The Mark Bartelstein client averaged 14.2 points, 6.2 assists and 29.1 minutes per game this past season, split between Minnesota and Charlotte.

The Hornets have non-Bird rights with Williams, so they could give him a 20% raise without dipping into another exception. Charlotte is also likely to have the $5.434MM non-taxpayer’s mid-level at its disposal.

LeBron James Opts Out

June 30th, 2015 at 1:17pm CST by Arthur Hill

TUESDAY, 1:17pm: James has officially opted out, reports Eric Pincus of Basketball Insiders (on Twitter).

SUNDAY, 2:53pm: LeBron James will opt out of his contract with the Cavaliers and become a free agent for the second straight summer, tweets Brian Windhorst of ESPN.com. Sources tell Chris Broussard of ESPN.com that James will not visit other teams and will re-sign with Cleveland later this summer (Twitter link). A report earlier this week said James will take his time and see what moves Cleveland makes before becoming “the last domino to fall.”

James, who turned down more than $21.5MM for next year, is expected to sign another one-year contract with a player option and then command a longer deal once the cap rises with the new TV contract in 2016, tweets Alex Kennedy of Basketball Insiders. Kennedy reassures Cavs fans that they shouldn’t worry, saying James’ plan from the start has been to maximize his earnings potential and power within the franchise (Twitter link). A source close to James said, “I expect him to sign back,” according to Joe Vardon of the Northeast Ohio Media Group. The deadline for James to agree to the option on his current contract was Monday, and the earliest he can sign a new deal is July 9th.

Cleveland GM David Griffin said recently that the team had been in contact with James about roster decisions since the NBA Finals ended, Windhorst writes. However, he cited sources who said James will remove himself from the free agency process while the Cavaliers make decisions on Kevin Love, Tristan Thompson, Iman Shumpert and others. James’ new deal will be worth around $22MM, but the exact amount won’t be determined until the July moratorium ends.

The potential value of a long-term contract should escalate dramatically in 2016, tweets Tommy Beer of Basketball Insiders. If James had accepted a full max deal when he left Miami for Cleveland last summer, it would have been four years at about $89MM. By waiting until next summer, those figures will be five years and $170MM (Twitter link), although the amount is just an estimate.

Mike Miller Opts In With Cavs

June 30th, 2015 at 11:04am CST by Dana Gauruder

TUESDAY, 11:04am: The move is official, the Cavs announced.

MONDAY, 11:18pm: Mike Miller has opted into his $2.8MM contract with the Cavaliers for next season, a league source told RealGM’s Shams Charania (Twitter link). Miller indicated as far back as February that he intended to exercise his player option despite diminished playing time.

The 15-year veteran Miller averaged 2.1 points and 13.5 minutes while playing 52 games last season. He appeared in nine postseason games during the Cavs’ run to the NBA Finals, averaging 1.0 points and 7.2 minutes. Miller averaged 7.1 points with the Grizzlies in 2013-14.

It’s doubtful Miller’s playing time will spike upward next season but he obviously is in no hurry to retire. For his career, Miller is an 11.3 points per game scorer, having played for six organizations.

Qualifying Offers: Monday

June 29th, 2015 at 7:58pm CST by Dana Gauruder

The Warriors formally made a qualifying offer of $2.725MM to Draymond Green, ensuring the versatile forward will be a restricted free agent, Eric Pincus of Basketball Insiders tweets. Golden State is expected to match any offer sheet to Green, one of the key players en route to its first championship in 40 seasons. The Pistons, Hawks and Rockets are among the teams expected to pursue Green. The Warriors also extended a qualifying offer of $1.147MM to Ognjen Kuzmic but declined the same amount on Justin Holiday, allowing the shooting guard to become an unrestricted free agent, according to a tweet from Rusty Simmons of the San Francisco Chronicle.

In other news regarding qualifying offers around the league:

The Cavaliers made qualifying offers to three of their rotation players, allowing Cleveland to match any offer sheet, Pincus reports in a separate tweet. Tristan Thompson ($6.778MM), Matthew Dellavedova ($1.147MM) and Iman Shumpert ($4.334MM) were the players who received them.
The Thunder made a qualifying offer of approximately $7.47MM to Enes Kanter, according to Pincus (Twitter link).
The Jazz gave a qualifying offer of $1.045MM to Joe Ingles and the Timberwolves did the same for about $1.147MM to make Robbie Hummel a restricted free agent, according to Pincus (Twitter links). However, Minnesota declined the same price tag on Justin Hamilton‘s qualifying offer, Darren Wolfson of KSTP.com tweets, allowing him to become an unrestricted free agent.
The Suns made the qualifying offer of $4.79MM to Brandon Knight while his former backcourt partner, the Bucks’ Khris Middleton, got a qualifying offer of $2.275MM, according to Pincus (Twitter links).
The Raptors extended a qualifying offer of $1.829MM to a player who was overseas last season, Nando De Colo, Pincus tweets. De Colo played for CSKA Moscow last season.

