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Cavs Sign Larry Nance Jr. To Four-Year Extension

October 15th, 2018 at 9:08pm CST by Luke Adams

9:08pm: The signing is official, according to the NBA.com transactions log. The contract is four years and $44.8MM, Joe Vardon of The Athletic tweets. Vardon adds (via Twitter) that the deal will have declining annual salaries, so year one will be worth $12.7MM while the fourth-year salary will be just $9.6MM.

3:55pm: The Cavaliers and Larry Nance Jr. have agreed to a rookie scale contract extension, beating today’s 5:00pm CT deadline, reports Chris Haynes of Yahoo Sports (Twitter link). League sources tell Haynes that Nance’s new deal with Cleveland is worth $45MM over four years.

Nance, 25, was acquired by the Cavs at last season’s trade deadline as part of a deal with the Lakers that also sent Jordan Clarkson to Cleveland. The athletic young big man struggled a little to adjust to his new team, playing just 15.4 minutes per game in the postseason, but he provided the Cavs with the sort of energy and athleticism that their frontcourt had been lacking.

For the season, Nance established new career highs with 8.7 PPG, 6.8 RPG, and a .581 FG%, showing an ability to run the floor, finish at the rim, and guard multiple positions on defense. He appeared to have a noticeable impact on defense — the Cavs had a 102.7 defensive rating during his minutes, compared to a 110.9 mark for the rest of the season.

We heard all the way back in June that there was “mutual interest” between the Cavaliers and Nance in a long-term extension, so he always seemed like one of the likeliest candidates among the players eligible for rookie scale extensions to get a deal done. His connection to Cleveland – where his father played and earned multiple All-Star nods – was likely a factor in those extension talks too.

While an average annual value of $11MM+ may seem steep for Nance, it’s not far off from the rookie scale extensions we’ve seen comparable players sign in recent years. When I previewed Nance’s case for an extension in August, I estimated an annual salary in the $12-12.5MM range on a four-year deal.

Photo courtesy of USA Today Sports Images.

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Nance's Contract Has Descending Salaries

October 15th, 2018 at 9:01pm CST by Dana Gauruder
  • Larry Nance Jr.‘s rookie scale extension descends during the life of the contract, Adrian Wojnarowski of ESPN tweets. Nance signed a four-year, $44.8MM extension with the Cavaliers that kicks in next season. Joe Vardon of The Athletic was the first to report that Nance’s salary would steadily decline (Twitter link). His salary will go from $12.7MM next season to $11.7MM, $10.6MM and $9.6MM. That could help the Cavaliers open significant cap space in 2020, when it’s projected to rise to $116MM, Wojnarowski adds.
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Cavaliers Release Kobi Simmons, Three Others

October 13th, 2018 at 4:52pm CST by Luke Adams

4:52pm: The Cavaliers have also waived Taylor, according to a second press release from the team. That leaves the club with 14 players on standard contracts and a pair on two-way deals.

3:47pm: The Cavaliers have waived guard Kobi Simmons and forwards Bonzie Colson and Emanuel Terry, the team announced today in a press release. Cleveland’s roster now stands at 17 players, including 15 on standard contracts.

Simmons, 21, spent last season on a two-way contract with the Grizzlies, appearing in 32 games for the NBA squad. In 20.1 minutes per contest, the rookie point guard contributed 6.1 PPG, 2.1 APG, and 1.6 RPG. However, he was waived by Memphis this summer and joined the Cavs for camp.

Colson spent the 2017/18 season at Notre Dame before going undrafted this spring, with foot injuries hurting his stock as a prospect. Terry signed with the Nuggets earlier this offseason but was cut by Denver and inked a deal with the Cavs on Thursday. Both players are candidates to join the Canton Charge, Cleveland’s G League affiliate.

If no more roster moves are forthcoming for the Cavs, that’s good news for guard Isaiah Taylor, the team’s only other player on a non-guaranteed deal. Taylor recently suffered a stress fracture in his leg, which is expected to sideline him for about a month, so it wasn’t clear whether or not he’d make the team.

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Larry Nance Jr., Isaiah Taylor Suffer Injuries

October 13th, 2018 at 10:54am CST by marksuleymanov
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Kyrie Irving Says Cavs Trade Request Was "Best Thing" He's Done

October 11th, 2018 at 4:01pm CST by Luke Adams
  • Discussing his decision to ask the Cavaliers for a trade, Kyrie Irving called it the “best thing” he’s done. Howard Beck of Bleacher Report has that quote and much more in an in-depth feature on the Celtics‘ starting point guard.
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Cavaliers Sign Emanuel Terry

October 11th, 2018 at 1:39pm CST by Luke Adams

Three days after being waived by the Nuggets, rookie forward Emanuel Terry has signed a second NBA contract. The Cavaliers issued a press release today announcing a deal with Terry.

Terry, who went undrafted in the 2018 NBA draft, spent four years playing college ball at Division II school Lincoln Memorial. In his senior year, he averaged 16.9 PPG, 10.3 RPG, and 2.2 BPG in 27.6 minutes per contest, leading the program to a South Atlantic Conference championship. He joined the Nuggets for Summer League play in July.

The Nuggets gave Terry a $35K guarantee when they signed him, and presumably hoped to make him a G League affiliate player. However, by signing him after he cleared waivers, the Cavaliers will now have Terry’s G League rights if he goes unsigned after he’s released again.

Cleveland may represent a better G League opportunity for Terry than Denver, since the Nuggets don’t have their own NBAGL affiliate. The rookie likely signed an Exhibit 10 contract with the Cavs, which allows for a bonus worth up to $50K if a player spends at least two months with an NBA team’s G League affiliate after being cut by that team. The Nuggets weren’t permitted to include an Exhibit 10 bonus in their deal with Terry due to their lack of G League affiliate.

