- The Cavs don’t plan on tanking or trading their top remaining player Kevin Love, Joe Vardon of the Cleveland Plain Dealer reports. GM Koby Altman said he’s intent on keeping the team competitive despite the loss of LeBron James. “Kevin is an All-Star and you don’t get better by moving Kevin,” Altman said. “Kevin’s been incredible for us for four years and he wants to be here, and to me that’s a big part for guys that are here and the guys that we’re gonna acquire, is that they want to be here and be a part of this new chapter and culture that we’re creating.”
The Cavaliers have signed power forward Billy Preston to a two-way contract, Dave McMenamin of ESPN tweets.
The 6’10” Preston did not play college basketball last season. The McDonald’s All-American committed to Kansas but was the subject of an NCAA investigation into his eligibility. He wound up signing with a Bosnian team but only played three games there due to a shoulder injury.
Preston went undrafted before agreeing to join the Cavs’ summer-league team. He’ll fill one of Cleveland’s two-way slots, with John Holland currently penciled in for the other.
The Cavaliers have officially signed their first-round pick, former Alabama guard Collin Sexton, to his rookie contract, the team announced today in a press release. Joe Vardon of Cleveland.com first reported that the deal was done.
Sexton, the eighth overall pick, landed in Cleveland by way of last year’s Kyrie Irving blockbuster, which sent the Nets’ 2018 first-round selection from Boston to Cleveland. The Cavs’ new point guard will also wear Irving’s old No. 2 on his jersey.
The third point guard selected in the 2018 draft after Luka Doncic and Trae Young, Sexton enjoyed a productive freshman year at Alabama, averaging 19.2 PPG, 3.8 RPG, and 3.6 APG in 33 games. He declared for the draft and went pro after just one college season.
As our breakdown of rookie salaries shows, Sexton will be in line for a first-year salary exceeding $4MM, with an overall value of $20MM on his four-year rookie contract. The first two years of the deal will be guaranteed, with team options for years three and four.
- The Cavaliers remain focused on making the playoffs, even after the loss of LeBron James, according to Joe Vardon of Cleveland.com. The team insists it will hang onto Kevin Love, the only All-Star remaining on the roster, and try to rebuild around him.
Multiple reports leading up to LeBron James‘ decision indicated that the Cavaliers planned to keep Kevin Love even if James left Cleveland. That’s still the franchise’s public stance, writes Jason Lloyd of The Athletic. However, multiple sources from around the league insist that the Cavs are indeed open to moving Love, according to Lloyd.
Love, who has been with the Cavaliers since 2014, has averaged 17.1 PPG and 10.0 RPG in his four seasons in Cleveland. While those are strong numbers, they pale in comparison to the ones he posted in his previous four seasons as the focal point of Minnesota’s roster (23.5 PPG, 13.7 RPG).
Love is still just 29 years old, so it would be interesting to see what he can do on a Cavs squad that no longer features James — especially since the team has conveyed a desire to compete for the playoffs even without LeBron.
However, if the Cavs want to go younger in the post-LeBron era, Love – who has one guaranteed year left on his contract with a player option for 2019/20 – would represent their best veteran trade chip.
As Lloyd observes, it’s also worth noting that the Cavaliers’ 2019 first-round pick will be sent to Atlanta unless it falls in the top 10. With Love on the roster, that pick could easily fall between 11 and 30 and head to the Hawks, whereas a rebuilding Cavs club without Love would have a better chance of hanging onto it.
That Cavs pick, which is top-10 protected in both 2019 and 2020, would turn into a pair of second-round selections if it doesn’t convey in either of the next two years.
While he didn’t play a part in revealing LeBron James‘ new home this time around, Lee Jenkins of Sports Illustrated has penned another excellent piece on LeBron’s latest decision. According to Jenkins, James initially narrowed down his preferred landing spots to the Lakers, Cavaliers, Sixers, and Rockets, instructing agent Rich Paul to research those organizations and give him feedback when he returned from a June vacation.
While the Rockets became a long shot after James opted out of his previous contract, the four-time MVP planned communications with the Cavaliers and Sixers at the start of free agency. The Lakers were his primary focus though, according to Jenkins, who notes that LeBron spoke to Kobe Bryant on the phone before meeting with Magic Johnson on Saturday night.
