Cavaliers Rumors

J.R. Smith Agrees To Move Guarantee Date

The Cavaliers will have a little more time to unload J.R. Smith‘s contract, tweets Joe Vardon of The Athletic. The veteran guard has agreed to move his guarantee date for next season from June 30 to July 15, with an option to push it all the way to August 1, according to ESPN’s Brian Windhorst (Twitter link). As part of the agreement, Smith’s guaranteed money will rise from $3.9MM to $4.4MM.

Smith is due to make $15.68MM in the final year of his deal, but the smaller guarantee should make him attractive for a team looking to reduce salary. The Cavaliers have no interest in keeping Smith after he played just 11 games last season before being sent away from the team. Cleveland reportedly received offers on draft night, but nothing good enough to get a deal done.

Smith’s trade value can be counted at the full $15.68MM because he signed his contract before that rule was changed in the latest collective bargaining agreement. The Cavaliers will now have extra time to search for a deal as teams get a better read on their cap situations once the free agent frenzy dies down.

[RELATED: Why J.R. Smith May (Or May Not) Be A Valuable Offseason Trade Chip]

Smith, who will turn 34 in September, was a valuable player for Cleveland during the most recent LeBron James era, both as a clutch shooter and a defender. During Smith’s last full season in 2017/18, he averaged 8.3 points per game and was a .375 shooter from 3-point range.

Cavaliers Notes: Love, Smith, Nwaba

There’s a belief within the league that the Cavaliers will receive trade inquiries for Kevin Love this offseason, as Joe Vardon of The Athletic writes.

“Yes, one of the big-market teams that fail to land a big fish are going to make an offer for Kevin,” an executive told Vardon. Another source said that if Love was a free agent this summer and coming off of an injury-free year, he would be in line for a massive deal.

“He would get four years and $120MM in this marketplace,” the other executive said. “I mean, Al Horford might get a similar deal.”

Love will make slightly under $29MM during the 2019/20 season and has approximately $91MM on his deal in the ensuing three years. The opinion that Love’s contract allows him to be a positive asset isn’t unanimous throughout the league.

“His contract is hard to digest unless he’s clearly the missing piece,” a separate league executive told Vardon.

Love has been the subject of trade rumors ever since the Cavaliers acquired him during the 2014 offseason. He signed an extension with the club last offseason and the team has resisted trade overtures. GM Koby Altman won’t deal Love unless the return makes the Cavs a better squad, and Vardon writes that it’s unlikely that the kind of deal that Altman is looking for will surface.

Here’s more from Cleveland:

  • Trading J.R. Smith appears unlikely at this point, Vardon adds in the same piece. The team will need to waive him by June 30 to avoid paying his full contract. Only $3.9MM of his deal is guaranteed for next season.
  • Vardon (same piece) hears that the Cavs are likely to do David Nwaba “a favor” by not tendering him a qualifying offer, thus allowing him to hit the market as an unrestricted free agent.
  • Free agency in Cleveland should be quiet with the franchise currently over the salary cap, Vardon explains. It’s unlikely the team uses a “significant” portion of its mid-level exception or the trade exception the franchise netted when it dealt away Rodney Hood this past season.
  • While cutting Smith loose will get the Cavaliers below the luxury tax threshold, it’s unlikely the team will consider going back over that line to fill their last couple open roster spots. Vardon expects Cleveland to fill those spots with minimum salary players.

Jordan Clarkson Hires Rich Paul For Representation

Cavs Acquire No. 30, Draft Kevin Porter Jr.

JUNE 26, 8:39pm: The deal is official, per an announcement from the Cavaliers.

JUNE 20, 10:58pm: The Pistons are acquiring 2020, 2021, 2023, and 2024 second-round picks in this swap, tweets Vince Ellis of The Detroit Free Press. The picks are from Utah (2020), Portland (2021 and 2023), and Miami (2024; top-55 protected), according to Chris Fedor of Cleveland.com, who tweets that Cleveland also surrendered $5MM in cash.

JUNE 20, 9:48pm: After agreeing to acquire the No. 30 pick from the Bucks along with Tony Snell, the Pistons are flipping that pick to the Cavaliers, reports ESPN’s Adrian Wojnarowski (via Twitter). According to Wojnarowski, Cleveland will use the newly-acquired first-rounder to draft USC guard Kevin Porter Jr.

