Cavaliers Rumors

Scotto’s Latest: Cavs, Bulls, J. Smith, D. Jordan, Dudley, More

There were some “intense” talks in the Lauri Markkanen sign-and-trade negotiations between the Cavaliers and Bulls for several days leading up to their agreement last week, Michael Scotto of HoopsHype said in his latest podcast with Yossi Gozlan.

According to Scotto, Cleveland originally wanted to include three second-round picks in their offer for Markkanen, but Chicago insisted on receiving a first-rounder, and the Cavs were able to get one from Portland for Larry Nance Jr. and reroute it to the Bulls.

Even after securing that first-round pick, the Bulls held out for a second-rounder on top of that, according to Scotto, who says some of the parties involved in those negotiations were frustrated by what they perceived to be a moving of the goal posts. Eventually though, the Cavs sent a protected second-round selection to Chicago to get the deal done.

Here’s more from Scotto:

  • Second-year big man Jalen Smith has been made available by the Suns, multiple sources tell Scotto. Jake Fischer of Bleacher Report stated last month that Phoenix was gauging interest in Smith, and I speculated earlier this week that the former lottery pick could be in play if the Suns make a trade offer for Spurs forward Thaddeus Young.
  • Scotto reports that the Nets have offered a first-round pick swap in trade talks involving center DeAndre Jordan, but haven’t found any takers. The two sides are reportedly exploring a buyout.
  • Jared Dudley told Scotto that he planned to retire if the Lakers didn’t re-sign him, since he didn’t want to play anywhere else. When L.A. chose to move on, Dudley accepted an assistant coaching job with the Mavericks.
  • The Bulls are among the teams that have shown some interest in free agent wing James Ennis, according to Scotto.
  • When he re-signed with the Knicks, Nerlens Noel wasn’t assured the starting center job, but he’ll get a chance to compete for that role and will “definitely” play meaningful minutes, says Scotto.

Checking In On Remaining Restricted Free Agents

When Lauri Markkanen finally came off the board over the weekend, it left just two standard restricted free agents who are still unsigned, as our FA list shows. Both of those players are Timberwolves free agents: Jordan McLaughlin and Jarred Vanderbilt.

Restricted free agents never have a ton of leverage, especially this deep into the offseason. Some players who remain on the market for weeks, like Markkanen, can still land player-friendly deals, but if McLaughlin or Vanderbilt have been drawing interest around the NBA as coveted sign-and-trade candidates or potential offer sheet recipients, we probably would’ve heard about it by now.

McLaughlin looked like he might be in position to secure a favorable commitment from the Timberwolves after the team traded Ricky Rubio to Cleveland, but Minnesota’s recent move to acquire Patrick Beverley adds depth to the point guard spot and clouds McLaughlin’s future.

A year ago, McLaughlin ultimately decided to accept his qualifying offer and play on a two-way contract for a second consecutive season. This time around, his QO is the equivalent of a one-year, minimum-salary deal, but only a very small portion of that offer (about $84K) has to be guaranteed, so accepting it isn’t a great option.

The Wolves are likely willing to offer a more significant guarantee in 2021/22, but probably want to tack on at least one or two non-guaranteed, minimum-salary years to any deal for McLaughlin. With two-way player McKinley Wright in the picture as a potential third point guard, Minnesota has the roster flexibility to play hardball in its negotiations with McLaughlin.

Vanderbilt may be in a slightly better negotiating position, since he’s likely a higher priority for the Wolves. He started 30 games last season, earning a regular rotation role and showing the ability to handle minutes at power forward, the team’s most glaring weak spot.

Minnesota has a few options at the four, but Taurean Prince and Jake Layman won’t move the needle much, and Jaden McDaniels remains pretty raw. Vanderbilt would be a useful depth piece at the right price, which – in the Wolves’ view – is probably something not far above the veteran’s minimum.

