Cleveland Cavaliers Rumors | Hoops Rumors

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

August 28th, 2021 at 5:17pm CST by Arthur Hill

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

August 28th, 2021 at 12:45pm CST by Eli Cohen

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

August 28th, 2021 at 11:59am CST by Dana Gauruder

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.

Nance Jr. Happy He's Headed To Blazers

August 28th, 2021 at 9:30am CST by Dana Gauruder

In the same story, Fedor writes that the Cavs tried hard to trade for a wing shooter, dangling Nance, their 2022 first-round pick and, in some instances, a package of second-rounders. The Cavs couldn’t find the right deal and eventually turned their attention to a stretch four in Markkanen, who they hope can provide an offensive jolt.

The Cavaliers are denying they’re engaged in buyout talks with Kevin Love, according to Terry Pluto of the Cleveland Plain Dealer. A source told Pluto that progress was being made toward a buyout, which makes sense for both parties, the writer notes.

Northwest Notes: Green, Timberwolves, Lore, Snyder

August 27th, 2021 at 8:54pm CST by Dana Gauruder

JaMychal Green drew interest from a number of teams during free agency, Mike Singer of The Denver Post reports. Green caught the attention of the Timberwolves, Pelicans, Sixers, Spurs and Bucks. Minnesota even considered a possible sign-and-trade for the veteran forward, who opted to re-sign with the Nuggets on a two-year, $17MM deal.

We have more from the Northwest Division:

The Timberwolves had some level of interest in all of the forwards involved in the unofficial three-team trade among the Bulls, Cavaliers and Trail Blazers, Darren Wolfson of KSTP tweets. They had early interest this summer in restricted free agent Lauri Markkanen, who’s headed to Cleveland in the sign-and-trade, but Chicago didn’t seriously engage them in trade discussions, Wolfson adds. Minnesota had strong interest last year in Larry Nance Jr., who’s going to Portland, and Derrick Jones Jr., who’s joining the Bulls.
Marc Lore, who along with former baseball star Alex Rodriguez has assumed 20% of the Timberwolves franchise with plans to eventually become the controlling owners, believes he can sell top free agents on coming to Minnesota, Chris Hine of the Minneapolis Star Tribune writes. “When players or people say, ‘Hey, it’s a small market, we’re never going to get any of the big free agents,’ — well, if they share a similar set of values maybe they will (come),” Lore said. “If you really stand for something, and they’re passionate about the same values, then they’re like, ‘No, I’ve seen it. I’ve heard about it. I want to be a part of that.'”
Jazz coach Quin Snyder isn’t likely to tinker too much with his lineups and rotations this coming season, Sarah Todd of The Deseret News speculates. Snyder isn’t the type of coach who does a lot of experimentation but he will play to the strengths of his personnel and there are some new faces, so that will require some flexibility, Todd adds.

Nets Have Interest In Hartenstein, Love

August 27th, 2021 at 7:11pm CST by Dana Gauruder

The Nets are interested in signing free agent center Isaiah Hartenstein and would also be interested in Kevin Love if the Cavaliers buy him out, according to Brian Lewis of the New York Post.

Hartenstein became an unrestricted free agent when he declined a minimum-salary player option and the Cavaliers subsequently didn’t submit a qualifying offer to him. He was traded last season by Denver to Cleveland, where he averaged 8.3 PPG, 6.0 RPG and 1.2 BPG in 17.9 MPG.

The Nets and Cavs were among the teams who watched Hartenstein work out in Las Vegas this month.

Love and the Cavs have reportedly made some progress toward a buyout, but are not close to finalizing an agreement.

In any instance, Brooklyn would need to open up a roster spot to fit in Hartenstein and/or Love. The most likely candidate to go is center DeAndre Jordan, who could be bought out, waived, or possibly traded if the Nets are willing to attach an asset. Forward Alize Johnson, who has a non-guaranteed deal, is another possibility. The date for a partial guarantee of $200K on Johnson’s contract has been pushed back from September 4 to October 19, when the regular season begins, according to Lewis.

Cavs, Kevin Love Making Progress In Buyout Talks?

August 27th, 2021 at 5:26pm CST by Dana Gauruder

With the Cavaliers making a bold move to acquire Bulls restricted free agent forward Lauri Markkanen via a sign-and-trade, Kevin Love‘s career in Cleveland may be coming to an end.

The Cavs are making progress toward a buyout agreement with Love, a source tells Terry Pluto of the Cleveland Plain Dealer.

Love has two years and $60MM remaining on the four-year, $120.4MM extension that kicked in during the 2019/20 campaign. However, the talks could still fall apart and it’s not close to a done deal, Pluto cautions, adding that other sources have denied the two sides have made any serious progress.

