Andre Drummond

Cavaliers Buy Out Andre Drummond’s Contract

4:45pm: The buyout agreement is official, according to a team press release.

“I want to thank Andre for his contributions to our team both on and off the court, and for his professionalism and mutual cooperation as we navigated through this process with him and his representation,” GM Koby Altman said. “We have great respect for Andre as a person and a player here in Cleveland and we are happy to have reached an outcome that is in the best interest of both Andre and our team.”


12:53pm: The Cavaliers have reached a buyout agreement with center Andre Drummond, reports Chris Fedor of Cleveland.com (Twitter link). Drummond will be free to sign with any team once he officially clears waivers.

The move was expected, with reports on Thursday indicating that the Cavs were negotiating a buyout with Drummond after failing to find a favorable trade at the deadline.

Drummond, 27, is averaging a double-double for the eight consecutive season in 2020/21, with 17.5 PPG and 13.5 RPG in 25 games (28.9 MPG) for Cleveland. However, he wasn’t in the Cavs’ long-term plans, so the team pulled him out of its rotation in February to create more minutes for new center Jarrett Allen and to resolve his situation.

Drummond’s $28.75MM expiring salary made it impossible for the club to recoup anything of real value on the trade market. However, he could be as available on the free agent market for as little as the veteran’s minimum. Money will be one of the factors Drummond must consider as he weighs which team to join next, since some of his suitors – including the Lakers – will be limited to offering the prorated minimum, while others – like the Knicks – could go much higher.

His potential role and the opportunity to compete for a championship are other factors that Drummond will have to consider as he explores his options. Besides the Lakers and Knicks, the big man is expected to talk to the Clippers, Celtics, Hornets, and possibly the Nets.

Executives around the league reportedly view the Lakers as the frontrunners for Drummond.

Photo courtesy of USA Today Sports Images.

Lakers Notes: Drummond, Schröder, Davis, Gasol

After a quiet trade deadline, the Lakers will shift their focus to the buyout market, according to Mark Medina of USA Today, who takes a closer look at the team’s pursuit of big men such as Andre Drummond and LaMarcus Aldridge.

While a Thursday night report from Chris Haynes of Yahoo Sports confirmed that the Lakers will get an opportunity to talk to both players, Aldridge is believed to be leaning toward the Heat, according to multiple reports. If so, the Lakers figure to zero in on Drummond, and executives around the league believe L.A. is the frontrunner to land the big man after he finalizes a buyout with Cleveland.

Appearing on ESPN’s Keyshawn, JWill & Zubin Show on Friday morning (video link), ESPN’s Adrian Wojnarowski reported that a number of Lakers players have already been making an effort to recruit Drummond, who could potentially slide right into a starting role in Los Angeles.

Here’s more on the Lakers:

  • Lakers guard Dennis Schröder strongly hinted that he plans to reach free agency rather than signing an in-season extension, telling reporters on Thursday that while he wants to stick with the Lakers, he also wants to “see my options” (Twitter link via Bill Oram of The Athletic). A Thursday report stated that the Lakers and Schröder remain far apart in extension negotiations.
  • While he didn’t specifically confirm Shams Charania’s Thursday report that said Anthony Davis (calf) will miss at least two more weeks, head coach Frank Vogel said last night that Davis is “still a ways away,” tweets Medina.
  • Upon returning to the Lakers this week, Marc Gasol detailed his recent bout with COVID-19, admitting that the virus seriously affected him, as Kyle Goon of The Orange County Register writes. “I had a little bit of headaches, but I’m like, ‘Well, hopefully I’m going to be pretty much asymptomatic,'” Gasol said. “And then when it hits you, it hits you really hard, at least for me.”
  • The Lakers allowed fans into Staples Center for the first time on Thursday night, albeit on a small scale. The team received permission from local health officials to have 50 fans in the arena, tweets Dave McMenamin of ESPN.

Candidates Emerge For Aldridge, Drummond

Recently bought-out free agent big man LaMarcus Aldridge is set to chat with several reputable playoff contenders soon. Chris Haynes of Yahoo Sports tweets that the Heat, Lakers, Clippers and Nets are all expected to have a chance to woo the 35-year-old former All-Star.

A report earlier today suggested there was “increasing momentum” toward Aldridge ending up in Miami, and Haynes confirmed the Heat are the favorites, but it sounds like no decision has been made yet.

Before the Spurs agreed to shut him down ahead of a trade or buyout, Aldridge had lost his starting center role to Jakob Poeltl in his least productive season since his rookie year. He is averaging 13.7 PPG and 4.5 RPG across 21 games this season.