As we wait to see what happens with McLaughlin and Vanderbilt, it’s also worth noting that there are technically four other restricted free agents still on the market. The following four players were made RFAs after finishing the season on two-way contracts:

For these four players, accepting a qualifying offer would mean getting another two-way contract with a $50K partial guarantee.

Signing that qualifying offer would provide no security, even though the Spurs, Clippers, Rockets, and Cavaliers do all have two-way slots open right now. Given the modest guarantee, a team likely wouldn’t hesitate to replace one of its two-way players in October with a camp invitee who has an impressive preseason. And as McLaughlin’s situation shows, even playing out a second year on a two-way QO wouldn’t necessarily give a player additional leverage in his next foray into restricted free agency.

Cavs Receive 'D' Grade From Pelton For Offseason Moves

  • In a pair of Insider-only stories for ESPN.com, Kevin Pelton handed out offseason grades for all the teams in both the Eastern Conference and Western Conference. The Hawks and Wizards were the two teams to earn an A, while the Cavaliers and Pelicans were the only two to receive a D.

Central Notes: Bulls, Markkanen, Rubio, Martin

The Bulls and their recently-departed backup power forward Lauri Markkanen should both be better off following the restricted free agent’s sign-and-trade agreement with the Cavaliers, contends Sam Smith of Bulls.com.

Given that retaining Markkanen in Chicago would almost certainly stir locker room drama this season, Smith notes that both sides seem poised to benefit from this fresh start. The Bulls were able to add back two new future draft picks and some salary cap flexibility with Derrick Jones Jr.s expiring contract.

Markkanen, meanwhile, will get to once again put up good numbers on a new lottery-bound Cavaliers team that should inflate his depreciated value around the league. Smith still sees potential All-Star upside in Markkanen, the seventh overall selection by the Bulls out of Arizona in the 2017 draft. Perhaps the seven-footer can reach his ceiling in Cleveland.

There’s more out of the Central Division:

  • There are some fascinating wrinkles to ponder now that Markkanen has joined the Cavaliers, writes Kelsey Russo of The Athletic. Russo takes a deep dive into the Markkanen deal and how it could impact Cleveland’s frontcourt rotations. The 24-year-old sharpshooting big man will help spread the floor, and could do well alongside ball-handlers Darius Garland and Collin Sexton. Evan Mobley, the third pick in the 2021 draft out of USC, should compete with Markkanen for starting power forward honors. Mobley will likely see more time at center now, too, behind newly-minted $100MM man Jarrett Allen. Injury-prone former All-Star power forward Kevin Love will most likely fall behind both Markkanen and Mobley in the rotation now.
  • Oft-traded new Cavaliers reserve point guard Ricky Rubio admitted that being dealt so frequently has proven frustrating, as he told Didac Piferrer of Marca (hat tip to Johnny Askounis of EuroHoops). “I am indeed a bit tired (of the trades), but I have been in the NBA for ten years now and I know how it works,” Rubio said. “At the end of the day, everyone tries to be ready to adapt to a new environment. You must be mentally prepared for his. But everything takes time.” Rubio was dealt from the Suns to the Thunder, then to the Timberwolves, during the 2020 offseason. He was subsequently sent to Cleveland during the 2021 offseason. Rubio, who is on the last season of a three-year, $51MM deal he inked with Phoenix in 2019, has also played for the Jazz during his ten-year NBA career.
  • The Cavaliers renounced their free agent exception rights to two-way point guard Jeremiah Martin when completing the Markkanen sign-and-trade, per RealGM. After Cleveland promoted power forward Lamar Stevens from a two-way deal to its 15-man roster in April 2021, the club added Martin on a two-way contract. He suited up for nine contests with the team for the 2020/21 season.

Charania’s Latest: Simmons, Markkanen, Blazers, Brooks

Although the Sixers have told teams they’re comfortable bringing back Ben Simmons for the 2021/22 season, rival executives are skeptical, according to Shams Charania of The Athletic, who says those execs think it’s just a matter of time before Simmons is moved. All signs continue to point to Simmons’ career in Philadelphia coming to an end, Charania writes.

