Cavaliers Rumors: Love, Thompson, Smith, Haywood
A pool-side meeting with LeBron James and a 12:01 a.m. phone call on July 1st helped convince Kevin Love to stay in Cleveland, according to Terry Pluto of The Plain Dealer. “We talked everything out,” Love said of the session with James. “A lot of stuff was very honest. We came to a very good place and agreed on a lot of things.” Love added that the early phone call from the organization let him know he was a priority. He agreed to a new five-year, $113MM deal with Cleveland.
There’s more news regarding the Cavs:
- The newly signed James reminded the Cavaliers that they still have offseason work left to do, writes Dave McMenamin of ESPN.com. While filming a movie Friday, James talked about moves the team has made this summer and some that are still left to finish. “We still got to re-sign Tristan Thompson,” he said. “Hopefully we can bring back J.R. Smith as well and see if there’s some other free agents out there that’d love to come here and play if we’re able to do that.”
- Thompson and the Cavs were reportedly close to reaching a five-year, $80MM deal, but talks stalled when he asked for the $85MM that the Warriors’ Draymond Green received, according to Joe Vardon of the Northeast Ohio Media Group. He also notes that Smith, who turned down a $6.4MM option for next season, has found few suitors in free agency. Cleveland is reluctant to give him a large raise or a long-term deal, two things Smith is seeking.
- Turning Brendan Haywood‘s non-guaranteed $10.5MM contract into a trade exception might be the best option for the Cavs, writes Jason Lloyd of The Akron Beacon Journal. Today’s release of Deron Williams by the Nets eases Brooklyn’s financial strain and removes another potential suitor for Haywood, Lloyd writes. One possible alternative is to send Haywood to the Clippers for Jamal Crawford, but L.A. officials have denied they are dealing Crawford, and Cleveland won’t need him if Smith re-signs. Haywood is expected to be dealt before his contract becomes fully guaranteed August 1st.
Central Notes: Love, Bucks, Morris
New Pistons forward Marcus Morris wasn’t initially thrilled with the Suns for dealing him to Detroit, Perry A. Farrell of The Detroit Free Press writes. “I wouldn’t say stunning, but in Phoenix, I would say I didn’t have a great opportunity,” Morris said today. “I kind of wanted to play with my brother [twin Markieff Morris] so much that I kind of took away from myself. I didn’t think I had an opportunity to get better. I don’t think I had the chance to grow as a player over there. I think the opportunity is here for me. Everybody knew how bad I wanted to play with my brother. Phoenix knew. For them to trade me without consent or telling me was like a slap in the face, because of the contract I took from those guys and the money I took from them. I’m happy to be here. I’m a Piston. I’m a Bad Boy. I’m ready to get started.”
Here’s the latest from the Central Division:
- The future second-rounder going to Indiana in the Roy Hibbert trade is the Lakers’ 2019 pick, tweets salary cap expert Larry Coon. The Pacers also net a trade exception equivalent to Hibbert’s salary of more than $15.5MM, Coon points out, but that will vanish when Indiana’s deal with Monta Ellis becomes official, unless the Pacers can somehow turn the Ellis transaction into a sign-and-trade.
- The second-round pick heading from the Mavs to the Bucks in the Zaza Pachulia trade is Dallas’ 2018 selection, and it’s top-55 protected, according to RealGM. The same level of protection is on the 2020 second-rounder Milwaukee gets from the Wizards in the Jared Dudley deal, as RealGM also reveals. Both swaps produced trade exceptions, notes Charles F. Gardner of the Milwaukee Journal Sentinel (Twitter link). The Bucks get one worth $5.2MM from Pachulia and another for $4.25MM from Dudley.
- The salaries in Khris Middleton‘s five-year, $70MM deal with the Bucks fluctuate up and down from year to year, but the starting salary is $14.7MM, Eric Pincus of Basketball Insiders tweets.
- Kevin Love indicated that he and LeBron James had what Love termed, “an honest talk,” prior to Love deciding to re-sign with the Cavaliers, Tom Withers of The Associated Press writes. “He happened to be in Los Angeles the same time I was,” Love said of James. “So, we just talked everything out and a lot of stuff was very honest and we came to a really good place and we agreed on a lot of things, so I think that was also a very big deal when you’re talking to the best player in the world.“
Chuck Myron contributed to this post.
LeBron James Re-Signs With Cavs
1:26pm: The deal is official, the team announced.
“LeBron’s re-signing today is a reflection and continuation of his strong, personal commitment to help deliver championships to Northeast Ohio and Cavs fans everywhere,” GM David Griffin said in the team’s statement. “We share this deep level of commitment with him. His impact upon this team, his community and the game are impossible to overstate and we look forward to continuing on our mission together.”
