Cleveland Cavaliers Rumors | Hoops Rumors

Cavs Pick Up Perkins’ Option For Trade Purposes

June 28th, 2018 at 1:36pm CST by Dana Gauruder

JUNE 28: The move is now official, according to RealGM’s NBA transactions log.

JUNE 27: The Cavaliers have decided to pick up their $2.445MM option on center Kendrick Perkins‘ contract, Dave McMenamin of ESPN reports. Cleveland had to make a decision by Friday whether to pick up his option.

The move was made to give the Cavs the option of adding his contract for a potential trade, McMenamin continues. Perkins’ salary is still non-guaranteed, but it would become guaranteed if he’s included in a trade. This also signals that Cleveland isn’t afraid to add to its already bloated payroll in order to improve the team, despite the uncertainty of LeBron James‘ future with the franchise.

A no-trade restriction on Perkins will be lifted on July 11.

Perkins, 33, was signed the last day of the regular season and appeared in that game but didn’t play in the postseason. He also played for Cleveland during the preseason.

He hadn’t appeared an NBA game since the 2015/16 season with the Pelicans.

Jamel Artis Joining Cavs' Summer League Team

June 28th, 2018 at 8:02am CST by Dana Gauruder

The Magic will not make a qualifying offer to Jamel Artis, Sportando tweets. The 6’7” Artis, who went undrafted out of Pittsburgh in 2017, saw action in 15 games and averaged 5.1 PPG, 2.5 RPG and 1.2 APG in 18.6 MPG. Artis will be on the Cavaliers‘ Summer League squad, Dave McMenamin of ESPN tweets.

Paul George Declining Player Option

June 28th, 2018 at 7:23am CST by Luke Adams

Paul George has informed the Thunder that he’ll turn down his player option for 2018/19 and will become an unrestricted free agent on July 1, reports ESPN’s Adrian Wojnarowski.

The move had long been anticipated. While it might make sense in some cases for veterans to opt into the final year of their contracts, George’s $20,703,384 option salary is far below his projected $30MM+ maximum salary, so picking up the option would have made little financial sense.

Additionally, the Lakers and Thunder are widely considered the frontrunners to land George. Los Angeles will have the cap space to sign George outright, while Oklahoma City has his Bird rights and can go over the cap to sign him. As such, exercising the option to facilitate a trade was always a long shot for the star forward.

While the Lakers and Thunder are the most serious contenders for George, the Rockets and Sixers are interested in pursuing him too, sources tell Wojnarowski. The Cavaliers were also previously said to be interested in George. However, his option decision will make it tricky for over-the-cap teams like Houston and Cleveland to land him, since those teams don’t have easy paths to cap room, and a sign-and-trade deal would only be permitted if they’re willing to remain below the tax apron ($6MM above the tax line) all season.

George is eligible to sign a five-year contract worth a projected $175MM+ with the Thunder this offseason, or a four-year deal worth approximately $130MM with a rival suitor like the Lakers. The five-time All-Star may ultimately sign a one-plus-one contract (a two-year deal with a player option) though, since doing so would allow him to reach free agency again in 2019, when the cap is projected to increase to $108MM.

Photo courtesy of USA Today Sports Images.

Cavs Issuing Qualifying Offer To Rodney Hood

June 27th, 2018 at 1:45pm CST by Luke Adams

The Cavaliers will tender a qualifying offer to Rodney Hood this week, ensuring that he’ll become a restricted free agent on July 1, reports Joe Vardon of Cleveland.com.

Because Hood narrowly missed meeting the starter criteria this past season, his qualifying offer will be worth $3,472,887. Hood will have the option of accepting that one-year offer or seeking out a new deal with the Cavaliers or a rival suitor once he reaches free agency. As long as the Cavs don’t withdraw their qualifying offer, they’ll have the right of first refusal on Hood, allowing them to match any offer sheet he signs.

Hood, 25, averaged a career-high 14.7 PPG in 60 total games for the Jazz and Cavs in 2017/18. However, his numbers dipped across the board upon his arrival in Cleveland, and he struggled in the playoffs, refusing to enter one game in the fourth quarter and later falling out of the rotation for several contests.

While Hood’s late-season inconsistency likely hurt his earning potential, it may benefit the Cavs, who still view the shooting guard as part of their future, a source tells Vardon. If Cleveland wants to lock up Hood to a longer-term contract, it probably won’t be as expensive as it once looked.

Lakers Feeling Pressure To Land Kawhi Before LeBron Decision?

June 27th, 2018 at 11:29am CST by Luke Adams

Pressure appears to be mounting on the Lakers to make a deal for Spurs forward Kawhi Leonard before LeBron James makes his free agent decision, according to Adrian Wojnarowski, Brian Windhorst, and Ramona Shelburne of ESPN.com.

As ESPN’s report explains, there’s a belief that James would be reluctant to commit to the Lakers in free agency if he’s the only star headed to Los Angeles. With Paul George no longer viewed as a lock to land in L.A., Leonard may represent the Lakers’ best bet to acquire another star to help convince James to head west.

