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Latest On Dwyane Wade Joining Cavs

September 26th, 2017 at 9:38pm CST by marksuleymanov

The Cavaliers reached an agreement earlier today with three-time NBA champion Dwyane Wade on a one-year, $2.3MM deal. Once Wade clears waivers and the signing becomes official, the veteran guard will be reunited with longtime friend, LeBron James, and have the chance to compete for his fourth NBA title.

Before the move is completed, the Cavaliers will have to make a roster move as the team is presently at the 20-man training camp limit. Dave McMenamin of ESPN reports (via Twitter) that Cleveland is expected to initially cut a non-guaranteed training camp invitee to make roster space for Wade.

Joe Vardon of Cleveland.com reports (via Twitter) that Kendrick Perkins, who the Cavaliers officially signed on Monday, will likely be cut. Perkins, 32, did not play last season and his last NBA action was a 37-game stint with the Pelicans in 2015/16. Perkins previously suited up for Cleveland during the team’s run to the NBA Finals.

Cleveland will need to trade or waive at least one player on a guaranteed contract to accommodate Wade once rosters shrink to 15 players for the start of the regular season.

Cavaliers Sign JaCorey Williams

September 26th, 2017 at 1:37pm CST by Luke Adams

1:37pm: Williams’ deal with the Cavs is now official, the team confirmed in a press release.

8:24am: The Cavaliers will fill the final spot on their 20-man training camp roster by signing undrafted rookie JaCorey Williams, reports Dave McMenamin of ESPN.com. According to McMenamin, Williams will likely ink an Exhibit 10 deal, which could be converted into a two-way contract next month.

Williams, a 6’8″ forward, played his first three college seasons at Arkansas, but didn’t see much action for the Razorbacks, averaging just 11.9 minutes per game in 96 total contests for the program. After transferring to Middle Tennessee State for his senior year, Williams enjoyed a breakout season, averaging 17.3 PPG and 7.3 RPG. He was named the Conference USA Player of the Year for 2016/17.

After Williams went undrafted in June, it initially appeared that he may end up in camp with the Warriors, but his agreement with Golden State only spanned Summer League play. Rather than joining the defending NBA champions, Williams will head to camp with the Eastern Conference champs, and the Cavs are intent on having him develop with the Canton Charge, their G League affiliate, McMenamin notes. Williams may end up as an affiliate player if he doesn’t land in one of the club’s two-way slots.

While the Cavs will have a full 20-man roster after finalizing Williams’ deal, the signing won’t preclude a pursuit of Dwyane Wade, who is on track to clear waivers on Wednesday. Cleveland would need to waive or trade a player to add Wade, but such a move would have been necessary by opening night anyway if Wade chooses the Cavs, since the team already has 15 players on fully guaranteed contracts.

Warriors Reached Out To Dwyane Wade

September 26th, 2017 at 1:01pm CST by Luke Adams

Dwyane Wade appears likely to strike a deal with the Cavaliers at some point this week, but several teams reached out to express interest in him after he reached a buyout agreement with the Bulls, and one of those clubs was the Warriors, reports Alex Kennedy of HoopsHype.

According to Kennedy, while Golden State displayed interest in Wade, the discussions between the two sides didn’t last long. The former Finals MVP has conveyed to potential suitors that he wants to have a substantial role on a contending team, and the Warriors didn’t make it clear what sort of role would be available for him in Golden State.

With or without Wade, the Warriors will head into the 2017/18 season as massive title favorites, so adding another future Hall-of-Famer to their roster seems unnecessary. Still, it makes sense that the team would do its due diligence. The Dubs don’t have any cap room or exceptions, but Wade’s primary suitors – the Cavaliers and Thunder – are expected to make minimum salary offers, which Golden State could match. If they’d been able to land Wade, the Warriors also would have kept him away from a Cavs club that they’ve faced in the NBA Finals for three consecutive years.