FRIDAY, 12:10pm: James signed this morning, a source tells Dave McMenamin of ESPN.com (Twitter link). The team has yet to make a formal announcement.
THURSDAY, 12:01pm: Agent Rich Paul notified the Cavaliers that client LeBron James will sign with them on the first day he can in free agency, tweets Chris Broussard of ESPN.com. That would indicate that James will sign today. It’s no great surprise, unlike last year, as James has been likely to stay with Cleveland, though the timing of the move, which comes before an agreement between the Cavs and fellow Paul client Tristan Thompson, is somewhat unexpected. It’s a two-year deal with a player option, Broussard adds in a second tweet, with salary figures that indicate it’ll be a max contract. That’s the very sort of arrangement that Joe Vardon of the Northeast Ohio Media Group wrote months ago that James was likely to sign.
James, 30, turned in another stellar season in 2014/15, averaging 25.3 PPG, 7.4 APG, 6.0 RPG, and a 25.9 PER. This past campaign might not have been James’ career-best, but he was nothing short of dominant overall. After cruising to his eleventh consecutive All-Star selection, James put on a heroic effort in the postseason. Even after losing Kevin Love to a shoulder injury in their first round battle with the Celtics and Kyrie Irving to a knee injury in the Finals, LeBron kept his Cavs afloat into a hard-fought championship series against the Warriors.
LeBron and his squad experienced some road bumps in 2014/15, including an up-and-down start to the year and apparent friction between first-year coach David Blatt and core players. Ultimately, however, LeBron will continue to push to see things through in Cleveland as he promised to do this time last year. Of course, it also helps that James appears to have far more control over personnel moves now than he did in Miami.
There was never much question as to whether LeBron would re-sign with Cleveland, but the Cavs are surely breathing a sigh of relief now that they have word of his return.
Cavs Sign Mo Williams
FRIDAY, 11:39am: The deal is official, the team announced.
“We’re very excited to welcome Mo back to Cleveland and we feel he will be a great fit with our team,” GM David Griffin said. “Mo is a proven, high-caliber playmaker and his ability to space the floor at either guard position will be essential for us.”
MONDAY, 8:40am: Point guard Mo Williams has reached an agreement with the Cavaliers, Adrian Wojnarowski of Yahoo Sports tweets. It’s a two-year, $4.3MM contract that includes a player option, league sources told Wojnarowski. Williams had also considered offers from the Spurs, Mavericks and Pelicans, Wojnarowski adds in a separate tweet. (Twitter links).
Williams, who played for the Hornets during the second half of last season, will provide insurance behind Kyrie Irving. The agreement will not deter the Cavaliers from trying to re-sign Matthew Dellavedova, Marc Stein of ESPN.com tweets.
A report last week indicated a deal between the Grizzlies and Williams was close but it was later denied. The Cavs had their $3.376MM taxpayer’s mid-level to spend. They will have $1.3MM of it left over, Brian Windhorst of ESPN.com tweets.
The 32-year-old Williams, who began last season with the Timberwolves, gives Cleveland scoring punch off the bench and could also start if Irving’s kneecap injury does not heal in time for the start of the regular season. Williams averaged 17.2 points and 6.0 assists in 27 games with the Hornets.
Kevin Love Re-Signs With Cavs
3:22pm: The Cavaliers have released a formal announcement regarding Love’s deal.
3:12pm: The Cavs still haven’t made any formal announcement, but a message with emojis on the team’s Twitter account indicates that Love has signed.
JULY 9TH, 10:07am: The Cavs have yet to make a formal announcement, but Love said in video for The Players’ Tribune that his contract is “inked and official,” as Chris Haynes of the Northeast Ohio Media Group transcribes.
9:35pm: Love’s deal includes a player option for the fifth year, Zach Lowe of Grantland reports (Twitter link).
JULY 1ST, 1:32pm: Kevin Love will re-sign with the Cavaliers, as he says in a self-authored piece on The Players’ Tribune. Love has long insisted that he would remain with Cleveland, in spite of plenty of stories indicating that he would look elsewhere, and a meeting he apparently had planned with the Lakers. It’ll be a five-year deal for about $110MM, tweets Brian Windhorst of ESPN.com, in what appears to be a long-term commitment at the max.
“Yeah, of course I’ve heard the free agency rumors,” Love wrote. “But at the end of the day, and after meeting with my teammates (it turns out pools are great meeting places) and with the front office, it was clear Cleveland was the place for me. We’re all on the same page and we’re all in. We have unfinished business and now it’s time to get back to work.”
Love’s revelation brings to a close months of back-and-forth as rumors that Love would leave Cleveland continually surfaced and Love consistently denied them. The power forward did change his mind about declining his player option, as he said in January that he planned to opt in, but opting out was always the more financially sensible proposition, since the max will almost certainly entail more money for this coming season than he would have made on the option, worth only about $16.744MM.
