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.
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