Aldridge is not the only decorated veteran big man looking for new digs. Haynes tweets that former All-Star center Andre Drummond, still working towards his own buyout with the Cavaliers, will talk with some of the same clubs as he considers his own next steps. The KnicksCelticsHornets, Lakers, and Clippers are the teams that will have an audience with the 27-year-old former All-Star.

Kevin O’Connor of The Ringer tweets that “a lot of uncertainty” surrounds this next move for Drummond. Several of these clubs can offer vastly different roles and salaries based on their current rosters and cap situations.

Drummond, averaging a stellar 17.5 PPG and 13.5 RPG for Cleveland, seems likely to enjoy the best combination of money and opportunity on the Knicks and Hornets. The Hornets especially have long needed a major upgrade at center. However, the Lakers have been viewed as the frontrunner for the big man.

Lakers Rumors: Lowry, Schröder, THT, Caruso, Gasol

The Lakers were open to dealing point guard Dennis Schröder and longtime wing Kentavious Caldwell-Pope for veteran Raptors guard Kyle Lowry ahead of today’s trade deadline, but were resistant to including ascendant shooting guard Talen Horton-Tucker in a deal, according to Jovan Buha and Bill Oram of The Athletic.

Buha and Oram note that Schroder, KCP, and “some draft compensation” were being discussed in exchange for the six-time Toronto All-Star. Los Angeles team president Rob Pelinka apparently balked at including Horton-Tucker, a promising 20-year-old second-year combo guard.

The Lakers continue to negotiate a possible long-term contract extension with starting point guard Schröder, currently earning $15.5MM in the last season of an expiring four-year deal, but remain far apart in those talks. The 27-year-old veteran is hoping to net at least $20MM annually, according to Buha and Oram, who note that this price tag contributed to the front office being open to moving Schröder in a deal for Lowry.

The Lakers’ willingness to trade valuable two-way swingman Caldwell-Pope appear to be about prioritizing re-signing Horton-Tucker and point guard Alex Caruso during the 2021 offseason. A league source tells Buha and Oram that both players could garner deals worth the full mid-level exception, which projects to be worth more than $9.5MM next season.

With Schröder now sticking with LA through the trade deadline, sources tell Buha and Oram that the club hopes to re-sign the point guard this summer, too.

The Lakers currently still have two open roster spots, and are going to use the buyout market to acquire new additions heading into the home stretch of the season. Los Angeles appears to be one of the top finalists in the race to acquire 27-year-old Cavaliers center Andre Drummond, a two-time All-Star, once he finalizes his expected buyout with Cleveland. In addition to a veteran center, Buha and Oram anticipate that the Lakers will seek a defensive-oriented free agent swingman for their other available roster position.

In other Lakers news, starting center Marc Gasol will be back on the court for the injury-depleted club tonight against the Sixers, Brad Turner of the Los Angeles Times tweets. The veteran big man will only be allowed to play about 15 minutes tonight during his first game action this month, after being placed in the NBA’s coronavirus-related health and safety protocols.

Buyout Rumors: Drummond, Porter, Wall, Ellington, Nuggets

The buyout market for Andre Drummond is expected to center around the Lakers and Knicks, says Jake Fischer of Bleacher Report (Twitter link).

Reports earlier this week indicated that executives around the NBA widely view the Lakers as the favorites to land Drummond, given the team’s ability to offer him an immediate role and an opportunity to compete for a title.

However, the Knicks are an interesting wild card, since their leftover cap room would allow them to offer Drummond a multiyear contract worth eight figures annually without having to wait until the summer.

Drummond’s buyout agreement with Cleveland is in the works, while LaMarcus Aldridge‘s with the Spurs is already a done deal. Here are a few more notes and rumors on the buyout market:

  • Multiple teams are keeping an eye on Otto Porter as a potential buyout candidate following the trade that will send him from Chicago to Orlando, per Chris Haynes of Yahoo Sports (Twitter link). However, the Magic‘s plan for now is to hang onto Porter, a source tells Haynes.
  • The Rockets and John Wall aren’t discussing a buyout, league sources tell Haynes (Twitter link). Wall has two years and $91.6MM left on his contract after this season, so it would’ve been a shock if the two sides were already looking at a possible buyout.
  • After retaining Wayne Ellington through the trade deadline, the Pistons have no plans to buy out the veteran sharpshooter, says Omari Sankofa II of The Detroit Free Press (Twitter link).
  • Mike Singer of The Denver Post (Twitter link) expects the Nuggets to take a long look at the buyout market, especially if an appealing shooting guard becomes available.