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2018/19 Over/Unders: Central Division

October 11th, 2018 at 11:28am CST by Luke Adams

The 2018/19 NBA regular season will get underway in just five days, which means it’s time to get serious about predictions for the upcoming campaign. With the help of the lines from Bovada and the Westgate Las Vegas SuperBook, we’re running through the predicted win totals for each of the NBA’s 30 teams, by division, to have you weigh in on whether you think those forecasts are too optimistic or too pessimistic.

Having started with the Atlantic and Southwest divisions this week, we’re moving onto the Central today…

Indiana Pacers

(Trade Rumors app users, click here for Pacers poll)

Milwaukee Bucks

(Trade Rumors app users, click here for Bucks poll)

Detroit Pistons

(Trade Rumors app users, click here for Pistons poll)

Cleveland Cavaliers

(Trade Rumors app users, click here for Cavaliers poll)

Chicago Bulls

(Trade Rumors app users, click here for Bulls poll)

Previous voting results:

Atlantic:

  • Boston Celtics (59.5 wins): Over (53.63%)
  • Toronto Raptors (55.5 wins): Over (56.95%)
  • Philadelphia 76ers (54.5 wins): Under (51.19%)
  • Brooklyn Nets (31.5 wins): Under (56.04%)
  • New York Knicks (28.5 wins): Under (54.13%)

Southwest:

  • Houston Rockets (56.5 wins): Over (69.33%)
  • New Orleans Pelicans (45.5 wins): Under (53.4%)
  • San Antonio Spurs (44.5 wins): Under (60%)
  • Dallas Mavericks (34.5 wins): Over (55.16%)
  • Memphis Grizzlies (34.5 wins): Under (60.87%)
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Cavaliers Waive Levi Randolph

October 10th, 2018 at 1:37pm CST by Luke Adams

The Cavaliers have trimmed their offseason roster by one, announcing today in a press release that they’ve waived camp invitee Levi Randolph. He’ll become an unrestricted free agent on Friday, once he clears waivers.

Randolph, who went undrafted out of Alabama in 2015, played in the G League and in international leagues to start his career, spending time with the Maine Red Claws and with clubs in Italy and France.

Before joining the Cavs for camp, the 6’6″ shooting guard played for the Pacers’ Summer League team in July. He finished the 2017/18 campaign with French club SIG Strasbourg, averaging 8.6 PPG and 2.5 RPG in 22 French League games (19.5 MPG). Randolph appeared in two preseason games for Cleveland.

The Cavs now have 19 players under contract and will need to make a couple more cuts to get down to the regular season roster limit by next week.

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Hood Talks Free Agency; Breaking Down Cavs' Roster Hopefuls

October 10th, 2018 at 11:40am CST by Luke Adams
  • Speaking to Chris Fedor of Cleveland.com, Rodney Hood acknowledged that it was tough to watch many of his fellow restricted free agents receive big-money deals this offseason while those lucrative offers didn’t materialize for him. “Jabari [Parker] is like a brother to me and I know Marcus [Smart] — we came in the league together,” Hood said. “So I’m happy for them getting money and stuff like that. But I had to understand restricted free agency. At first, it was hard because I really didn’t. And I was thinking, ‘Alright, he got paid and I was supposed to.'” As Hood prepares for the biggest year of his career, the Cavaliers still want him to be part of their future beyond 2019, writes Terry Pluto of Cleveland.com.
  • Joe Vardon of The Athletic takes a closer look at the camp invitees vying for a roster spot with the Cavaliers, a group that includes Kobi Simmons, John Holland, Isaiah Taylor, and others.
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Celtics Notes: Rozier, Smart, Rotation, Irving

October 10th, 2018 at 9:34am CST by Luke Adams

Despite Kyrie Irving‘s verbal commitment to re-signing with the team next summer, the Celtics have explored a potential contract extension for Terry Rozier, a source tells Brian Robb of BostonSportsJournal.com. The two sides have until next Monday to complete a deal. If they don’t, Rozier will remain on track to reach restricted free agency in 2019.

While Robb describes the Celtics as having been engaged and “active” in extension negotiations, it’s hard to imagine the two sides reaching an agreement in the coming days. With Irving expected to stick around long-term and Marcus Smart already locked up to a long-term deal, the Celtics would be committing a ton of money to point guards if they were to extend Rozier as well. Additionally, it’s not clear whether Rozier would be comfortable accepting a bench role for the next several years of his career by re-upping with the C’s.

“That’s something I’m really going to have to sit down and think about,” Rozier told Robb on Tuesday.

Here’s more out of Boston:

  • The NBA hit Marcus Smart with a $25K fine earlier this week for his role in an on-court altercation with J.R. Smith, the league announced in a press release. The incident, which resulted in Smart’s ejection, occurred during Saturday’s game against the Cavaliers. Smith was fined $15K.
  • The Celtics continue to work on figuring out their rotation for the regular season, as head coach Brad Stevens acknowledged after that Saturday loss to the Cavs. Taylor C. Snow of Celtics.com has the story.
  • Asked about the Celtics’ struggles during the preseason, Kyrie Irving said that he and his teammates “have to be a lot smarter,” as Chris Forsberg of NBC Sports Boston details. “We have to be a lot more diligent in what we’re doing out there, a lot more communicative,” Irving said. “And it’s going to take some time for us to figure that out because we don’t have 1-2-3-4-5 set in stone. Like 2, 3, and 4 is like up in the air for us so you can see that our wings are having somewhat of a struggle just figuring out, ‘OK, who is the 4, who is the 3 here?'”
  • In a separate piece on Irving, Adam Himmelsbach of The Boston Globe passes along some of the point guard’s observations on his time in Cleveland and what he learned from playing with LeBron James.
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