As Jenkins details, despite speculation that a second star like Kawhi Leonard or Paul George might be required to lure James to the Lakers, the future Hall-of-Famer had no problem being “the first headliner through the door.” Per Jenkins, LeBron believes that the Lakers have the recruiters, assets, and cap space necessary to build a lasting contender.
Here’s more on the Lakers’ and LeBron’s arrival:
- Although he was strongly considering the Lakers before sitting down with Johnson on Saturday night, James wanted to meet face-to-face and see if he and the Lakers’ president of basketball operations could “find a trust” before he made a final decision, sources tells Ramona Shelburne of ESPN.com (Twitter links). Tania Ganguli of The Los Angeles Times has more details on that Saturday meeting between the former and future Lakers stars.
- The Lakers‘ status as an iconic franchise and the ability to live full time in Los Angeles with his family were important factors in James’ decision, two people with knowledge of the situation tell Jeff Zillgitt of USA Today. Zillgitt also notes that the Sixers worked hard to trade for Leonard as a selling point while recruiting James, but never made serious traction with the Spurs.
- Kevin O’Connor latest article for The Ringer cites multiple league sources who say that the Lakers‘ offers for Leonard have been “underwhelming.” However, O’Connor acknowledges that could change now that the team has secured a commitment from James. A package that sends Brandon Ingram, Julius Randle (via sign-and-trade), multiple first-round picks, and possibly Josh Hart to the Spurs could work, in the view of O’Connor’s sources.
- James’ business and basketball worlds will come together in Los Angeles, as Sam Amick of USA Today details in his piece on LeBron’s decision.
- Kevin Pelton of ESPN.com takes a closer look at how good the Lakers can be with their current roster and how they can become legit title contenders.
- We examined the Lakers‘ cap situation for 2018/19 earlier today.
Eight years after putting out an angry statement in which he guaranteed that the Cavaliers would win a championship before “the self-titled former ‘King'” did, Cavs owner Dan Gilbert has issued a more measured, thoughtful response to today’s news that LeBron James would once again be leaving Cleveland. For starters, this one isn’t written in Comic Sans.
[RELATED: LeBron James to sign four-year deal with Lakers]
Here’s Gilbert’s statement in full, via the Cavs’ website:
“We will always remember the evening of June 19, 2016 as the Cleveland Cavaliers, led by LeBron James, ended the 52-year drought delivering the long elusive championship that many thought they would never see… A championship that united generations of Clevelanders, both living and passed.
“Virtually anyone with roots in Northeast Ohio paused and felt the memories of the past and the utter joy that the burden of the so-called ‘curse’ was finally a thing of the past. Cleveland, Ohio was the home of a championship team for the first time since 1964. Words do not express the meaning and the feeling this accomplishment brought to the people of Northeast Ohio.
“None of this would have happened if LeBron James did not agree to come back home and lead the Cavaliers to the promised land. The entire Cavaliers franchise thanks LeBron for that precious moment and for all of the excitement he delivered as he led our team to four straight NBA Finals appearances.
“LeBron is a family man, first. We wish his kids, his wife Savannah, his mother Gloria, and LeBron himself nothing but the best in the years and decades ahead. LeBron’s connection to Akron, Cleveland and all of Northeast Ohio will most certainly endure as his commitment to the region and his support of many important causes has been impactful to so many kids and families.
“LeBron, you came home and delivered the ultimate goal. Nothing but appreciation and gratitude for everything you put into every moment you spent in a Cavaliers uniform. We look forward to the retirement of the famous #23 Cavs jersey one day down the line….”
LeBron James‘ 2018 free agency was always a two-horse race between the Lakers and Cavaliers, Brian Windhorst of ESPN said on SportsCenter, noting that the meeting with the Sixers earlier today was a mere courtesy.
The decision to move to Los Angeles had been in the back of James’ mind for a while now, leaving the Lakers in the driver’s seat for the past three weeks with little left to do but not blow it.
In the television interview, Windhorst spoke of the exodus of the King’s staffers, who relocated from Miami to the west coast during James’ second stint with the Cavaliers, and the fact that his wife has been looking at Los Angeles schools for the past year.
With James already in hand, Magic Johnson simply had to close the deal and, as ESPN’s Ramona Shelburne adds, was actually at James’ residence when free agency officially began.
There’s more out of Los Angeles tonight:
- One name to keep an eye on as a potential Lakers addition is free agent big man Chris Bosh, Sean Deveney of The Sporting News writes. Bosh played alongside James for four years in Miami but has been out of the game since February, 2016 after being diagnosed with life-threatening blood clots. A comeback would require some additional paperwork but a successful return would not impact the Heat’s payroll.