Despite league-wide interest, Wade looks like a very good bet to join the Cavaliers sometime after he clears waivers on Wednesday, as we detailed earlier today.

Cavaliers, Dwyane Wade Nearing Agreement

September 26th, 2017 at 11:08am CST by Luke Adams

11:08am: Wade is nearing a commitment to sign with the Cavaliers, and could finalize his decision as soon as Wednesday, reports ESPN’s Adrian Wojnarowski (via Twitter).

10:29am: Dwyane Wade is strongly leaning toward signing with the Cavaliers when he becomes a free agent, and may in fact have already made the decision to join old friend LeBron James in Cleveland, league sources tell Joe Vardon of Cleveland.com. Wade is on track to clear waivers on Wednesday.

Although Wade is expected to receive interest from several other clubs, including the Spurs, Thunder, Heat, and Lakers, the Cavs have been cited as the frontrunner for his services since even before his buyout with the Bulls was finalized.

One prominent league source with knowledge of Wade’s thinking tells Vardon that the future Hall-of-Famer has “no intention of going anywhere else” besides Cleveland. Meanwhile, Joe Cowley of The Chicago Sun-Times hears from a front office source in Chicago that the Bulls also anticipated Wade would ultimately land with James and the Cavaliers.

While the Cavs can’t offer as much money as the Heat, Lakers, or Spurs, Cleveland almost certainly offers Wade a better chance to compete for a title than any of those clubs, not to mention an opportunity for a reunion with James, his good friend and former teammate. The Thunder would be an intriguing destination for Wade, with Carmelo Anthony and Paul George reportedly recruiting the veteran guard, but Oklahoma City is limited to the minimum salary.

The Cavs will likely end up offering Wade the minimum as well. The team has about $2.55MM left on its taxpayer mid-level exception, but the difference between that figure and Wade’s minimum salary ($2.33MM) would be marginal. Additionally, the NBA would pick up part of the tab on a minimum salary deal, leaving only about $1.471MM on the Cavs’ books, which will be a key consideration as the team tries to keep its projected tax bill in check.

If the Cavs do sign Wade, they’ll have to trade or waive a player with a fully guaranteed contract before the regular season begins. Cleveland is currently carrying 15 such players, so adding Wade would take them over the opening-night limit.

Bulls Buy Out Dwyane Wade

September 25th, 2017 at 4:25pm CST by Austin Kent

SEPTEMBER 25, 4:25pm: Wade has been formally placed on waivers, Shams Charania of The Vertical tweets. He will clear waivers on Wednesday, Charania adds.

SEPTEMBER 24, 8:36pm: The Bulls and Dwyane Wade have reached an agreement on a buyout, K.C. Johnson of the Chicago Tribune tweets.

The early favorites for Wade’s services are the Spurs, Cavaliers and Heat, Adrian Wojnarowski of ESPN tweets. Miami is currently positioned to pay him the most money this season.

Within minutes, Wojnarowski followed up with another tweet saying that Cleveland was a “clear frontrunner.”

Per Bobby Marks of ESPN, the Heat can sign Wade for $4.2MM and the Spurs can sign him for $3.3MM. The Cavaliers at $2.5MM could pay little over the veteran’s minimum.

The idea of Wade suiting up elsewhere in 2017/18 has been a popular topic ever since the organization traded Jimmy Butler to the Timberwolves earlier this summer.

It’s been said that Wade felt misled by the organization at the beginning of the offseason, given assurances that the team would remain competitive in his final year with the squad should he opt into his 2017/18 player option.

Wade, of course, did opt in but the Bulls soon changed course, trading Butler for a package centered around Zach LaVine and Minnesota’s No. 7 overall pick.

In the months since, the Bulls and Wade have gone back and forth in seemingly amicable negotiations.

Per Wojnarowski (also on Twitter), Wade will forfeit about $8MM of his $23.8MM contract, leaving the Bulls on the hook for around $16MM through 2017/18.