The Lakers and Celtics were most often connected to him, but the Rockets and Blazers were also identified as teams with interest in recent days, and indeed, he seemingly remains a sought-after commodity around the league even in the wake of a down season that ended with a shoulder injury in the first round of the playoffs. He struggled to mesh with LeBron James both on and off the court, but James apparently still wanted him to stay.
Cavs Re-Sign Iman Shumpert
JULY 9TH, 1:04pm: The deal is official, the team announced.
“Iman is a versatile, two-way player who embodies much of the grit, determination and defense-first mentality our group became identified by,” GM David Griffin said. “He is evolving as a playmaker on both ends and his impact on our group was enormous throughout our Finals run.”
JULY 1ST, 6:34pm: The Cavaliers and restricted free agent Iman Shumpert have agreed to a new contract, Alex Kennedy of Basketball Insiders reports (Twitter link). The deal will be for four years and $40MM, and the final season will include a player option, Kennedy relays. The Lakers, Raptors, Bucks, and Mavericks were all interested in the defensive specialist’s services.
Shumpert was acquired at midseason by the Cavaliers along with J.R. Smith, who opted out of his contract to become an unrestricted free agent this offseason. It’s unclear if Shumpert’s deal will mean that Smith is destined to play elsewhere in 2015/16, though LeBron James reportedly wants the Cavs to re-sign the guard, so one has to wonder if that could outweigh the team’s reservations about Smith.
The 25-year-old played well for the Cavaliers last season, appearing in 38 games, though only one as a starter. Shumpert notched averages of 7.2 points, 3.8 rebounds, and 1.5 assists, along with a slash line of .410/.338/.667.
Central Notes: Smith, Bulls, Johnson
The Cavaliers are still interested in re-signing unrestricted free agent J.R. Smith, who has not met with any other teams yet, Jared Zwerling of Bleacher Report tweets. Smith is reportedly seeking a three-year commitment on his next deal after opting out of his contract for 2015/16. Cleveland has also explored dealing for Nets veteran Joe Johnson, who could fill the scoring void that would be left by Smith’s departure, but those talks are considered dead for the time being.
Here’s more out of the Central Division:
- The Bulls announced that Randy Brown and Charlie Henry have been hired as assistant coaches, and that Mike Wilhelm will be retained as an assistant coach on Fred Hoiberg’s coaching staff.
- Some eyebrows were raised when the Pistons selected Stanley Johnson in this year’s NBA Draft with Justise Winslow still available, but the rookie is showing during Summer League play that he’s ready for the NBA, Joel Brigham of Basketball Insiders writes. It’s Johnson’s toughness that has stood out, a trait that the forward believes led to Pistons coach/executive Stan Van Gundy taking him, Brigham notes. “I don’t think Stan would draft somebody that’s soft,” Johnson said. “I’m not going to let anybody punk me on the court just because I’m 19 years old and new to this. You’re not going to disrespect me. I have no tolerance for that type of stuff. I’ve had some stupid fouls, and I’ve got to get better at that. But I’m going to get my respect, especially in the Summer League.”
- The Pistons will miss more than just Greg Monroe‘s on court production according to point guard Reggie Jackson, Terry Foster of The Detroit News relays. “He was like a big brother to me,” Jackson said. “And he was a role model also. We are going to miss what he brings to the table, and we wish him the best with the Bucks.” Monroe has agreed to a three-year, maximum salary deal with Milwaukee.
Atlantic Notes: Saric, Kaun, Jason Smith, Carroll
The Sixers apparently wanted to bring Dario Saric over for 2015/16, and Saric shared that desire, reports David Pick, writing for Basketball Insiders. However, the No. 12 pick in the 2014 draft doesn’t have a way to escape his contract with Turkey’s Anadolu Efes until next year. Saric was circumspect when Pick asked him about the idea of coming stateside and the situation with his overseas team.
“It’s really hard for me to answer that,” Saric said. “I can’t comment. I think I’m ready to compete in the NBA, against the best players, but we built a great team in Efes and I want to help the club win a championship.”
In any case, it would seem that Saric is anxious to sign with the Sixers as soon as he can, rather than wait until 2017, when he wouldn’t be bound by the rookie scale, though that’s just my observation. Here’s more from around the Atlantic Division:
- The most recent talks the Nets have had with the Cavaliers were about Cleveland draft-and-stash center Sasha Kaun, not Joe Johnson, as Chris Mannix of SI.com reports as part of a larger piece. The Nets and Kaun, a 6’11” 30-year-old, have had mutual interest for some time, tweets Mike Mazzeo of ESPNNewYork.com. The Spurs have also reportedly talked to the Cavs about him. The Johnson discussion is reportedly dormant.
