JULY 7, 3:53pm: The Cavs and the Bucks have agreed to a sign-and-trade deal that sends Dellavedova to Milwaukee in exchange for cash and the rights to Albert Miralles, Chris Haynes of The Northeast Ohio Media Group reports. Cleveland will also create a trade exception worth $4.8MM as a result of the swap, Haynes adds. The Cavs have announced the deal is official via press release.
JULY 4, 1:13pm: The Cavaliers won’t match the Bucks’ offer sheet for Dellavedova, league sources tell Chris Haynes of Cleveland.com.
JULY 1, 3:40pm: LeBron James has tweeted congratulations to Dellavedova, wishing him good luck in Milwaukee, which makes it sounds as if the Cavs won’t match Milwaukee’s offer sheet.
3:04pm: An agreement between the Bucks and Dellavedova is now in place, tweets Jeff Goodman of ESPN.com. Meanwhile, Brian Windhorst of ESPN (Twitter link) says Milwaukee and Cleveland have had some sign-and-trade discussions, but there’s no traction there at this point. The Bucks aren’t expecting the Cavs to match an offer sheet.
2:59pm: The Bucks are nearing an agreement with Matthew Dellavedova on a four-year, $38MM deal, reports ESPN’s Zach Lowe (via Twitter). David Aldridge of NBA.com confirms (via Twitter) that the two sides are close to a deal, pegging the exact value at $38.4MM.
Dellavedova is currently a restricted free agent, having received a qualifying offer from the Cavaliers. Assuming the Cavs don’t take that qualifying offer off the table, Milwaukee would have to sign the guard to an offer sheet, and hope Cleveland doesn’t match. If the Cavs were to rescind the QO, the Bucks could sign Dellavedova outright as an unrestricted free agent.
The Kings, Hawks, and Mavericks were among the other teams that reached out to Dellavedova’s camp to express interest after free agency got underway last night. According to Jason Jones of The Sacramento Bee (Twitter link), Sacramento viewed Dellavedova as a sign-and-trade possibility, so perhaps the Bucks and Cavs will discuss that option as well. If it’s an offer sheet, Cleveland will have three days to match once it’s formally signed.
Dellavedova, 25, was a part-time player for the Cavs during the last three seasons, averaging 7.5 PPG and 4.4 APG while shooting 41.0% from three-point range in 2015/16. He also played some key minutes in the postseason for Cleveland the last two years, though his minutes were reduced in this year’s playoffs.
Photo courtesy of USA Today Sports Images.
Come on, Cavs, match that offer. With the luxury tax hit, you gotta chance at the big prize. Bring home the Overpay for the long suffering city of Cleveland.
I think the recent ‘Ship will sober any fan upset about losing Delly.
This would be an awful signing.
actually, I kind of like it for Milwaukee. Its just crazy to think of him getting that much money, but thats what his value would be in this new cap, especially with what we’ve seen some other similar guys get.
Cavs better hope Shumpert bounces back
Ik right , he has played so crappy for a lot of money in his contract .. Alright one question .. So for the sign and trade (cavs and bucks) could they trade MCW for Delly ?
Bucks have less than zero incentive to do that
As @formerlyz said, there’s no reason for the Bucks to do that. Sign-and-trades with RFAs are usually done to convince the original team from matching the offer while giving them something in return for not doing so. With their high cap number, there is a small chance that the Cavs match it. And while Shumpert was overpaid this year, his contract might fall right in line at market rate given the increase in cap. Solomon Hill just got a $12 million average and has less of a track record.
Ya, as you said, I was more referring to Shumpert needing to bounce back b/c I doubt they match on Dellavedova now
That’s exactly the kind of signing I expected for him.
Love it! Tele and deli great pieces for us to take another step
After the shock of all these big contracts for “rotation” guys has worn off, I kind of like those signings as well. Teletovic and dellavadova bring what the bucks sorely need. Shooting! And at least with Della, a little toughness and dive on the floor attitude.
Lebron just tweeted good luck to dele in Milwaukee haha. Guess they aren’t matching
Also Lebron hasn’t resigned yet. Maybe they use the money to sign Wade. Could of in Bogut Trade include Barnes to do a Sign and Trade. They now need a backup PG.
Can Cleveland do themselves a favor and name Lebron GM already everyone knows he is
LeBron is already a title winning GM, take that Jordan.
How is it that the trade exception doesn’t match Delly’s first year salary? It should be closer to $9MM than $4.8MM….
My guess is the difference between the cash and the slot value of the player the Cavs now hold the rights for?
Why did the Bucks need a sign and trade…doesn’t look like it benefits them at all…why not just sign him?
he was restricted so cavs could have matched it so theireticly the cavs said do sign and trade and we wont match