Kyle Korver

Kyle Korver Re-Signs With Cavaliers

Kyle Korver vertical

JULY 12, 8:28pm: The signing is official, the Cavaliers announced on their website.

JULY 2, 3:09pm: Kyle Korver has agreed to a new three-year, $22MM contract with the Cavaliers, tweets Shams Charania of The Vertical. The final season is only partially guaranteed, according to Brian Windhorst of (Twitter link).

The 36-year-old came to Cleveland in a January deal and provided a needed outside threat. He averaged 10.7 points in 35 games and shot .485 from 3-point range.

The Cavs acquired Korver’s Bird rights when they brought him over from Atlanta, which is fortunate because they don’t have any available cap room to use to re-sign him. The 14-year veteran will get a nice raise from the little more than $5.2MM he made this season.

Several other teams expressed an interest in Korver, including the Pelicans and Bucks, but he decided to remain with the Eastern Conference champions and take another shot at a ring.

Photo courtesy of USA Today Sports Images.

Central Rumors: Shumpert, Korver, Bulls, Forman

While trade talks between the Cavaliers and Rockets involving Iman Shumpert appear to have lost momentum, Cleveland continues to try to find a landing spot for the swingman, indicating that there are other possible trade partners, per Joe Vardon of According to Sam Amico of, the Raptors, Timberwolves, Lakers, and Kings have expressed some level of interest in Shumpert, though it’s not clear how many of those clubs remain in pursuit.

As we wait to see if the Cavs can find a taker for Shumpert, let’s round up a few more Central notes and rumors…

  • The Cavaliers have made a contract offer to Kyle Korver, according to Vardon. The terms of that offer aren’t known.
  • After a Saturday report indicated that the Bulls have conveyed interest in Justin Holiday, Marc Berman of The New York Post (Twitter link) hears from a source that Chicago is one of the teams that has made Holiday a contract offer. The Knicks haven’t formally put an offer on the table for Holiday, but the situation is fluid, says Berman.
  • The Bulls may end up re-shuffling their front office this offseason, a source tells Joe Cowley of The Chicago Sun-Times. According to Cowley, GM Gar Forman could be the odd man out if the team restructures its management hierarchy, while John Paxson‘s brother Jim Paxson – the Bulls’ director of basketball operations – may take on more responsibilities.

Cavs To Make Contract Offer To Kyle Korver

12:30pm: The Spurs, Lakers, and Clippers are also expected to have interest in Korver, per Sam Amico of We can add those potential suitors to the Pelicans and Bucks, who are noted below.

11:57am: The Cavaliers are expected to make a contract offer to Kyle Korver when free agency opens early on Saturday morning, according to Joe Vardon of While details of that offer aren’t yet known, it will likely come at 12:01 am ET on Saturday, per Vardon.

Because the Cavaliers traded for Korver during the season, they acquired the veteran’s Bird rights along with him, which will allow them to make him a contract offer without any restrictions. However, the team will have to seriously consider the tax implications of an offer to Korver. Cleveland projects to be well over the tax line already, and repeater tax penalties will be significant.

There are also several other teams believed to have interest in Korver. Vardon names the Pelicans and Bucks as two clubs likely to be among the suitors for the veteran sharpshooter, though it remains to be seen how aggressive those teams – or others – will be.

In addition to eyeing a new deal for Korver, the Cavaliers have also had discussions with Turkish forward Cedi Osman, a draft-and-stash prospect who was the 31st overall pick in the 2015 draft. However, with no cap room and only the taxpayer mid-level exception ($5.192MM) at their disposal, the Cavs’ ability to offer a significant contract will be limited, especially if they intend to use that MLE on someone else. As Vardon notes, Carmelo Anthony remains on the club’s radar as a probable target if he’s bought out, though there’s no indication that the Knicks are leaning toward that option.

The Cavaliers continue to operate without a full-time president of basketball operations or GM in place. We heard earlier this week from ESPN’s Jeff Goodman that Chauncey Billups and the Cavs remained in talks after Billups issued a counter-offer to the team, but there is still no resolution. Assistant general manager Koby Altman has essentially been Cleveland’s acting GM.

Free Agent Notes: Caldwell-Pope, Korver, Millsap, Hill

Coach/executive Stan Van Gundy says keeping restricted free agent Kentavious Caldwell-Pope will be the Pistons‘ priority in free agency, tweets Rod Beard of The Detroit News. The Pistons submitted a $4.96MM qualifying offer to Caldwell-Pope earlier this week, giving them the right to match any offer he receives. Van Gundy adds that the team will be searching for a third center at the veterans minimum and would like to find a veteran point guard to back up Reggie Jackson and Ish Smith (Twitter link). “Our main focus in [free agency] is guards,” Van Gundy said, “whether it’s our own guys or whatever we can spend on the MLE.”