- The Knicks offered their $2.814MM room exception to Jason Smith, but he turned it down for more money from the Magic, writes Marc Berman of the New York Post. New York could have offered as much as $3,933,600 via Non-Bird rights, but agent Mark Bartelstein made it clear there are no hard feelings, as Berman relays. “The Knicks made a great attempt to try to keep him,’’ Bartelstein said.
- Soon-to-be Raptors signee DeMarre Carroll authored an homage to the Hawks, his former team, in The Players’ Tribune, giving credit to a handful of figures, especially former Hawks assistant Quin Snyder, who’s now head coach of the Jazz.
- New Raptors D-League one-to-one affiliate Raptors 905 has named Dan Tolzman as its GM and Jesse Mermuys its head coach and assistant GM, the team announced. Both were already employed within the Raptors organization.
Latest On Cavs, Tristan Thompson
JULY 8TH, 9:10am: The sides made a bit of progress Tuesday, sources told Sam Amico of Fox Sports Ohio, who includes the tidbit at the end of a broader story on Amico Hoops.
JULY 6TH, 1:02pm: Talks between the sides continue, but the dialogue isn’t producing much of substance at this point, Haynes hears. Other teams are keeping a keen watch on the Thompson dialogue, given that LeBron James reportedly won’t talk to the Cavs about re-signing until Thompson’s deal is done, as Haynes details.
1:10pm: The gap isn’t vast, and there’s no animosity between the sides, as Chris Haynes of the Northeast Ohio Media Group hears (Twitter link).
JULY 2ND, 12:05pm: A gap remains between the sides in spite of the progress they made Wednesday, Windhorst tweets.
JULY 1ST, 2:09pm: The Cavaliers and Tristan Thompson are close to an agreement on a deal that would pay him north of $80MM, report Marc Stein and Brian Windhorst of ESPN.com (Twitter link). It appears that would be about the maximum that he could receive in a five-year arrangement. LeBron James made it clear this spring that he wanted his fellow Rich Paul client back with the Cavs, months after Thompson and Cleveland didn’t come to terms on an extension this past fall.
A deal for Thompson would be yet another significant commitment for Cleveland, which will retain Kevin Love, reportedly for the max, and almost certainly will do the same with LeBron. The team has already had internal discussions about a payroll of $100-110MM next season with a tax payment of some $75MM, as Windhorst previously reported.
Thompson turned down a four-year, $52MM extension offer this past fall, betting that he could do better this summer, even though the Cavs had brought in Kevin Love at his position. Thompson came off the bench most of the time, but he excelled as a starter in the playoffs when Love was injured. Still, a max deal is quite a high price to pay for the 24-year-old who averaged only 8.5 points per game this past season, particularly with Love coming back, too.
Atlantic Notes: Celtics, Jefferson, Kaun
The Celtics have failed to land a major star via free agency thus far this offseason, but being free of burdensome contracts heading into the summer of 2016 will set the franchise up to be major players, Steve Bulpett of The Boston Herald writes. Salary cap experts are saying that Boston could potentially get themselves $39MM-$50MM under the cap if they play their cards properly, which means they could have the ability to sign two free agents to maximum contracts next offseason, Bulpett adds. The Boston Herald scribe also notes that it may be easier for the team to land two stars rather than one in the same offseason since players want to go where they have the opportunity to win, and signing as a duo would hold more potential appeal.
Here’s more from around the Atlantic Division:
- The Knicks are one of several teams to express interest in unrestricted free agent guard John Jenkins, Ian Begley of ESPNNewYork.com reports (Twitter link).
- Nets forward Cory Jefferson has been forced to cease Summer League play due to an ankle injury he has been struggling with, Shams Charania of RealGM relays (on Twitter). If Jefferson remains on Brooklyn’s roster past July 15th his contract for 2015/16 will become partially guaranteed for $150k, and this setback isn’t expected to affect Jefferson’s roster spot, Charania notes.
- If the Cavaliers and the Nets end up striking a deal to send Joe Johnson to Cleveland, there is a very good chance that the draft rights to Sasha Kaun head to Brooklyn in the transaction, Robert Windrem of NetsDaily tweets. The 30-year-old center has reportedly been a target of the Nets’ this offseason, though the talks between the two franchises appear to be stalled for the moment.
- As much as the Raptors may end up missing Lou Williams‘ offensive game, the team is glad to have rid itself of the distractions that the guard brought to the squad, Steve Simmons of The Toronto Sun writes. The reigning Sixth Man of the Year agreed to a three-year, $21MM arrangement with the Lakers, and if Nick Young isn’t traded, which the Lakers are reportedly exploring doing, it will certainly make for an entertaining locker room in Los Angeles in 2015/16.