Eastern Rumors: Cavs, DeRozan, Celtics, Monroe

June 29th, 2015 at 11:53am CST by Chuck Myron

Some sources tell Alex Kennedy of Basketball Insiders that they think LeBron James will ask the Cavs to change coaches (Twitter link), though he has no intention of pushing the team to fire David Blatt, as ESPN’s Chris Broussard reported last week. Blatt has made it clear on multiple occasions that he expects he’ll be back. Still, we’ll see what happens this summer in Cleveland. Here’s more from the Eastern Conference:

Chatter continues to indicate that DeMar DeRozan will opt out and seek a maximum-salary deal next summer, and “there is no way” that the Raptors would be willing to pay him that much, reports Ryan Wolstat of the Toronto Sun. For this summer, the Raptors will probably have particular interest in Marc Gasol and Paul Millsap, Wolstat also writes.
Celtics don’t find their chances to land a star encouraging, as Adam Himmelsbach of The Boston Globe hears. Himmelsbach confirms earlier reports of interest in Greg Monroe and Millsap, though he hears from several team sources who say the team didn’t offer Marcus Smart in trade proposals to other teams on draft day.
Kevin Arnovitz of ESPN.com believes the new regime in Atlanta isn’t as enamored with Monroe’s game as the team’s last set of higher-ups was (Twitter link). The Hawks, who have a new principal owner in Tony Ressler and have formally cut ties with GM Danny Ferry, aren’t among the teams reportedly meeting with the soon-to-be free agent big man.
Jimmy Butler would like to sign a one-year offer sheet with the Lakers, a league source tells Mark Medina of the Los Angeles Daily News, but that would be impossible since offer sheets must be for at least two years and at least three if, as the Bulls have long planned, Chicago makes a five-year max offer. Adrian Wojnarowski of Yahoo! Sports reported a couple of weeks ago that Butler’s interest in the Lakers had increased, but the Bulls have the right to match any offer and are expected to do so, Medina notes.
Reggie Jackson turned down an offer worth more than $12MM a year in extension talks with the Thunder last year because he wanted out of Oklahoma City and onto a team where he could start, a source told Vince Ellis of the Detroit Free Press. Jackson will probably demand the max if the Pistons want him to sign for five years, the same source said to Ellis.
Mario Hezonja and Barcelona, his Spanish team, have reached a deal on a buyout that will allow him to part ways with the club and sign with the Magic, who drafted him fifth overall Thursday, reports Jose Ignacio Huguet of Mundo Deportivo (translation via Sporando’s Enea Trapani). The buyout is worth 1.6 million euros, the equivalent of about $1.79MM at today’s exchange rate. Orlando will presumably cover the maximum $625K of that amount.

Central Notes: Blatt, Cavaliers, Haywood, Pistons

June 28th, 2015 at 2:00pm CST by ChrisCrouse

Back home in Israel, David Blatt told The Jerusalem Post he fully intends to return as the Cavaliers‘ coach next season. “Of course I will continue in Cleveland, there is no question,” he told an interviewer. There have been rumors of a rift between Blatt and LeBron James, espcially after ESPN’s Marc Stein wrote that James disrespected his coach during the NBA Finals. Blatt insists his relationship with James is nothing out of the ordinary for a new coach and a star player. “I have a good relationship with him,” Blatt said. “We went through a process. It took us time to get to know each other. We learned how to work together the best way possible. When you work with a star of that magnitude the relationship is slightly different. It isn’t like with any other player. I learned from this process. We both want the same thing, but don’t always agree about everything.” Blatt, who was hired last offseason, has two years remaining on his $10MM contract, along with a team option for a third.

Here’s more from the Central Division:

In addition to re-signing their own guys, the Cavs‘ priority will be landing a veteran point guard, Sam Amico of Fox Sports Ohio tweets. Amico adds that the team is on the lookout for a wing player.
Cleveland hopes to execute a Brendan Haywood trade quickly after July 1st, Amico relays (Twitter link). Haywood has an unusually valuable contract that contains a non-guaranteed salary worth more than $10.5MM next season.
President of Basketball Operations Stan Van Gundy will be targeting two small forwards who are unrestricted free agents this offseason, according to Keith Langlois of Pistons.com (Twitter link). Langlois adds that if the Pistons can’t land either of those players, Van Gundy has two restricted free agent small forwards in mind that he would like to add.

Arthur Hill contributed to this post.