Shams Charania of The Athletic reports (via Twitter) that the Cavaliers are sending four future second-round picks to the Pistons in the deal, along with some cash. Detroit had traded away all of its second-rounders between 2020-23 in previous deals, so this move will help restock the club’s draft assets.

Porter had an up-and-down season at USC in 2018/19, averaging just 9.5 PPG and 4.0 RPG in 21 games. He also face questions about his maturity, which likely contributed to him slipping to the end of the first round. However, NBA evaluators believe he has the physical tools to become a talented shot creator and defender, per ESPN’s Jonathan Givony.

The Cavaliers have now added Darius Garland, Dylan Windler, and Porter in the first round of tonight’s draft. They don’t have any second-rounders, so their evening will be over unless they make more trades.

Cavs Turned Down J.R. Smith Offers On Draft Night

The Cavaliers entered draft day last Thursday hoping to trade J.R. Smith to pick up an extra asset or two, but ended up declining offers that would have landed the team a first-round pick, league sources tell Chris Fedor of Cleveland.com.

According to Fedor, the Cavaliers are still attempting to make a deal involving Smith, whose partially guaranteed contract is the last of its kind signed under the league’s previous Collective Bargaining Agreement. As I outlined back in March, that makes Smith an intriguing trade target for teams looking to create cap room.

Smith’s $15.68MM salary for 2019/20 will become fully guaranteed after June 30, so he’ll almost certainly be waived in the coming days, either by the Cavs or a new team.

In my previous examination of the Smith contract, I noted that the Cavs’ proximity to the luxury tax may ultimately prohibit the team from finding a deal that makes sense. Fedor confirms that the tax is the primary concern for Cleveland, reporting that the club would like to stay below that line in 2019/20 and avoid getting hit with repeater taxpayer penalties.

Trading Smith for an unwanted contract would make it difficult for the Cavs to avoid the tax without waiving-and-stretching one or two of their expiring deals, which would compromise their future cap flexibility. On top of that, many players available on the trade market for Smith have contracts that extend beyond 2019/20, creating additional complications for Cleveland.

Fedor points to the Bucks’ Tony Snell salary dump as one deal the Cavs probably could’ve gotten in on using Smith. However, acquiring Snell would’ve increased the cost of Cleveland’s 2019/20 roster to $139MM+ and added an extra $12MM+ to the club’s 2020/21 cap, all for the No. 30 overall pick. The tax line is projected to be around $132MM in ’19/20.

The Cavs later agreed to acquire the No. 30 pick another way, sending $5MM and a handful of second-round picks to Detroit for the rights to Kevin Porter Jr.

“There’s a pain threshold of doing it, going into the tax, which we would have to do in terms of taking back money and the rest of the NBA knowing that we’re in the tax and my job would be getting us out of the tax,” GM Koby Altman said after the draft, per Fedor.

“Is there enough value there to do that, to put ourselves out there like that?” Altman said. “I think that’s something we are weighing these last few days. There’s opportunity to do it. It’s just how deep do we want to go into the tax to bring back an asset? Also, what does it take us out of into the year? We’re still looking to add assets throughout the year, so using J.R. now might take us out of that.”

Chris Haynes of Yahoo Sports (video link) believes the Lakers will be a top suitor for Smith if and when he’s eventually released.

Cavaliers Notes: Garland, Love, Blossomgame, Mitrou-Long

Darius Garland won over Cavaliers management with an impressive shooting performance in a workout last week, relays Joe Vardon of The Athletic. The Cavs sent a sizable contingent to Los Angeles to watch Garland in his first pre-draft session. He didn’t disappoint, sinking shots from all over the court and reportedly going five or six minutes without missing.

“We saw him take 30-footers and flick them like it was nothing,” general manager Koby Altman said.

The Cavaliers had been hoping to draft De’Andre Hunter, but didn’t have the resources to trade up to No. 4. They also liked Jarrett Culver, but Garland changed their minds with his shooting display. Vardon reports that new coach John Beilein was seen cheering on the Vanderbilt guard as he hit one shot after another.

“It was like, ‘OK, how could this work out?’” Altman said. “We started to get fascinated with the idea.”