There’s more as the free agency countdown continues:

  • Luxury tax issues could force Kyle Korver out of Cleveland, even though he and the team would like to extend their relationship, according to Joe Vardon of The Cavaliers may have to part with Korver, who shot a league-best .485 from 3-point range this season, if a large offer comes from another organization. Cleveland topped the $113MM tax threshold by $15MM this year and is facing a luxury tax bill of about $24.8MM, which includes a repeater penalty for exceeding the threshold every year since LeBron James returned. The Cavs currently have 10 players under contract for 2017/18 with a total salary of $128MM. With a projected tax line of $119MM, the team is looking at $29.75MM in taxes without filling up the roster.
  • Six to eight teams are expected to pursue Hawks forward Paul Millsap, tweets Chris Vivlamore of The Atlanta Journal Constitution. The Nuggets, Spurs and Rockets are teams that have expressed interest in Millsap, although Houston’s plans may be altered by the package it gave the Clippers today in exchange for Chris Paul. New Hawks GM Travis Schlenk has said the Hawks don’t expect to make a full max offer to Millsap.
  • Gordon Hayward is hoping the Jazz will re-sign point guard George Hill, relays Jody Genessy of The Deseret News (Twitter link). Utah is hoping for an early meeting with Hill, who averaged 16.9 points in 49 games after coming to the team in an offseason trade. Hayward remains the top priority in free agency, and the Jazz will meet with him Monday after he hears presentations from the Heat and Celtics.

Central Notes: Korver, Williams, Workouts

There’s a better chance that the Cavaliers bring mid-season trade acquisition Kyle Korver back for 2017/18 than buyout season bargain Deron Williams, Joe Vardon of writes. In response to a reader’s question, Vardon broke down the circumstances of their respective pending free agencies.

Because they gave up a first-round pick to acquire him, the Cavaliers hold Korver’s Bird Rights. That means, of course, that they can go above the salary cap to retain him, something outright inevitable given that they’re operating with the league’s highest payroll. Bringing Korver – who led the league in 3-point percentage at age 36 – back is a cost effective way of keeping offensive weapons on board for next season.

Williams, in contrast, will be limited in the size of contract he can land with the Cavaliers, a figure certainly less than what he drew on the open market with the Mavs last offseason. Despite his having been waived by Dallas in February, his eventual playoff struggles with Cleveland and the staggering fact that he’ll make $5.5MM for the next three years thanks to a stretch provision dating back to his time with the Nets, Vardon says he’s “unlikely” to sign with the Cavaliers for just their $5.1 exception.

There’s more from the Central Division:

  • The Bucks worked out a handful of guards Friday, including Donovan Mitchell (projected to be drafted at No. 14 by and Justin Jackson (No. 19). A report on Milwaukee’s official website has the details.
  • The Pistons spent time Friday working out a number of deep sleepers, Keith Langlois of tweets. The scribe notes facetiously that the names aren’t likely candidates to go 12th overall. With no second-round pick, Detroit could be auditioning eventual free agent options.
  • The Pacers will bring John Collins (projected to be drafted at No. 13 by and Harry Giles (No. 22) in for a workout Saturday, the team writes on its official site, as well as several others.
  • A combination of age and limited financial flexibility could make it difficult for the Cavaliers to improve this offseason, Bobby Marks of The Vertical writes. Marks notes that even if the club looked elsewhere than Kyle Korver and Deron Williams, they’d only have minimum contracts and the mid-level exception at their disposal.

Atlantic Notes: Hayward, Ilyasova, Lowry, Sixers

Gordon Hayward‘s outside shooting and overall offensive skills would blend well with Isaiah Thomas game if the Jazz forward chooses the Celtics in free agency, Steve Bulpett of the Boston Herald opines. The fact that the Celtics protected their salary-cap space in order to make a run at a top free agent indicates that Hayward would at least take a close look at Boston and a potential reunion with his college coach Brad Stevens, Bulpett continues. If Hayward signs a three-year deal with the Celtics that includes an opt-out clause, he could sign for the 10-year veteran’s maximum in 2020, Bulpett notes. The Celtics could alternatively put together a big package to trade with the Pacers for Paul George if George is willing to stay in Boston after he becomes an unrestricted free agent next summer, Bulpett adds.