Cavaliers To Negotiate Buyout With Andre Drummond

The Cavaliers couldn’t find a taker for Andre Drummond before the trade deadline, so the two sides will begin talks on a buyout, tweets Chris Haynes of Yahoo Sports.

Cleveland was hoping to get at least a draft pick for the veteran center, but the right offer never came. Drummond’s $28.75MM salary was an impediment to getting a deal done, as most teams would have needed to include valuable players to match salaries. The Celtics, Knicks, Mavericks and Bulls were among the teams rumored to have interest in trading for Drummond.

Drummond is still a productive player, averaging 17.5 points and 13.5 rebounds per game, but he hasn’t played since February 12 while the Cavs have been searching for a trade partner. The 27-year-old will be a restricted free agent this summer.

The Lakers are considered the favorites to sign Drummond once he clears waivers, according to a report this week.

Trade Rumors: Powell, Drummond, McGee, Knicks

The Rockets are among the teams having discussions with the Raptors about shooting guard Norman Powell, according to Jonathan Feigen of The Houston Chronicle. Citing someone with knowledge of the talks, Feigen reports that Houston is examining deals that would involve multiple teams and players.

Powell could provide a boost to the Rockets’ rebuilding project if they can sign him to a long-term deal. He is expected to turn down an $11.6MM player option and test the free agency waters this summer. The 27-year-old is in the middle of his best season, averaging 19.5 points per game and shooting 43.5% from 3-point range.

Powell is among the most popular names on this year’s trade market, with teams expressing interest in him numbering “in the teens,” tweets Marc Stein of The New York Times.

There’s more trade news to pass along:

  • The chances that the Cavaliers will find a taker for Andre Drummond are “50-50,” a source tells Chris Fedor of Cleveland.com. Cleveland is hoping to get at least a draft pick in return and is willing to wait all the way to Thursday’s deadline at 3pm Eastern to get a deal done, Fedor adds. Drummond hasn’t played since February 12, when the team decided to keep him out of action while it searched for a trade.
  • Cavaliers teammate JaVale McGee is drawing interest from several contenders, including at least one in the Eastern Conference, Fedor notes in the same story. Cleveland is seeking just a second-round pick in return for McGee, according to Fedor, and has no plans to buy him out if he’s not traded. At age 33, McGee has been through this experience before. “It’s definitely hard when you’re in the trade talks as a younger player I feel like, but as an older player, as myself, I’ve been in trade talks plenty of years and plenty of times,” he said. “I’ve figured out how to block it out, play my game and focus on what I have to do. If something happens at the trade deadline, it happens. If it doesn’t, it doesn’t. You really never know.”
  • The Knicks have become a “serious potential destination” for Drummond, tweets Kevin O’Connor of The Ringer. Eric Pincus of Bleacher Report points out that because New York has roughly $15MM in cap room, the team would only have to send about $14MM to Cleveland in exchange for Drummond (via Twitter).

Trade Rumors: Powell, Knicks, Nets, Pacers, Gordon

The Pacers may be the team to watch in the competition for Raptors shooting guard Norman Powell, no matter what happens by Thursday’s trade deadline, according to Marc Berman of The New York Post. League sources tell Berman that Indiana is willing to outbid the field for Powell in free agency, even if it means overpaying.

The Knicks also have interest in Powell, Berman adds, but just as with Rockets guard Victor Oladipo, they’re reluctant to part with first-round picks and would want some assurance that he would re-sign before making a move.

New York’s front office believes the team has exceeded expectations this season and is confident that it can at least wind up in a play-in game with the current roster. Berman cites a feeling around the league that the Knicks will wait until the offseason for any major moves.

There’s more on the trade front:

  • The Knicks will have interest in signing Pelicans guard Lonzo Ball this summer, Berman adds in the same story. New Orleans is considering whether to trade Ball now instead of possibly losing him in free agency. If New York reaches a buyout with Austin Rivers, J.J. Redick will be a candidate to take his place on the roster, assuming that he’s bought out as well, but the Knicks would face competition from the Nets and other teams for Redick.
  • A source tells Berman that the Pacers haven’t put Malcolm Brogdon or Myles Turner on the trade market. A report Tuesday said Indiana was listening to offers for Brogdon.
  • The Nets are interested in Cavaliers centers Andre Drummond and JaVale McGee, according to Ian Begley of SNY.tv, but it’s not clear if Brooklyn will wait for a buyout or try to make a trade.
  • The Timberwolves are among the teams still pursuing Magic forward Aaron Gordon, tweets Marc Stein of The New York Times. Stein confirms a report that Minnesota and Orlando had serious discussions about Gordon in January before he injured his ankle.

