Cavaliers Rumors

FA Rumors: Ferrell, Goodwin, Muhammad

After having seemingly reached a two-year contract agreement with the Mavericks, Yogi Ferrell elected this morning to re-enter free agency. However, he doesn’t intend to drag out the process. According to Shams Charania of Yahoo Sports (Twitter link), Ferrell plans to make a decision within the next day or so.

Ferrell has received some interest from a handful of teams, including the Cavaliers and Pelicans, Charania reports, though a source tells Tim MacMahon of ESPN.com (Twitter link) that Cleveland’s interest came early in free agency. The Cavs haven’t had contact with Ferrell’s agent during the last couple weeks, says MacMahon.

As for New Orleans, the Pelicans used their full mid-level exception on Julius Randle and spent most of their bi-annual exception on Elfrid Payton. As such, the club couldn’t offer Ferrell more than the minimum. An offer that modest seems unlikely to win out, though it’s worth noting that a fully guaranteed two-year minimum contract would feature more guaranteed money than the Mavs’ offer did.

As we wait to see where Ferrell lands, here are a few more notes and rumors on free agents:

  • Multiple NBA teams have expressed interest in former first-round pick Archie Goodwin, tweets Michael Scotto of The Athletic. However, Goodwin is seriously considering a lucrative contract offer from a Chinese team and is expected to head overseas unless an NBA team offers him a fully guaranteed salary for 2018/19, per Scotto.
  • In a conversation with Bryan Kalbrosky of HoopsHype, free agent wing Shabazz Muhammad – another former first-round pick – says he’s in the best shape of his life. Muhammed, who remains on the lookout for a new NBA home, is also trying to improve his outside shooting, telling Kalbrosky that he’s shooting hundreds of corner threes every day.
  • Veteran NBA point guard Tyler Ennis, who was waived by the Lakers in June, has signed a two-year deal with Fenerbahce Istanbul, according to the EuroLeague’s official site. Before heading to Europe, Ennis appeared in 186 NBA games over the last four seasons, spending time with the Suns, Bucks, Rockets, and Lakers.

Sixers, Cavs Talk Kyle Korver-Jerryd Bayless Swap

JULY 20: While a trade involving Bayless and Korver is possible, it’s “far from certain,” a league source tells Marc Stein of The New York Times (Twitter link).

JULY 19: The Sixers and Cavaliers have had discussions about a Jerryd BaylessKyle Korver swap, sources tell Keith Pompey of the Philadelphia Inquirer (Twitter link).

Philadelphia is involved in the Carmelo AnthonyDennis Schroderthree-way salary dump along with the Thunder and Hawks, though the move is on hold at the moment with the Sixers reportedly looking to make another move before finalizing the transaction. The organization has very little cap room left and the acquisition of Mike Muscala, the big man who would join Philly in the proposed three-team deal, would put them over the salary cap.

Korver will take home a salary of $7.56MM this upcoming season and he has $7.5MM on his contract for the 2019/20 campaign, though his salary then is non-guaranteed. Bayless will make approximately $8.56MM this season during the final year of his contract.

Korver began his NBA career with the Sixers, playing 337 games with the franchise across parts of five seasons. With LeBron James no longer with Cleveland, the 37-year-old may welcome a deal to a more competitive team.

The former second-round pick was a mainstay in the Cavs’ rotation during the regular season, although his participation during the playoffs was spotty, as the team had to sit him because of his inability to defend the perimeter. Bayless, who has dealt with various injuries since coming to the Sixers, hasn’t really carved out a nitch in Philadelphia. If the Sixers and Cavs make the swap, I’d speculate that an additional asset, such as a second-round pick or cash, will head Cleveland’s way as well.

Korver sits fourth all-time with 2213 shots made from behind the arc. This past season, he took over five threes per game, making 43.6% of his attempts.