Still, while the Sixers have held “expansive” discussions with multiple teams, they haven’t gotten close to completing a deal yet. The Timberwolves and Raptors are two teams in the mix for the three-time All-Star, per Charania. However, sources tell The Athletic that the Wolves’ assets may not appeal to Philadelphia and they might need to find a third team to get something done, while Toronto’s proposals haven’t piqued the 76ers’ interest yet.

As has been reported previously, the Sixers’ dilemma is complicated by the fact that they’d love to use Simmons as the centerpiece in a Damian Lillard offer, but the Trail Blazers‘ point guard appears set to open the season in Portland as he continues to evaluate the team’s present and future, writes Charania.

Here are a few more highlights from Charania’s latest article for The Athletic:

  • Although the Bulls never seemed focused on signing Lauri Markkanen to a long-term deal, the high asking price they set in sign-and-trade negotiations sent a message to executives around the league that they valued him and weren’t willing to lose him for nothing, writes Charania. According to Charania, the second-round pick the Bulls received from the Cavaliers in the Markkanen trade had been a sticking point in negotiations.
  • Markkanen “fully expected” to be signed-and-traded to the Spurs in the Bulls‘ acquisition of DeMar DeRozan, but Chicago is believed to have pulled him from that package, sources tell Charania.
  • Before getting involved in the Markkanen deal to acquire Larry Nance from Cleveland, the Trail Blazers had interest in Grizzlies wing Dillon Brooks, sources tell Charania. One report suggested that Memphis was willing to listen on inquiries about Brooks.

Lauri Markkanen Happy To Get “Fresh Start” In Cleveland

Lauri Markkanen had been hoping free agency would bring a new opportunity and now he has it in Cleveland, writes K.C. Johnson of NBC Sports Chicago. Markkanen got the contract he was looking for — $67MM over four seasons — from the Cavaliers, who officially completed a three-team trade earlier today.

“I don’t think I’ve hit close to my ceiling yet,” Markkanen said after the deal was announced. “… The last couple years have been mentally pretty tough. I’ve grown as a person because of that, so I wouldn’t change it. I’ve learned a lot. But I just felt like I need to get back to the old me and how I know I can play the game. I think this is a good opportunity for me to do that.

“I’m happy. I’m really excited and looking forward. We kind of felt like I needed a fresh start. And I appreciate all the people who were involved to help facilitate it and make it happen.”

Markkanen once appeared to part of the foundation for a rebuilding Bulls team. He was included in the return when Chicago traded Jimmy Butler to Minnesota, and he earned first-team All-Rookie honors in 2018 after averaging 15.2 points and 7.5 rebounds per game. However, his next three seasons were filled with injuries that limited him to 52, 50 and 51 games.

Markkanen, who turned down an extension offer before the season began, ended his stay in Chicago coming off the bench regularly for the first time in his career. After the Bulls acquired centers Nikola Vučević and Daniel Theis at the trade deadline, coach Billy Donovan opted for a bigger, more rugged starting lineup.

“I think obviously I’m most disappointed we didn’t make the postseason one time when I was there. We tried our best obviously. That’s what we’re paid to do. It didn’t work out,” Markkanen said. “I think I had good moments as a player, and I had some inconsistencies. But I’m looking ahead.”

Markkanen is entering another rebuilding situation with the Cavaliers, who went 22-50 last season and landed the third overall pick in the draft. At age 24, he will be one of the more experienced players in an organization filled with young talent. Markkanen will likely move back into a starting role in Cleveland, and he believes he’s joining the franchise at a good time.

“I think I fit in well — young core, exciting point guards. I’m looking forward to playing with those big guys in the frontcourt. They’re all young, talented guys. I think we can grow together,” Markkanen said. “And I can’t wait to learn from a player like Kevin Love. Just learn aspects of the game from him and the mentality of the game, how he approaches it. I’m looking forward to that as well.”