James’ player-option decision due on Friday, so there’s a race to acquire Leonard by then, per Woj, Windhorst, and Shelburne. The Celtics, Cavaliers, Sixers, and Clippers are among the teams that have made offers for Leonard, and multiple teams in that group figure to be in the mix for James too. If the Lakers were to lose out on Leonard to, say, the Sixers or Cavs, it could reduce L.A.’s chances of recruiting LeBron to L.A.

Of course, the Spurs have stated they won’t rush into any trade involving Leonard, since their preference would be to retain him. It’s possible that they receive an offer this week that they simply can’t refuse, but the Spurs likely won’t be eager to improve another team’s chances of landing James.

Here are several other key updates related to the Lakers, Cavaliers, James, Leonard, and more:

Although the Lakers came away from their initial conversation with the Spurs feeling like San Antonio “shut the door” on them, ESPN’s trio reports that the Spurs haven’t ruled out trading Leonard to any destination in the Eastern or Western Conference.
The Lakers have been on the lookout for a future first-round pick on the trade market and are willing to take on 2018/19 salary, per ESPN. The Lakers could keep a max-salary slot open for a free agent even if they take on some salary, and that pick could be used to sweeten a larger trade package.
While the Cavaliers have been actively exploring ways to upgrade their roster via trades or free agency, they haven’t been given the chance to meet with or discuss scenarios with James, league sources tell ESPN. With LeBron unwilling to commit to the Cavs, it will be tricky for the front office to execute a major trade in the interim. For instance, if George were to consider picking up his player option to accommodate a trade to Cleveland, he’d want to know that James was sticking around.
Although the Cavaliers have inquired about Leonard, they probably don’t have the assets to pull off a deal, given their competition for the star forward, per ESPN’s report.
James is hoping to decide on his free agent destination fairly quickly, according to ESPN.
Some league executives who spoke to Sean Deveney of The Sporting News believe that James would be willing to sign with the Lakers even if the team hasn’t made any other impact moves yet. “They’re doing enough research to suggest that he’s going to be willing to take that plunge and let the roster come together,” one GM told Deveney. “It’s what happened in Cleveland four years ago.” When James signed with the Cavaliers in 2014, he did so before the team had finalized a trade for Kevin Love.

LeBron James Close To Option Decision

June 26th, 2018 at 3:17pm CST by Luke Adams

For what it’s worth, Dave McMenamin of ESPN.com has heard within the last week from two members of the 2017/18 Cavaliers – a player and a team official – that they believe the Cavs have the best chance of any team to sign James. Within his article, McMenamin explains why a return to Cleveland could make some sense for the future Hall-of-Famer.

LeBron James‘ player-option decision is due this Friday, and he’s “widely expected” to turn down that option, writes Joe Vardon of Cleveland.com. According to Vardon, James is close to making a decision and the Cavaliers are “generally aware of his thinking.”

If James does opt out, it would significantly hamstring the ability of several over-the-cap suitors to make a serious run at him. If LeBron reaches free agency, teams with cap room like the Lakers and Sixers would be his most viable landing spots, along with the Cavaliers.

For what it’s worth, Dave McMenamin of ESPN.com has heard within the last week from two members of the 2017/18 Cavaliers – a player and a team official – that they believe the Cavs have the best chance of any team to sign James. Within his article, McMenamin explains why a return to Cleveland could make some sense for the future Hall-of-Famer.

Frank Urbina of HoopsHype.com identifies a few potential landing spots for Cavaliers guard Rodney Hood, suggesting the Heat, Pacers, and Bulls could be decent fits for the restricted free agent.

Rockets Remain ‘All In’ On Pursuing LeBron James

June 26th, 2018 at 12:59pm CST by Luke Adams

The Rockets are still “all in” on the idea of pursuing LeBron James this summer, a person with knowledge of the situation tells Sam Amick of USA Today. Amick suggests Houston may be a long shot for James, but makes it clear that the team hasn’t given up on the idea by any means.

The Lakers and Cavaliers have increasingly been cited as the most likely landing spots for James, with at least one report suggesting that Houston might not be a great fit for LeBron from a family perspective. For his part, the four-time MVP has been mum on his decision, so it remains unclear which teams have a realistic shot to land him.

From an on-court perspective, the Rockets make a lot of sense as a potential LeBron destination. His good friend Chris Paul is considered very likely to re-sign in Houston, and the team came within one win of knocking off the Warriors in the Western Conference Finals. Additionally, GM Daryl Morey is known for trying to find creative ways to acquire any star he can, as he did a year ago with CP3.

However, it wouldn’t be easy for the Rockets to land James. If LeBron exercises his player option for 2018/19, a trade to Houston is a possibility. If he turns down that option though, the Rockets won’t have the cap space to sign him outright, and landing him a sign-and-trade would only be plausible if team salary remains below the tax apron all year long, which would be extremely tricky for a club that wants to re-sign Paul and Clint Capela.

June 29 will be the next date to watch for James — that’s the deadline for him to pick up or decline his option.

Harden Tops James, Davis For MVP Award

June 25th, 2018 at 9:56pm CST by Dana Gauruder

Rockets guard James Harden was named the league’s Most Valuable Player during the NBA’s second annual awards show.