Considering that Chicago currently runs the risk of falling below the salary floor for the season, keeping the bulk of the veteran’s deal on their books isn’t particularly cumbersome.

Chicago came to an agreement with Nikola Mirotic earlier today that would have pushed the Bulls above the $89.2MM floor but the Wade buyout will drop them below yet again as training camps around the league begin in earnest.

Photo courtesy of USA Today Sports Images.

Paul George Aggressive In Pursuit Of Dwyane Wade

September 25th, 2017 at 2:27pm CST by Arthur Hill

The Cavaliers, Thunder and Heat were consider the early favorites to sign Wade, but the competition may be more intense than originally believed, according to Tim Reynolds of The Associated Press (Twitter link), who adds that “many more teams” are pursuing him.

Cavaliers Hope To Have Isaiah Thomas Back By Christmas

September 25th, 2017 at 12:19pm CST by Arthur Hill

The Cavaliers are optimistic that Isaiah Thomas can recover from injuries to his right hip in time for their Christmas game with Golden State, relays Joe Vardon of Cleveland.com.

The two-time All-Star has reportedly made “real progress” in rehab since joining the team in late August. Thomas was part of the package that Cleveland received from Boston in return for Kyrie Irving, and a dispute over Thomas’ medical condition help up the deal for about a week.

Cavaliers officials refused to answer questions about Thomas’ hip in a press conference after the deal was completed and offered no timetable for a possible return. Today’s news is the first indication of when he might be ready to play again.

Thomas suffered a torn labrum during the season and aggravated the injury in the Eastern Conference Finals, forcing him to miss the end of the series. It has been reported that he also has a loss of cartilage and some arthritis, which has slowed the recovery process.

Thomas has used a multi-faceted rehab plan to try to get back on the court, Vardon writes. In addition to weightlifting and stretching, he has been running in a pool and on a weightless treadmill and taking stationary shots on the court.

Thomas’ condition affects more than just the Cavaliers’ season. He is hoping for a max contract in free agency next summer after making about $6.3MM this year.

In other news out of Cleveland today:

Coach Tyronn Lue says free agent addition Derrick Rose will be the starting point guard until Thomas returns, Vardon tweets. The former MVP agreed to a one-year, minimum salary deal with Cleveland in July after spending one year with the Knicks.
The team has named Bernie Bickerstaff senior advisor of basketball operations, according to Dave McMenamin of ESPN (Twitter link).

Latest On Dwyane Wade

September 25th, 2017 at 10:52am CST by Luke Adams

The Bulls reached a buyout agreement with Dwyane Wade on Sunday, and while that transaction hasn’t yet been made official, the future Hall-of-Famer is expected to be waived and reached the free agent market very soon.

We heard on Sunday night that the Cavaliers are the early frontrunners for Wade’s services, and that hasn’t changed today — Alex Kennedy of HoopsHype notes (via Twitter) that LeBron James and other Cavs are recruiting the veteran guard, and TNT’s David Aldridge tweets that there’s a “strong belief” Wade will end up in Cleveland.

Still, the Cavs will hardly be the only team in the running for Wade. Let’s dive in and round up all the latest on the situation…

Carmelo Anthony and Paul George have started recruiting Wade on behalf of the Thunder, sources tell Kennedy (Twitter link). The Lakers are also among the teams that have reached out to Wade, Kennedy adds (via Twitter).
The Heat would welcome back Wade with open arms, with one player suggesting that the locker room is “100% hoping it happens,” tweets Tim Reynolds of The Associated Press. However, Miami hadn’t formally reached out as of Sunday night, per Kennedy (Twitter link).
Speaking to Reynolds, Wade indicated on Sunday night that he’s looking to find a new NBA home quickly. “I’m going to take tonight and some of tomorrow and speak to the teams or players that are on my list and go from there,” Wade said on Sunday night. “My decision is a pure basketball decision and I’ll make the one that fits me best at this point in my career, and with what I feel I have to offer a team that needs what I have to offer.”
In a conversation with K.C. Johnson of The Chicago Tribune, Wade praised the Bulls and said he had no complaints about the way the franchise dealt with him, though he questioned the club’s decision to trade Jimmy Butler and embark on a full-fledged rebuild. “You’ve got one of the top five or six players in the game [in Butler],” Wade said. “That’s what you want and you were able to build that in-house. I was a little disappointed because being up 2-0 versus Boston on the road, Rondo goes down. If that doesn’t happen, we’re having a different conversation.”