There’s more Cavaliers news to pass along:

  • Cleveland is talking to teams interested in Kevin Love, but hasn’t made any progress toward a trade, ESPN’s Brian Windhorst said during an appearance this week on WKNR in Cleveland (hat tip to Joseph Zucker of Bleacher Report). “It’s hard to find the right deal for him,” said Windhorst, who put the odds of a trade at 50-50. He noted it would be easy to find a taker for Love if the Cavs just wanted to unload the four years and $120MM left on his contract, but because he’s one of their few tradable assets they want to get something of value in return.
  • The Cavaliers won’t extend a qualifying offer to two-way player Jaron Blossomgame, tweets Cleveland-based basketball writer Chris Manning. The 25-year-old small forward signed with the Cavs in December and played 27 games at the NBA level, averaging 4.2 PPG. He posted an 18.5/7.5/2.2 line in 35 G League contests. He will be an unrestricted free agent.
  • Naz Mitrou-Long, who had a two-way contract with the Jazz this season, will join the Cavaliers for Summer League, a source tells Eric Woodyard of The Deseret News (Twitter link). The 25-year-old shooting guard got into 14 games for Utah, averaging 6 minutes per night.

And-Ones: Wiseman, Barrett, Dedmon, Barbosa, DeMarco

The latest 2020 mock draft has Memphis freshman center James Wiseman going to the Knicks with the No. 1 pick. ESPN’s Jonathan Givony has Georgia guard Anthony Edwards going to the Cavaliers at No. 2 and North Carolina guard Cole Anthony heading to the Suns at No. 3.

We have more from around the basketball world:

Unable To Trade Him, J.R. Smith Likely To Be Waived

  • The Cavaliers were unable to unload J.R. Smith on draft night and it’s likely he’ll be waived before his contract becomes fully guaranteed at the end of the month, Joe Vardon of The Athletic reports. Cleveland doesn’t want to go over the luxury-tax line. Acquiring a player on a multi-year contract whose salary pushed them over the line was a deal breaker. Only $3.87MM of Smith’s $15.68MM salary is guaranteed.

Draft-Night Rumors: Cavs, Suns, Wolves, Nets, Knicks

The Cavaliers remain active in trade discussions, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that Cleveland is exploring deals involving J.R. Smith‘s expiring contract in addition to possible trades of the No. 5 pick. Barring a trade, Cleveland remains focused on Darius Garland at No. 5, Woj adds (via Twitter).

Here a few more draft-night rumors worth rounding up:

  • According to John Gambadoro of Arizona Sports 98.7 (Twitter link), the Suns felt that the ability to land a starting power forward trumped the opportunity to draft a developmental point guard at No. 6, which is why they made their trade with the Timberwolves for Dario Saric. Phoenix plans on rolling with Tyler Johnson and a free agent signing at the point guard spot, Gambadoro adds.
  • The Timberwolves have engaged in multiple conversations about that No. 6 pick since agreeing to acquire it from the Suns, league sources tell Wojnarowski (Twitter link).
  • Two high-ranking sources have told Brian Lewis of The New York Post (Twitter link) that the Nets remain “very interested” in signing Kyrie Irving with or without Kevin Durant. Lewis had previously reported that Brooklyn was weighing whether to sign Irving if the team couldn’t get Durant too.
  • Things could change, but for now it looks like Frank Ntilikina may not be traded tonight by the Knicks, tweets Steve Popper of Newsday.

Latest On Cavs’ Pick At No. 5

With Zion Williamson, Ja Morant, R.J. Barrett, and De’Andre Hunter looking like strong bets to be the first four picks off the board in tonight’s draft, the Cavaliers are expected to select Vanderbilt point guard Darius Garland at No. 5, according to reports from Marc Stein of The New York Times and Chris Haynes of Yahoo Sports (Twitter links).

However, that pick is not yet set in stone. According to ESPN’s Adrian Wojnarowski and Brian Windhorst (Twitter links), the Cavs like Garland, but are still entertaining trade offers to move down from No. 5.

Chris Fedor of Cleveland.com reports (via Twitter) that the Cavaliers have received inquiries from the Timberwolves, Bulls, and Celtics about the No. 5 pick, but they’ve yet to get an offer they like.

Minnesota already moved up from No. 11 to No. 6. If the Wolves are set on a specific player, such as Garland, perhaps they’d be willing to give up another asset to move up one more spot.

Besides Garland, Texas Tech swingman Jarrett Culver could also be a target for teams considering a move into the top five. Jeff Goodman of Stadium (Twitter link) hears that the Cavs haven’t even ruled out the possibility of selecting Culver themselves.