In other news around the Atlantic Division:

  • It’s unlikely that the Sixers will make a run at veteran power forward Ersan Ilyasova in free agency, according to Jessica Camerato of While Ilyasova lifted their offense and aided in Dario Saric‘s development before he was traded to the Hawks this season, the Sixers want to maintain flexibility with their frontcourt group. Ilyasova will be seeking a multi-year commitment and security after being traded around the league in recent years, Camerato adds.
  • Free agent point guard Kyle Lowry could wind up with the Clippers if the Raptors don’t re-sign him and Chris Paul heads elsewhere in free agency, Steve Simmons of the Toronto Sun opines. Lowry could also be a fit with the Spurs if Paul declines to play there, Simmons continues. On a separate note, Toronto could wind up signing a veteran shooting guard such as Kyle Korver or Vince Carter because of their ability to make 3-pointers, Simmons adds.
  • Forbes magazine estimates the value of the Sixers’ franchise has jumped to $800MM, Keith Pompey of the Philadelphia Inquirer relays. That’s an increase of over $500MM than the purchase price for the franchise in 2011, Pompey notes. The team’s value could continue to rise if Ben Simmons becomes a star player, according to the magazine.

Cavaliers Notes: James, Korver, Williams, Love

While returning to the NBA Finals is a thrill for LeBron James, the Cavaliers superstar is thrilled Kyle Korver and Deron Williams will get to experience the big stage for the first time, Chris Fedor of writes.

The Cavaliers wrapped up the Eastern Conference Finals with a 135-102 blowout win over the Celtics on Thursday, setting the stage for a third consecutive Cavaliers vs. Warriors NBA Finals matchup. This third installment will feature new faces as Warriors’ All-Star Kevin Durant tries to secure his first title. However, it’s the decade-plus veterans in Cleveland who are getting their first crack at the gold — which excites James.

“I think the first thing for me was seeing the excitement on Kyle [Korver’s] and Deron [Williams’] face,” James, who will appear in his seventh consecutive NBA Finals, said. “You’ve got one guy with 12 years, first Finals appearance, and another guy 14 [years]. So that’s the first thing I picked. And just to see the excitement around my teammates — I do it for them, and they give it back to me as well.”

The Cavaliers struggled after acquiring Korver in January and issues with their backup point guards forced the team to acquire Williams. Now, the team and its reinforcements are four wins from bringing a second consecutive NBA title to Cleveland.

Here are some additional tidbits surrounding the Cavaliers:

  • In a separate piece,’s Chris Fedor reveals that Cavaliers forward Kevin Love refused to join James for a dual media session after the team’s Game 5. Despite the duo appearing simultaneously after previous contests, Love explained that James deserved to have the spotlight on just him after the team secured its third straight Finals appearance.”I just told [communications director] Tad [Carper] I wouldn’t share a podium with him because tonight is a night where he deserves to be on his own,” Love said.
  • Former NBA champion and Pistons legend Bill Laimbeer appeared on The Rematch Podcast with Etan Thomas recently and explained why he prefers James over Michael Jordan. While Laimbeer and the Pistons engaged in several wars with the Jordan-led Bulls decades ago, he feels James’ skills supersede the Chicago legend. “LeBron can do anything. Michael couldn’t get all the rebounds. He couldn’t be the assist man like LeBron James can,” Laimbeer said (via USA Today). “He was very focused on scoring, a deadly assassin, but the rest of the part of his game, LeBron James is better than Michael Jordan.”

Central Notes: Pritchard, Drummond, Korver, Lue

New Pacers president of basketball operations Kevin Pritchard promises to bring an aggressive approach to the job, according to Michael Marot of the Associated Press. Pritchard, who took over when Larry Bird officially resigned this week, can now implement the ideas that he used to advocate to his former boss. “I think you have to be bold in this position,” Pritchard said. “I like interchanging pieces, I like moving around in the draft, I want to be aggressive, I want to make deals.” Pritchard will have to deal with the impending free agency of Jeff Teague and possibly C.J. Miles and Lavoy Allen as well. Of course, his biggest decision will be whether to trade All-Star forward Paul George, who can opt out next summer.

There’s more from the Central Division:

  • Pistons center Andre Drummond recently had surgery to fix a deviated septum that caused breathing problems for the past four years, relays Vince Ellis of The Detroit Free Press. “[I’ve] been playing with my right nostril for four years because I ended up [injuring my nose] some more after my second season,” Drummond said. “I never really had a chance to really sit down and do a surgery. Last year, we made the playoffs and the year before that, I went to the Olympics. It was really tough for me to be out for six weeks and not be able to do anything.” The Pistons signed Drummond to a max deal last summer, but have reportedly been gauging his trade value because of concerns over his work ethic.
  • Kyle Korver is delivering in the playoffs the way the Cavaliers hoped when they traded for him in January, writes Dave McMenamin of He scored 14 points in the Game 3 win at Toronto, with most coming as Cleveland pulled away in the second half. “When [Korver] steps on the floor, eyes have to be on him,” said LeBron James. “… Just his ability to be out on the floor just helps us all out offensively because it just creates more space. From the time we got him all the way to now, and as we continue to play throughout the postseason, he’s been huge for our ballclub.”
  • Terry Pluto of examines the delicate balancing act that Cleveland’s Tyronn Lue must perform as the coach of one of the NBA’s most talented teams.