Cavaliers Sign Kendrick Perkins To Camp Roster

September 25th, 2017 at 10:27am CST by Luke Adams

SEPTEMBER 25: The Cavaliers have formally signed Perkins, according to the official camp roster released today by the club.

SEPTEMBER 21: Veteran center Kendrick Perkins was in attendance at LeBron James‘ Cavaliers mini-camp in Santa Barbara this week, and received an invitation to come to training camp with the club, a source tells Joe Vardon of Cleveland.com. According to Vardon, Perkins will join the Cavs in camp, though he’s unlikely to make the regular season roster.

Perkins, who will turn 33 in November, last played in the NBA during the 2015/16 season for the Pelicans, averaging 2.5 PPG and 3.5 RPG in 37 regular season contests (14.6 MPG). Although he was unable to find an NBA home in 2016/17, Perkins isn’t ready to call it a career yet, and is looking to make a comeback.

A longtime starter for the Celtics and Thunder, Perkins posted very modest numbers during his last couple years in the league, and his skill-set doesn’t make him a great fit in the modern NBA. Still, it’s possible his locker room presence and leadership would make him worth a spot on some team’s 15-man roster.

That team likely won’t be the Cavaliers, however. After their Kyrie Irving trade with the Celtics, Cleveland has 15 players with fully guaranteed salaries on its roster, and that number doesn’t include youngsters Kay Felder or Edy Tavares.

Central Notes: Thompson, Cavaliers, LaVine, Collins, Pistons

September 24th, 2017 at 4:59pm CST by marksuleymanov

Before the Knicks traded Carmelo Anthony to the Thunder, the Cavaliers were another potential suitor for his services. New York wanted Cleveland center Tristan Thompson in a deal for Anthony but the Cavaliers rejected that offer, according to Joe Vardon of Cleveland.com.

The Knicks wanted cost-friendly, young, and productive assets in exchange for Anthony. Thompson, 26, is under contract for three seasons but will make a hefty salary, starting with $16.4MM in 2017/18. Vardon reports that Cleveland was willing to part with other sizeable contracts on the roster — primarily Iman Shumpert and his $11MM salary — but no deal was reached.

New York still acquired a young, controllable center for Anthony as Enes Kanter came to New York in the deal. Kanter will take in nearly $20.6MM this upcoming season and holds an $18.6MM player option for 2018/19.

Read more news from the Central Division:

In his latest mailbag, Vardon answered several questions about the Cavaliers ahead of training camp. Vardon believes it is possible that the team trades Brooklyn’s 2018 first-round pick (acquired in the Kyrie Irving trade) for an elite talent.
Zach LaVine, who was acquired from the Timberwolves in the Jimmy Butler deal, is coming off a serious injury as he prepares for his first season in Chicago. However, former Bulls head coach and current Timberwolves head coach Tom Thibodeau feels that LaVine, still just 22 years old, has tremendous upside, Joe Cowley of the Chicago Sun-Times writes.
During a recent podcast, Cowley spoke about what the hiring of Doug Collins as a senior adviser for the Bulls means for the team.
NBA.com’s Sam Smith previews the Bulls’ 2017/18 season by examining how the team’s mostly young core will develop.
NBA.com’s Keith Langlois looks at several storylines entering the Pistons‘ season. Among those storylines include Avery Bradley adjusting to Detroit, Luke Kennard‘s first impressions, and Reggie Jackson returning to form.