Harden topped the Cavaliers’ LeBron James and the Pelicans’ Anthony Davis for the league’s most coveted individual award. Harden finished second in the voting last season to the Thunder’s Russell Westbrook.

Harden led the league in scoring at 30.4 PPG. He was fourth in assists (8.8) and second in 3-pointers made per game (3.7) while also finishing in the top 10 in steals (1.8). Houston’s regular-season success, with its league-best 65-17 record, played a role in Harden’s victory.

The Cavaliers needed James’ Herculean efforts just to finish fourth in the East. He averaged 27.5 PPG, 8.6 RPG and 9.1 APG while appearing in all 82 contests.

Davis led the Pelicans to the playoffs, and a first-round knockout of the Trail Blazers, despite DeMarcus Cousins‘ season-ending Achilles injury. He posted averages of 28.1 PPG, 11.1 RPG and 2.6 BPG.

Here are the other awards announced on Monday night:

Rookie of the Year: Ben Simmons, Sixers
Coach of the Year: Dwane Casey, Raptors
Sixth Man of the Year: Lou Williams, Clippers
Defensive Player of the Year: Rudy Gobert, Jazz
Most Improved Player: Victor Oladipo, Pacers

Photo courtesy of USA Today Sports Images.

Notable Player Option Decisions Still To Come

June 25th, 2018 at 11:15am CST by Luke Adams

The lack of salary cap space around the NBA this offseason has resulted in a substantial uptick in veterans exercising player options. In 2016, just three players picked up those options, while five followed suit in 2017. So far in 2018, 16 players have elected to opt into their contracts for 2018/19, and Spurs swingman Danny Green is expected to increase that number to 17.

Player option decisions are due by June 29, this Friday, and there are still several noteworthy decisions to come. Here’s a quick breakdown of the ones we’re still waiting on:

LeBron James, Cavaliers ($35,607,968): While it seems like a lock that James would opt out to reach free agency, exercising his option makes more sense if he wants to join certain over-the-cap teams, as we explained here. I still expect LeBron to opt out, but if he picks up this option, he’ll likely be doing so with a specific trade destination in mind.
DeAndre Jordan, Clippers ($24,119,025): Jordan is unlikely to get a $24MM starting salary in free agency, but if he could get a three- or four-year contract with an average annual value of $15-20MM, that might be preferable to opting in. His decision will have a huge impact on the Clippers’ offseason, since the club would be well over the cap with Jordan’s salary on its books.
Paul George, Thunder ($20,703,384): Of all the options on this list, George’s looks like the easiest call. Even if he wants to stay with the Thunder, he’s more likely to opt out and sign a new deal that starts at his max, $30.3MM. This option is a virtual lock to be declined.
Enes Kanter, Knicks ($18,622,514): Picking up the option is probably the right move for Kanter, who wouldn’t get an $18MM+ salary on the open market, but he has talked about opting out. As in Jordan’s case, turning down the option could mean accepting a lesser salary in 2018/19 in exchange for greater long-term security.
Thaddeus Young, Pacers ($13,764,045): Young is said to be strongly considering declining his option, and he’s another player who could seek a longer-term deal that increases his overall payday. For example, a new three-year, $30MM contract might appeal more to Young than finishing out a one-year, $13MM+ deal.
Garrett Temple, Kings ($8,000,000): Temple is coming off a solid year in Sacramento, but he’s 32 years old and isn’t a starting point guard, so opting in for an $8MM guarantee appears to be the right call.
Joffrey Lauvergne, Spurs ($1,656,092): Lauvergne is reportedly considering turning down his option. If he does so, there’s little downside — he’d simply have to find another minimum salary offer in order to match his option salary. The big man may not want to risk following in the footsteps of former Spur David Lee, who declined a minimum-salary player option last summer and then didn’t sign another NBA contract, but at age 26, Lauvergne should a safe bet to receive an offer.

Photo courtesy of USA Today Sports Images.

LeBron James Not Interested In Elaborate Recruiting Pitches

June 25th, 2018 at 10:00am CST by Luke Adams

When LeBron James first reached unrestricted free agency in 2010, several suitors flew in delegations to make presentations to him, and he eventually announced his decision on a televised special. That won’t be the case this time around, according to ESPN’s Ramona Shelburne, who writes that James has “no intention” of inviting teams to make elaborate recruiting pitches.

Of course, with James’ decision on his player option for next season due by this Friday, it’s possible that the future Hall-of-Famer won’t even reach free agency. However, even if he turns down that option and hits the open market on July 1, LeBron considers it unnecessary to have interested clubs make presentations.

According to Shelburne, James may end up speaking with a team official or owner at some point during his decision-making process. But league sources believe that he and his agents – Rich Paul and Mark Termini – have a strong enough understanding of the “stakes and NBA landscape” to go through the process with little fanfare.

The Lakers and Cavaliers have increasingly been viewed as the most likely destinations for James by outside observers, though many other teams – including the Rockets, Sixers, Clippers, Celtics, and Heat – could still be possibilities.