With the pending addition of Markkanen to join re-signed center Jarrett Allen and lottery pick Evan Mobley, Love wouldn’t appear to have a clear rotation spot on a rebuilding club intent on going younger.

Love’s career has been marred by injuries in recent years, including a right calf strain last season that limited him to 25 games.

Love received an invitation to join Team USA prior to the Olympics but he was reportedly out of shape and departed the squad before it headed to Tokyo.

If the talks succeed, Love would be free to hook on with a contender looking to fortify its frontcourt depth.

Southwest Notes: Anderson, Brooks, Forbes, Pelicans

August 26th, 2021 at 7:11pm CST by Dana Gauruder

The Grizzlies have not engaged in trade talks with the Cavaliers regarding Kyle Anderson and Dillon Brooks, Omari Sankofa II of the Detroit Free Press tweets. A report out of Cleveland suggested that the two forwards were available on the trade market for the right price. Memphis does have a major roster logjam at the moment with 18 players on guaranteed contracts, as noted in our latest roster count.

We have more from the Southwest Division:

Whether or not they’ve engaged in talks with the Cavs, the Grizzlies would be wise to explore the market on Brooks, according to Evan Sidery of Basketball News. Brooks’ value is at an all-time high after a playoff series in which he averaged 25.8 PPG, but he may not be the best No. 2 scoring option during Ja Morant‘s prime years. Brooks will be a free agent after the 2022/23 season and Memphis may not want to commit to him long-term.
Bryn Forbes strongly considered re-signing with the Bucks before signing up for a second stint with the Spurs, according to Jeff McDonald of the San Antonio Express News. Forbes declined a player option in order to become a free agent. He’s thrilled to return to the Spurs. “I still had good relationships with everyone here,” he said. “They know what I can do. … When I had the opportunity to come back, I was immediately excited.”
The New Orleans Times Picayune trio of Christian Clark, Scott Kushner and Rod Walker believe the Pelicans have improved enough to make the playoffs next season. They also discuss the Lonzo Ball sign-and-trade with the Bulls and the acquisition of Devonte’ Graham from the Hornets.

Sidney Lowe Officially Named Assistant Coach

August 26th, 2021 at 5:47pm CST by Dana Gauruder

The Cavaliers improved their talent pool this offseason in the estimation of Zach Harper of The Athletic. The addition of lottery pick Evan Mobley gives them a potential star at both ends of the floor, and the acquisition of Ricky Rubio provides much needed veteran leadership in the backcourt. However, they’re still a little thin depth-wise at the wing and forward spots, Harper notes.
The Cavaliers have officially added Sidney Lowe to J.B. Bickerstaff’s coaching staff, according to a team press release. The news that Lowe was leaving the Pistons’ staff to join their Central Division rival surfaced two weeks ago. “Sidney brings a wealth of coaching experience and familiarity to our staff,” Bickerstaff said. “He is a great teacher of the game and his ability to build lasting relationships across the board is integral to the growth of our overall culture here in Cleveland.”

Chandler Vaudrin To Undergo Surgery On Torn ACL

August 23rd, 2021 at 11:01am CST by Luke Adams

Undrafted Winthrop guard Chandler Vaudrin, who played for the Cavaliers‘ Summer League team, has been diagnosed with a torn ACL and will soon undergo surgery to repair the injury, according to Chris Fedor of Cleveland.com (Twitter links). The injury occurred in his third Summer League game.

Vaudrin had reportedly agreed to sign an Exhibit 10 contract with the Cavs, meaning he likely would’ve attended training camp with the team and competed to earn a two-way contract. Instead, it appears his rookie season will be postponed by a year as he recovers from a major knee injury.

Vaudrin – who grew up in Uniontown, Ohio – filled up the stat sheet with 12.0 PPG, 7.3 RPG, and 6.9 APG in 25 games (31.6 MPG) as a senior at Winthrop in 2020/21. He spent his last two college seasons at Winthrop after playing for the Division II Walsh Cavaliers from 2016-18.

We’ll see if Cleveland still ends up signing Vaudrin to an Exhibit 10 deal — if the Cavs like him enough, they could sign him, waive him, then have him report to the Cleveland Charge as an affiliate player. That would allow Vaudrin to rehab his injury with the Cavs’ G League team while receiving a $50K bonus as a result of the Exhibit 10 agreement.

However, it’s also entirely possible that the deal simply doesn’t get finalized due to the injury. In that scenario, the Cavs could circle back to Vaudrin a year from now.