Trade Rumors: Pelicans, Bledsoe, Knicks, Pacers, Holiday, More

The Pelicans are hoping to move off some of their expensive, longer-term contracts, according to Joe Vardon of The Athletic, who points to Eric Bledsoe and Steven Adams as two players who fit that bill. Since neither Bledsoe nor Adams looks like a positive trade asset at this point, a more appealing young player like Lonzo Ball could “serve as a reward” for a trade partner who is open to absorbing one of those contracts, Vardon writes.

Reports from Ian Begley of SNY.tv and Mike Mazzeo (Twitter link) also suggest that the Pelicans are looking to dump some long-term salary. Begley hears from sources that New Orleans has spoken to multiple teams – including the Knicks – about attaching a first-round pick to Bledsoe’s contract in potential trades. It’s not clear what sort of return the Pels are seeking in exchange for Bledsoe and a first-rounder.

Meanwhile, Mazzeo hears that the Knicks and Pelicans have discussed the possibility of a trade that includes both Ball and Bledsoe, but that New York would want to find a third team to take on Bledsoe’s contract in that scenario.

Here are a few more of the latest trade rumors from around the NBA:

  • Although at least one “prominent voice” within the Knicks‘ organization is in favor of acquiring Andre Drummond from the Cavaliers, the majority of the front office doesn’t view the big man as a fit, according to Begley.
  • The Pacers have held numerous trade discussions this week about Myles Turner, Aaron Holiday, and Doug McDermott, league sources tell Jake Fischer of Bleacher Report (Twitter link). A previous report stated that Indiana would have to be blown away to move Turner this week, but Holiday and McDermott are more viable trade candidates.
  • Addressing the Holiday situation, J. Michael of The Indianapolis Star cites league sources who say that many people around the Pacers guard are hoping he’s dealt this week or during the offseason. Playing time is a top priority for Holiday, and he has seen his minutes dip to 18.0 per game under Nate Bjorkgren this season (after averaging 24.5 MPG a year ago). According to Michael, the Knicks and Suns have had interest in Holiday in the past, but it’s not clear if he’s on either team’s radar now.
  • If LaMarcus Aldridge is bought out rather than traded, the Suns would be in the mix, though the Heat and Nets would probably be ahead of Phoenix in the pecking order, tweets Brad Townsend of The Dallas Morning News.

Woj’s Latest: Drummond, Aldridge, Blazers, Oladipo, Redick, Hornets

If Andre Drummond and LaMarcus Aldridge receive buyouts rather than being traded, the Lakers and Heat are widely viewed as the respective frontrunners to sign them. Adrian Wojnarowski essentially confirmed that point during today’s Woj & Lowe Trade Deadline Special on ESPN, though he noted that both big men would have plenty of options on the buyout market.

The Nets, Clippers, Celtics, and Mavericks would have interest in Drummond, according to Wojnarowski. Meanwhile, ESPN’s Zach Lowe said he expects the Hornets to pursue Aldridge if he hits waivers.

The ability to compete for a championship would be a top priority for both veteran bigs, according to Brad Townsend of The Dallas Morning News (Twitter links), who hears that a championship ring would be “the driving force” for Aldridge. As for Drummond, while the Mavs would have interest, they expect he’d hunt for a ring with Brooklyn or one of the L.A. teams, says Townsend.

Here are a few more notable tidbits from the Woj & Lowe Trade Deadline Special that aired on ESPN this afternoon:

  • The Trail Blazers have been “very active” in trade discussions, according to Wojnarowski, who pointed to Norman Powell and Victor Oladipo as players who could appeal to Portland.
  • Wojnarowski gets the sense that the Rockets will be able to land a mid first-round pick in exchange for Oladipo. However, Woj downplayed New York’s interest in the veteran guard: “I don’t sense the interest in a future partnership with Oladipo is significant with the Knicks.”
  • The Jazz could be a dark-horse suitor for Pelicans guard J.J. Redick in the event of a buyout, says Wojnarowski. Still, the Nets are viewed as the probable frontrunner in that scenario, since Redick’s family is based in Brooklyn. “Geography may play a big part in this,” Woj said.
  • The Hornets had been scouring the market for a frontcourt upgrade, but may “retreat” a little following LaMelo Ball‘s wrist injury, per Wojnarowski.