Cavaliers Notes: Griffin, Gilbert, Korver, Williams

The Magic and Suns could both make a run at Cavaliers GM David Griffin after the playoffs end, writes Sam Amico of Orlando, which fired GM Rob Hennigan earlier this month, would consider doubling Griffin’s salary to bring him on board. Phoenix is a legitimate threat because Griffin is from that area and started his career with the Suns. GM Ryan McDonough is safe in Phoenix, according to Amico, but the team could offer Griffin a president’s role, similar to what Phil Jackson has in New York, where he would have the final say on all basketball decisions.

Griffin’s first choice is to stay in Cleveland, and owner Dan Gilbert would like to keep him, but that’s not a guarantee that things will work out. Griffin took over GM’s post in 2014 with the expectation of building a young team, but that changed quickly when LeBron James announced his intention to return. Griffin’s goals quickly changed to building a championship team, and his performance in doing that ensures he will get a big payoff this summer. The only question is whether it comes from the Cavs or someone else.

There’s more today out of Cleveland:

  • Kyle Korver took an instant liking to the organization after being acquired in a January 7th trade with the Hawks, relays Joe Vardon of The Cavaliers have Bird rights on the free agent swingman and can go over the cap for his new contract. Vardon indicates that Korver seems likely to re-sign, but there haven’t been any serious internal discussions about his future because of the uncertainty surrounding Griffin.
  • The same situation affects point guard Deron Williams, Vardon adds in the same piece. The significant different for Williams is that because he signed as a free agent after agreeing to a buyout with the Mavericks in February, the Cavs don’t own his Bird rights. They will be limited to the veteran’s minimum, which was $1.55MM this season, and Williams can probably find better offers elsewhere.
  • Chemistry concerns that haunted the Cavaliers this season seem like less of an issue after the first-round sweep of the Pacers, writes Marla Ridenour of The Akron Beacon Journal. “A lot of egos can get in the way, a lot of things could get in the way of a team being successful as a team,” said Kyrie Irving. “Us putting our individual sacrifices to the side and the only thing that matters is us winning and advancing, as long as that’s first, we’ll always be in a good place.”

Injury Notes: Crowder, Thompson, Rose, Anderson

Jae Crowder‘s status for Boston’s game against Cleveland on Wednesday night isn’t yet known, but an MRI on his injured left elbow confirmed that there’s no structural damage, which is good news for the Celtics forward, writes Chris Forsberg of Crowder referred to himself as day-to-day, and there’s a chance he’ll play through the injury.

Meanwhile, on the other side of tonight’s matchup, there’s some some good news and bad news for the Cavaliers. In the positive column, Kyle Korver returned to the team’s lineup on Tuesday night after missing 11 games with a foot injury. However, another key rotation player, Tristan Thompson, left that game with what has since been diagnosed as a sprained right thumb.

Thompson has appeared in 447 consecutive games, but that streak will come to an end this week, as he has officially been ruled out for the Cavaliers’ next two games against Boston and Atlanta. The veteran big man will continue to undergo treatment and be re-evaluated, with the team presumably hoping he can return in time for the playoffs.

Here are a few more injury updates of note from around the NBA:

  • The Knicks announced today (via Twitter) that point guard Derrick Rose underwent an “uncomplicated” left knee arthroscopy to address his meniscus tear. The team expects Rose to resume basketball activities in about three to six weeks.
  • Rockets forward Ryan Anderson, who has been sidelined with a sprained ankle for nearly two weeks, may return later this week. As Mark Berman of FOX 26 Houston tweets, James Harden suggested today that the club is hoping to get Anderson back on Friday.
  • Dirk Nowitzki has a chance to return to the lineup for the Mavericks on Wednesday night, per head coach Rick Carlisle. Nowitzki will be a game-time decision after having sat out the team’s last game with Achilles soreness, tweets Earl K. Sneed of
  • Colin Hoobler, a physical therapist in Portland, took a closer look at Trail Blazers center Jusuf Nurkic‘s fibular fracture in an interesting piece for The Oregonian.
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