Trail Blazers Notes: Markkanen, Nance, McCollum

The Trail Blazers were hoping to acquire Lauri Markkanen directly from the Bulls, but weren’t willing to part with the draft picks that Chicago wanted, sources tell K.C. Johnson of NBC Sports Chicago. Instead, they became a third team involved with the trade that sent the restricted free agent to Cleveland.

Portland offered Derrick Jones Jr. and a lottery-protected first-rounder, which it gave up in the three-team version of the trade, but balked when the Bulls asked for an extra second-round pick. Johnson explains that Chicago is trying to restock its draft capital after giving up three first-rounders in recent deals involving Nikola Vucevic and DeMar DeRozan. The Bulls may also lose picks if they are found guilty of tampering in an investigation regarding Lonzo Ball.

There’s more from Portland:

  • Larry Nance Jr. shared his thoughts about leaving the Cavaliers in a first-person piece on Cleveland.com. Nance says he asked Cleveland general manager Koby Altman to send him to a contender if he could work out a deal that would benefit the team as well. “Going to Portland is something that I am extremely excited about,” Nance wrote. “This is a team that has seen the biggest stages and is hungry for more, and I’m thrilled that they believe I can help them climb higher. This opportunity is one that I’m very ready to take advantage of and I have the Cavs to thank for preparing me for it.”
  • Adding Nance makes the Trail Blazers the winner of the three-team deal, contends Nekias Duncan of Basketball News. Duncan calls Nance “destructive” as a help-side defender and says he will help the offense as a screener and cutter.
  • In an appearance on J.J. Redick‘s “Old Man and the Three” podcast, CJ McCollum says he feels like he let down backcourt partner Damian Lillard in Game 5 of the playoff series with the Nuggets (hat tip to Marlow Ferguson Jr. of Blazer’s Edge). Lillard had 55 points and 10 assists, but Portland still lost in double overtime. “I have a full summer understanding what we went through, understanding how I performed at the beginning of the season, middle and the end, and I know how I need to perform for us to have success,” McCollum said. “Obviously, I want to win a championship. I have dreams, goals, aspirations, that’s the priority. But for any of that to happen, I need to be the best version of myself, and I have to be a version of myself that most of the world hasn’t seen. You talk about that irrational confidence again, and it’s still here.”

Cavaliers Acquire Lauri Markkanen In Three-Team Sign-And-Trade

AUGUST 28: The trade is official, the Cavaliers announced in a press release.

“We are extremely fortunate as an organization to be in a position to acquire another young and talented player with the skill-set of Lauri Markkanen,” said Cleveland general manager Koby Altman. “He has the proven ability to play multiple positions and stretch the floor from the perimeter and, at 24-years-old, we believe his best basketball is in front of him. We are committed to establishing a winning culture in Cleveland that can be sustained over time and Lauri helps elevate that description.”


AUGUST 27: The Cavaliers will acquire Lauri Markkanen from the Bulls in a sign-and-trade deal that also includes the Trail Blazers, tweets ESPN’s Adrian Wojnarowski.

Portland will receive Larry Nance Jr. in the deal, according to Wojnarowski, and will send Derrick Jones Jr. and a 2022 protected first-round pick to Chicago. The Bulls will also get a Nuggets 2023 second-rounder from Cleveland.

The trade ends a long wait for Markkanen, who had been looking for a new team since free agency began on August 2. He will receive a four-year, $67MM contract from the Cavs, Wojnarowski reports (Twitter link), and the Bulls get the first-round pick they were seeking in return for the 24-year-old restricted free agent. That pick from Portland will be lottery protected through 2028, Woj adds (via Twitter), and will become a second-round selection if it’s not conveyed before then.

Markkanen’s four-year contract is valued at $18MM in the final season, but only carries a $6MM guarantee, sources tell Chris Fedor of Cleveland.com (Twitter link).

The deal leaves the Cavs $4.7MM under the luxury tax with 14 players under contract, tweets Bobby Marks of ESPN. The Blazers are $1.3MM above the tax threshold with 13 players signed and will likely be $3MM over once they add a league-mandated 14th player. The Bulls are $6.4MM under the tax and $11.8MM below the hard cap with 13 guaranteed contracts, Marks adds (Twitter link).