Cavs Shop Brendan Haywood

June 26th, 2015 at 3:11am CST by Chuck Myron

JUNE 25TH, 3:11am: GM David Griffin essentially confirmed the team is shopping Haywood, as Dave McMenamin of ESPN.com notes at the bottom of a story on J.R. Smith. Cleveland ended up trading its first-rounder in a separate deal.

JUNE 23RD, 9:40am: The market hasn’t yielded much for a package of Haywood and the No. 24 pick, sources tell Grantland’s Zach Lowe.

JUNE 19TH, 9:44am: The Cavaliers are looking for trade partners who’ll take on Brendan Haywood and his unusually valuable contract, and in some proposals involving him, they’ve offered their first-rounder, the 24th overall pick, reports Brian Windhorst of ESPN.com. Any such deal involving the draft choice would have to become official after the draft, since the Ted Stepien rule prevents the Cavs, who’ve already traded their 2016 first-rounder, from trading two consecutive future first-round picks, as Windhorst notes. Cleveland would be able to maximize its return for Haywood by waiting until after the July Moratorium to formalize a deal that sends him out.

It’s no surprise that the Cavs would be looking to trade Haywood, since his deal, a vestige of the amnesty clause, contains a non-guaranteed salary worth $10,522,500 next season. A trade that happens before the 2014/15 season officially ends on June 30th would involve salary matching based on his current $2.214MM salary, but if the Cavs wait until next month, they could take in as much as $15,522,500. To make that figure work, they’d have to be careful to execute the trade before making signings that would take the team above the luxury tax threshold, a line the Cavs are seemingly poised to cross. If they traded Haywood as a tax team, they could only take in $13,253,125, though that would still make the contract an eminently valuable trade chip, as the team that receives Haywood can waive him and reap that much more cap flexibility.

The Cavs have explored the market for adding a player as well as a draft pick in return for Haywood, according to Windhorst. That they would seek a draft pick suggests that Cleveland is considering a measure of austerity, since that would be significantly cheaper than taking back an eight-figure guaranteed salary. The Cavs want a facilitating guard who can either back up or play alongside Kyrie Irving, according to Windhorst, and if they’re seeking a player who’d primarily be a reserve, that, too, indicates that Cleveland wants to hold the line on its payroll to some degree. Simply re-signing its own free agents would likely force the Cavs well into the tax, and the team has had internal discussions about a payroll of between $100MM to $110MM, numbers that would likely incur a tax bill of some $75MM or more, as Windhorst reported earlier this week.

Windhorst also suggests in his latest report that the Cavs could dangle the rights to draft-and-stash center Sasha Kaun, who played under coach David Blatt on the Russian national team and who’s apparently eyeing an NBA deal. Cleveland was earlier reportedly giving thought to signing him this summer.

Wolves Acquire Rights To Tyus Jones From Cavs

June 26th, 2015 at 12:27am CST by Chuck Myron

FRIDAY, 12:26pm: The deal is official, both teams have announced. It’s Minnesota’s own 2019 second-round pick going to Cleveland, the Timberwolves note.

THURSDAY, 9:26pm: The Timberwolves will acquire the rights to Tyus Jones from the Cavaliers, who are drafting him at No. 24, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link). The Cavs are getting picks Nos. 31 and 36, Wojnarowski adds (on Twitter). Cleveland will also receive a 2019 second-rounder, according to Sam Amick of USA Today (Twitter link).

It’s a homecoming for Jones, a Burnsville, Minnesota native who was the Most Outstanding Player of the Final Four this year at Duke. His floor vision and leadership make him an intriguing prospect, as Eddie Scarito of Hoops Rumors examined in his Prospect Profile.

Jones represents a cap hold of $1,068,400, and he’ll likely receive 20% more on his rookie scale contract. Clearing him for a pair of second-round picks that don’t count against the cap until they’re signed helps Cleveland keep its costs low as the team reportedly contemplates a payroll of $100-110MM, plus another $75MM or so in luxury taxes.

J.R. Smith Opts Out, Plans To Re-Sign With Cavs

June 25th, 2015 at 11:53pm CST by Chuck Myron

JUNE 25TH, 11:53pm: The deadline for Smith to opt in lapsed, so he has officially opted out, GM David Griffin said, according to Dave McMenamin of ESPN.com (Twitter link).

JUNE 24TH, 3:30pm: Smith is indeed opting out, reports Shams Charania of RealGM, who notes that there’s mutual interest in a return to Cleveland (Twitter link)

JUNE 17TH, 8:59am: J.R. Smith told Chris Broussard of ESPN.com that he’ll probably turn down his player option worth nearly $6.4MM for next season, but Smith said to Chris Haynes of the Northeast Ohio Media Group that he “absolutely” plans to be back with the Cavaliers (Twitter links). The Leon Rose client is no doubt seeking to capitalize on a revitalization that’s taken place since the January trade that took him from the Knicks to Cleveland, though it appears he wants to remain in surroundings in which he’s thrived.