- There’s a chance that Brook Lopez ends up back in Los Angeles now that much of the team’s available cap space has been tied up in James and Kentavious Caldwell-Pope, Keith Smith of RealGM tweets. Lopez was under contract for $22MM with the Lakers in 2017/18 and averaged 13.0 points and 4.0 rebounds per game.
- The Lakers are one of three teams that Nerlens Noel has narrowed his free agency decision down to, Shams Charania of Yahoo Sports tweets. Noel is represented by Rich Paul, the same agent that represents James and Caldwell-Pope. The Wizards and Thunder are the other two teams on Noel’s short list.
While several key free agents – including Paul George and Chris Paul – reached agreements in the early hours of free agency, LeBron James wasn’t among that group. Still, there’s a little news on James.
According to ESPN’s Dave McMenamin (via Twitter), Cavaliers general manager Koby Altman spoke to both James and agent Rich Paul on the phone when free agency began. Joe Vardon of Cleveland.com first reported (via Twitter) that the discussion was expected to happen.
The specifics of that conversation aren’t known, but the Cavaliers are still believed to be in the mix to sign the summer’s top free agent, though the Lakers are widely considered favorites.
Here are a few more free agent updates from around the NBA:
- The Rockets‘ front office will meet with Clint Capela and his representatives on Sunday in Los Angeles, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Capela figures to be Houston’s top priority in free agency now that the team has reached a deal with Chris Paul.
- Pelicans GM Dell Demps has asked some of his current players to reach out to free agent Tyreke Evans about the possibility of returning to New Orleans, tweets John Martin of 92.9 ESPN. Evans would be a mid-level exception candidate for the Pels.
- Rodney Hood received calls from approximately six teams early in free agency, sources tell Jordan Schultz of Yahoo Sports (Twitter link). Hood is a restricted free agent, so the Cavaliers can match any offer sheet he signs.
- The Timberwolves, Rockets, Knicks, and Spurs have all shown interest in Trevor Booker, according to Alex Kennedy of HoopsHype, who tweets that a return to the Pacers is also still in play for the veteran forward.
- Tyrone Wallace, who spent last season on a two-way contract with the Clippers, has generated interest from about a half-dozen teams, tweets ESPN’s Bobby Marks. Wallace received a qualifying offer from the Clips, who will be able to match any offer sheet he signs.
The NBA has set the salary cap for the 2018/19 league year, according to Shams Charania of Yahoo Sports, who reports (via Twitter) that the cap will be $101,869,000. The luxury tax threshold will be $123,733,000, Charania adds. Meanwhile, the minimum salary floor will be $91,682,000, according to the NBA.
The finalized cap figure comes in just slightly higher than what we expected. For virtually the entire 2017/18 league year, the NBA had projected that the cap for next season would be $101MM, with a luxury tax line of $123MM. The official figures are slightly higher than that, which is good news for teams looking to maximize their cap room, as well as clubs headed for tax territory.
As we detailed earlier this week, many other cap figures, including minimum and maximum salaries and several exceptions, are tied to the percentage of the salary cap increase. Here are some in-depth details on those numbers:
- Maximum salaries for 2018/19
- Minimum salaries for 2018/19
- Values of 2018/19 mid-level, room, bi-annual exceptions
Here are a few more key cap-related figures:
- Estimated average salary for 2018/19: $8,838,000 (Twitter link via Larry Coon)
- Maximum starting salary for certain veteran extensions: $10,605,600 (Twitter link via Jeff Siegel)
- Maximum cash a team can send, receive in trades in 2018/19: $5,243,000 (Twitter link via Coon)
- Tax apron: $129,817,000 (Twitter link via Coon)
Meanwhile, the NBA has also issued updated cap projections for the next two seasons, per Eric Pincus of Basketball Insiders (Twitter link). Those projections are as follows:
- 2019/20: $109MM cap, $132MM tax line
- 2020/21: $116MM cap, $141MM tax line
According to cap expert Larry Coon (Twitter link), the Cavaliers ($50.7MM), Warriors ($32.3MM), Thunder ($25.4MM), and Wizards ($7MM) finished the 2017/18 season as taxpayers, while the Bulls ($3.4MM) and Mavericks ($3.3MM) were charged for finishing below the salary floor.