Markkanen’s outgoing salary only counts as $7.79MM, rather than the full amount, due to base year compensation rules, Marks notes (via Twitter). Chicago had hoped to get a player in the $9-10MM range, which it did by acquiring Jones. Markkenen’s incoming salary from the Cavs’ perspective will be the full amount of $15.58MM.

Markkanen fell out of Chicago’s starting lineup last season for the first time in his four years in the NBA and played a career-low 25.8 minutes per night. His averages of 13.6 points, 5.3 rebounds and 0.9 assists per game were all the worst of his career.

He had been hoping for a “fresh start” and will get it in Cleveland, where he will likely be the new starting power forward. The trade allows the Cavs to solidify a position of need and gives rookie big man Evan Mobley more time to develop.

Nance, 28, is under contract for two more year at $10.69MM and $9.67MM. He averaged 9.3 points and 6.7 rebounds per game last season and will bring a defensive presence to Portland’s front line. New coach Chauncey Billups has spoken repeatedly about the need to upgrade the team’s defense.

Jones, 24, has an expiring $9.72MM contract for the upcoming season. He averaged 6.8 points and 3.5 rebounds in 58 games last season and adds another versatile forward to Chicago’s rotation.

Kevin Love Uninterested In Buyout

Kevin Love is uninterested in a buyout with the Cavaliers at this point, reports ESPN’s Adrian Wojnarowski.

There have been no talks with Cleveland on a buyout, nor is there any interest from Kevin in doing a buyout,” Love’s agent Jeff Schwartz told Wojnarowski.

Wojnarowski writes that Love remains open to a trade, and that the Cavs have explored the market for him periodically, but have yet to find a deal to their liking.

Chris Fedor of Cleveland.com tweets that any buyout discussions will have to be initiated by Love, who would have to give up a significant portion of his remaining salary, which is currently $60.2MM over the next two seasons.

Love has only played in 103 games over the last three seasons, though he’s still been productive on the offensive end in that time, averaging 16.2 PPG, 9.4 RPG and 2.8 APG while shooting nearly 37% from three. The Cavaliers, meanwhile, will be paying Jarrett Allen and Lauri Markkanen (deal still pending) a combined $35MM+ this season, while also trying to develop number three overall pick Evan Mobley, which will likely leave Love on the outside of the rotation.

Love is thought to have interest from teams, including contenders, should he reach free agency, but it’s unlikely the Cavs will be able to trade him outright without sacrificing assets to do so.

Dellavedova Seeks Eventual Return To NBA

When Matthew Dellavedova signed with an Australian team this summer, it was fair to assume he had played his last NBA game.

That’s not necessarily the case. Dellavedova hopes to revive his career in his native country, then return to the NBA, according to Kane Pitman of ESPN. Dellavedova, who played for the Cavaliers last season, signed with Melbourne United in early July.

“My goal is to get back to the NBA. I feel like I’ve got a lot more left in the tank, a lot of things to improve on,” Dellavedova said. “There were some talks with NBA teams, nothing concrete at this stage. Overseas there were pretty significant offers, but I’ve always wanted to come and play here.”

Dellavedova, who turns 31 next month, had a rough NBA 2020/21 campaign.  He appeared in just 13 games due to a variety of ailments, including a concussion, whiplash, an emergency appendectomy, and a neck strain. He then entered the summer as an unrestricted free agent.

Better health has Dellavedova feeling optimistic about his future.

“The body is feeling great. That’s the main thing, I feel like I just need to put a good chunk of time together training but also games,” he said. “Playing a lot of minutes and having the ball in my hands, making decisions and things like that. I’m going to have a great opportunity to do that with United.”

In 447 career NBA games, Dellavedova averaged 5.5 PPG and 3.7 APG. Melbourne United is the NBL’s reigning champion.

He played for the Australian national team in the Olympics but had a limited role.