A raise for Smith would further inflate the cost to the Cavs of keeping this year’s roster intact. The team has had internal discussions about lifting the payroll to $100-110MM next season, which, if it ends up on the high end of that range, would entail a tax bill of some $75MM or more, reports Brian Windhorst of ESPN.com. Cleveland’s only guaranteed contracts are with Kyrie Irving and Anderson Varejao, both of whom have extensions kicking in for next season, and Joe Harris. The Cavs also have a $4.95MM team option on Timofey Mozgov and the trade asset of Brendan Haywood‘s non-guaranteed salary of more than $10.5MM. Aside from that, every other player can elect free agency.

LeBron James and Kevin Love are also expected to decline their player options, Windhorst writes, which wouldn’t be a shock as far as James is concerned, but would run counter to what Love told Haynes in January that he planned to do. The Cavs are expected to extend qualifying offers to Tristan Thompson, Iman Shumpert and Matthew Dellavedova to retain the right to match competing bids for them in free agency this year, Windhorst adds.

The mercurial Smith seemed like a much better fit this season as a supporting piece in the Cavs starting lineup than in the Sixth Man role he played in New York, one in which he’d grown stale after winning the Sixth Man of the Year award in 2012/13. The 29-year-old, who turns 30 in September, took 7.3 three-pointers per game in the regular season with the Cavs, which would be a career high if extrapolated over an entire season. He made 39.0% of them, better than the 35.6% he made on only 3.8 three-point attempts per game for the Knicks this year, who appeared eager to make the trade out of the fear that Smith would opt in and take up some of their cap flexibility for next season.

Heat Shop Mario Chalmers, Chris Andersen?

June 25th, 2015 at 11:20pm CST by Chuck Myron

THURSDAY, 11:20pm: Heat president Pat Riley says that there is no truth to the reports that the team is shopping Andersen and Chalmers, Jason Lieser of The Palm Beach Post tweets.

8:34pm: Wade and the Heat do not have a meeting scheduled, a source told Ira Winderman of the South Florida Sun Sentinel, contradicting the previous report. Any meeting with Wade would like come after the start of free agency on July 1 when the Heat could discuss contract parameters with him, the same source informed Winderman.

2:58pm: Wade is angry at the Heat as they draw a hard financial line, and he doesn’t feel like the team regards him as a priority, a friend of his tells Jackson. Associates say the Heat have damaged Wade’s trust in the organization, Jackson also hears.

MONDAY, 12:49pm: The Heat are shopping Mario Chalmers and Chris Andersen in an attempt to clear salary that they could use on a new contract for Dwyane Wade, report Ramona Shelburne and Brian Windhorst of ESPN.com. They’ll meet with Wade within the next week as the June 29th deadline for him to formally decide on his $16.125MM player option looms, Shelburne and Windhorst write. Wade, in addition to apparent mutual interest in the Lakers, is interested in the Clippers, too, and LeBron James has expressed interest in Wade joining the Cavs, but both are extreme long shots to land the shooting guard given their cap constraints, as the ESPN scribes explain.

Anderson is set to make $5MM next season and Chalmers $4.3MM as each enters the final year of his respective contract. Clearing their salaries would help the team afford to keep its starting lineup intact without going over the projected $81.6MM tax line, note Shelburne and Windhorst. Doing so would set up the Heat to pay the stiffer repeat-offender tax penalties at the end of next season if they remain over the tax line come the final day of the regular season. Miami isn’t a taxpayer this season, but repeater penalties come into play when a team pays the tax three out of four seasons.

The Heat and Wade had been discussing a new contract for $10MM for as many as three seasons beyond his current deal, sources told the ESPN scribes. A friend of Wade’s told Barry Jackson of the Miami Herald recently that the Heat would like Wade to opt in and sign a deal next summer for $10MM each year for two more seasons. Wade instead prefers to opt out and would welcome $20MM salaries on a new three-year deal, as Jackson also reported.

Wade’s preference remains to stay in Miami, according to Shelburne and Windhorst. That was the case last month when Jackson broke the story that Wade is nonetheless open to leaving the only NBA franchise he’s ever played for. Many league execs believe Wade and the Heat will ultimately resolve their differences, Shelburne and Windhorst write. The Lakers have the cap space to give Wade $20MM a year, but the Heat have Bird rights that would allow them to do so, too. Miami is reportedly planning an offer of less than the max to Goran Dragic, one that would further help the team avoid the tax, or at least pay less of it. Clippers coach/executive Doc Rivers and Cavs GM David Griffin have expressed they’re prioritizing new deals with their own marquee free agents, and thus wouldn’t have the cap space necessary to sign Wade for the sort of salary he’d apparently like.