Central Notes: Love, Middleton, Perkins, Pistons

Earlier tonight, we heard talk of the Cavaliers sending Kyle Korver to Philadelphia in exchange for Jerryd Bayless. While we wait to see if anything materializes in Cleveland, let’s take a look at some notes from the Central Division:

  • The Cavaliers are not shopping Kevin Love, though he could be on the move if the right offer presents itself, ESPN’s Brian Windhorst mentions on the Lowe Post podcast. The scribe adds that Khris Middleton is in the same boat with the Bucks not deeming him untouchable nor looking to deal him.
  • Cleveland waived Kendrick Perkins to “do right” by the big man and allow him to pursue training camp deals, a source tells Joe Vardon of Cleveland.com. The Cavaliers signed Perkins on the final day of the 2017/18 regular season back when LeBron James was still on the roster. The team had hoped to use Perkins’ contract as part of an offseason trade.
  • The Pistons have added Tim Grgurich and Micah Nori as assistant coaches to Dwane Casey‘s staff, Ansar Khan of Mlive.com relays.
  • Alex Boeder of NBA.com examines what Brook Lopez will bring to the Bucks. Lopez should be able to help the team stretch the floor with his three-point shot, as over 40% of his shots from the field last came from behind the arc.
  • FIBA has banned Bucks center Thon Maker for three games in international play for his part in a brawl during a game in the Philippines earlier this month, according to an ESPN report. Maker said he disagreed with the decision in a written statement that was released on his Twitter account.

Cavs Sign Channing Frye To One-Year Deal

JULY 19: The Cavaliers have officially signed Frye, the team announced today in a press release.

JULY 14: The Cavaliers have agreed to bring back veteran forward Channing Frye, reports Shams Charania of Yahoo Sports. According to Charania, Frye will sign a one-year, minimum-salary deal with Cleveland.

Frye will earn approximately $2.39MM this season and count for roughly $1.51MM on the Cavs’ cap sheet.

The 35-year-old played in 144 games for Cleveland over parts of the last three seasons. He was traded from Orlando to LeBron James‘ squad at the 2016 deadline before being dealt to the Lakers during a massive overhaul at the 2018 trade deadline. Now, he’ll head back to Cleveland from Los Angeles as LeBron goes in the other direction.

Frye, a 13-year veteran averaged 5.0 points and 2.5 rebounds per contest in limited minutes (13.1 MPG) last season. He’s widely known as a solid locker room presence and that will likely be valued by a team that could end up embarking on a total rebuild should it trade Kevin Love.

Luke Adams contributed to this post.

Cavaliers Waive Kendrick Perkins

The Cavaliers have waived veteran center Kendrick Perkins, league sources tell ESPN’s Adrian Wojnarowski (Twitter link). Perkins will clear waivers and become an unrestricted free agent on Thursday, assuming he goes unclaimed.

Perkins, who had been out of the NBA since the 2015/16 season, caught on with the Cavs at the end of the season, signing with the club before the playoffs got underway. The 33-year-old big man played 15 minutes in Cleveland’s regular-season finale, but didn’t see any action during the postseason, though he was involved in a couple sideline incidents involving Drake and Draymond Green.

Perkins’ contract with the Cavs included a team option for the 2018/19 campaign, which Cleveland exercised last month. That option decision didn’t guarantee Perkins’ salary for the coming season though, so the club won’t be on the hook for his $2.45MM salary and cap charge.

The move won’t open up any extra cap room for the Cavs, but it will create a little extra flexibility below the luxury tax line. That will give the team more options as it weighs re-signing Rodney Hood and/or using the mid-level exception.

Channing Frye Lends Veteran Leadership

Channing Frye‘s impact on the locker room had a lot to do with the Cavaliers’ decision to bring back the veteran forward, according to Terry Pluto of the Cleveland Plain Dealer. GM Koby Altman wanted a respected veteran voice to guide the team through tough times with the departure of LeBron James, Pluto continues. Frye is very popular with his teammates and shares a close bond with the team’s remaining star, Kevin Love. Frye was traded to the Lakers last February by Cleveland solely to make the deal work financially and not because the front office had any issues with him, Pluto adds. Frye agreed to a one-year, veteran’s minimum deal.

  • Cavaliers lottery pick Collin Sexton was a volume scorer during summer-league competition but reinforced the notion that his long-range game needs work, as Andre Snellings of ESPN details. Sexton did most of his damage inside the arc and needs to develop a consistent 3-point shot, Snellings continues. The University of Alabama product also displayed his ability to create for his teammates but he still can become a better passer, Snellings adds.

And-Ones: Billups, LeBron, Free Agency, Budinger

ESPN analyst Chauncey Billups wants to run an NBA team in the near future, according to an Associated Press report. Billups turned down the Cavaliers’ GM job last summer, saying then it would tough to rebuild the team if LeBron James bolted. Rumors flew this summer that he’d be a candidate for a Pistons’ front-office post but he wasn’t seriously considered. “My desire is to one day run a team, be in a front office and try to build a champion,” Billups said. “I know that I will and I know I’m going to do a good job. When that opportunity presents itself, and it’s a good opportunity, I’ll be ready to go.”

