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.
This one made the most sense of any of their signings in my opinion, but man they’re spending a lot. Get that checkbook out Dan Gilbert lol
Lebrick 23mil..Love 22mil..Thompson 16mil..Kyrie 16mil..Varejao 10mil..Shumpert 10mil..Haywood mil..Mozgov 5mil..Miller 3mil….Yet they still won’t will a Championship….Dan you are an Idiot…
Kind of funny that you call Lebron “Lebrick” while your named after a guy who shoots worse than Lebron.
Why acknowledge it? Anyone that so obviously hates on LeBron is ridiculous.
This.. shocks me. How much will the Cavs pay in tax the next few years? 100 mill a season?!
I want to see Dan Gilbert spend as much as possible. Every cent he pays is funny to me. He is also responsible for a lot of this current CBA, so whatever penalties he has to pay are his own crying, hypocritical fault
As long as Dan Gilbert is cool with paying the lux taxx in the next 2 years then I’m cool with this.
Having LBJ, Love, Irving, Thompson and Shump locked up for the next 4 years while we usher into the age of the expanded salary cap is a good thing. We can still fill the SG spot and the bench with the mle, vet min and Haywood contract.
As long as Dan Gilbert is cool with paying the lux tax in the next 2 years then I’m cool with this.
Having LBJ, Love, Irving, Thompson and Shump locked up for the next 4 years while we usher into the age of the expanded salary cap is a good thing. We can still fill the SG spot and the bench with the mle, vet min and Haywood contract.