In other news from around the league and overseas:

  • LeBron James will skip next week’s USA Basketball minicamp, Dave McMenamin of ESPN writes. It will be the first official session for USA Basketball with the Spurs’ Gregg Popovich as the head coach.
  • Dwyane Wade could be a bargain for the Heat or another team still shopping for a free agent guard, according to another AP story. Wade could probably be signed in the $5MM range. Vince Carter, Michael Beasley and restricted free agent Marcus Smart are three other veteran free agents who could offer value at a bargain rate, the story adds.
  • Former NBA forward Chase Budinger is pursuing a career in volleyball, Drew Ruiz of HoopsHype reports. Budinger is chasing an Olympic dream and has become a partner with two-time Olympian Sean Rosenthal on the AVP Beach Volleyball circuit. “That’s been a goal of mine since I was in high school, to be on an Olympic team and playing for the USA,” Budinger told Ruiz. Budinger’s NBA career ended after he played 17 games for the Suns in the second half of the 20015/16 season.
  • Former NBA guard Mike James has signed a lucrative offer sheet with Italy’s Olimpia Milano through the 2021 season, international expert David Pick tweets. James started 10 games for the Suns last season and appeared in 32 games overall, averaging 10.4 PPG and. 3.8 APG. After getting waived, he played four games with the Pelicans before getting waived again. He then had a second stint with Greece’s Panathinaikos Athens and won a championship.

Cavaliers Notes: White, Doncic, Parker, Love

Okaro White has a chance to win a roster spot with the Cavaliers, but first he has to overcome the effects of a broken left foot he suffered in November, writes Joe Vardon of Cleveland.com. White’s foot has fully healed, but he is still struggling with the psychological aspects of the injury and admits he’s “babying” it.

“I just gotta get through,” said White, who is part of the Cavaliers’ entry in the Las Vegas Summer League. “I’m old enough, I’m not young anymore, so I gotta get over it [mentally] and try to find a way to showcase my ability.”

White started four games for the Heat before the injury, but it wound up ending his season. He was shipped to the Hawks at the trade deadline, then signed with the Cavs in March, but never took the court for either team. The 25-year-old forward has a non-guaranteed $1,544,951 contract for 2018/19.

There’s more news out of Cleveland:

  • The Cavaliers passed on an opportunity to trade up on draft night and snag Luka Doncic, Vardon reports in a separate story. A source tells Vardon that Cleveland had an offer from Atlanta that included the No. 3 pick and Kent Bazemore, who will make more than $18MM next season with a $19.27MM option for 2019/20. However, the Cavs wanted Collin Sexton and were confident they could get him at No. 8.
  • With LeBron James gone, the Cavaliers should take a gamble on Jabari Parker, according to Greg Swartz of Bleacher Report. The second player taken in the 2014 draft, Parker could become a dynamic scorer and rebounder if he can fully bounce back from his second ACL surgery. Swartz suggests Cleveland should use its $8.6MM mid-level exception to offer Parker a two-year contract. That would give him $13.3MM more in guaranteed money than if he accepts his $4.3MM qualifying offer with the Bucks, and it would put him back on the open market in 2020 when he’ll only be 25. Swartz recommends a few other moves for the Cavs, including re-signing Rodney Hood, working out an extension with Larry Nance Jr., trying to trade veterans such as J.R. Smith and Tristan Thompson and taking on unwanted contracts to stockpile draft picks.
  • Chris Fedor of Cleveland.com suggests several trades involving Kevin Love, listing the Trail Blazers, Heat, Lakers, Suns and Jazz as possible destinations.

Cavs Still Searching For Another Assistant Coach

  • The Cavaliers, who are still searching for another assistant coach on head coach Tyronn Lue‘s bench, interviewed Warriors assistant coach Willie Green and Sixers assistant coach John Bryant recently, per Dave McMenamin of ESPN. Green has since re-upped with Golden State.

Billy Preston's Two-Way Deal Is For Two Years

  • Of the two-way contracts signed so far this offseason, Billy Preston‘s deal with the Cavaliers is the only one confirmed to be for two years rather than just one (Twitter link).