Cleveland Cavaliers Rumors | Hoops Rumors

Stein’s Latest: Wood, Saric, Bol, Mavs, Pelicans, Reed

July 7th, 2023 at 10:50pm CST by Rory Maher

Christian Wood and Dario Saric are two of the top unrestricted free agents who have yet to find new teams. There’s a good reason for that, according to Marc Stein at Substack: Both big men have only received contract offers for the veteran’s minimum thus far and are presumably looking for more money.

Stein says Saric will likely land with the Warriors if he’s unable to find a higher-paying offer. The Croatian big man is reportedly Golden State’s top remaining target.

Here’s more from Stein:

The Magic released Bol Bol on Tuesday and he cleared the waiver wire despite having a relatively modest $2.2MM salary. The Suns have a “level of interest” in the 7’2″ big man, according to Stein. John Gambadoro of Arizona Sports 98.7 FM said on Thursday (via Twitter) that he believed Phoenix might “take a hard look” at potentially signing Bol. Jake Fischer of Yahoo Sports reported when Bol was waived that the Suns contemplated trading for him on the night of last month’s draft.
The Mavericks aren’t done reshaping their roster this offseason, Stein reports. Dallas is expected to trade Tim Hardaway Jr. at some point, with JaVale McGee another candidate to be on the move, whether it’s via trade or being waived. Stein also hears Theo Pinson‘s time with the Mavs is likely over. The veteran guard remains an unrestricted free agent.
The Pelicans are just above the luxury tax threshold and have reportedly been active in trade talks for weeks. Like Fischer, Stein hears New Orleans is shopping guard Kira Lewis Jr. and center Jonas Valanciunas, with Lewis’ name surfacing more frequently in recent days. The Pelicans also unsuccessfully attempted to pry Jarrett Allen away from the Cavaliers, according to Stein.
There hasn’t been much buzz about possible offer sheets for restricted free agent Paul Reed, but Stein writes that the Jazz are worth monitoring. However, the Sixers are reportedly keen on retaining Reed, so it’s unclear if that might work out for Utah. The Jazz also already have several frontcourt players, so Reed would be a bit of an odd fit from a roster standpoint.

Contract Details: Poeltl, Strus, Love, Robinson, Walsh, R. Lopez

July 7th, 2023 at 7:25pm CST by Luke Adams

Jakob Poeltl‘s four-year contract with the Raptors has a flat base value of $19.5MM per year, for a total of $78MM, tweets Blake Murphy of Sportsnet.ca. There are $500K in annual incentives currently considered unlikely to be earned — if Poeltl maxes out those bonuses, it’ll be worth $80MM. As previously reported, the fourth year is a player option.

Murphy adds that Jalen McDaniels‘ two-year deal is, as expected, worth the full amount of the bi-annual exception and is fully guaranteed, with no options on the second year.

Here are a few more details on recently signed contracts that Hoops Rumors can confirm:

Max Strus‘ four-year contract with the Cavaliers, which has a total value of $62.3MM, has a first-year salary of $14,487,684. That means the trade exception created by the Heat in the sign-and-trade deal is worth $7,243,842, half of Strus’ salary, due to base year compensation rules.
Kevin Love‘s two-year deal with the Heat is worth the full Non-Bird amount — $3.84MM in year one and $4.03MM in year two (with a player option). That represents 120% of his minimum salary.
Orlando Robinson‘s two-year, minimum-salary contract with the Heat is only partially guaranteed for $75K in 2023/24. That guarantee will increase to $425K if he remains under contract through the start of the regular season and to $850K if he’s not waived on or before December 1. Because Robinson’s current guarantee is only $75K, he’d be eligible for a two-way deal if he’s waived before the regular season.
Jordan Walsh‘s four-year deal with the Celtics is worth the minimum in all four seasons. It’s fully guaranteed in the first two years, with a $200K partial guarantee in year three.
Robin Lopez‘s minimum-salary contract with the Bucks is for one year.
We’re continuing to update our free agent tracker and our list of draft pick signings with contract details as we learn them.

Cavaliers Sign Emoni Bates To Two-Way Deal

July 7th, 2023 at 1:02pm CST by Luke Adams

The Cavaliers have officially signed second-round pick Emoni Bates to a two-way contract, the team announced today in a press release.

A former consensus five-star recruit and one of the top high school prospects in the country, Bates saw his stock slip when he averaged 9.7 points per game on .386/.329/.646 shooting as a freshman at Memphis in 2021/22, then was arrested on gun charges in September 2022.

Bates ultimately had his felony charge reduced to a misdemeanor and was sentenced to 18 months of probation. The 6’10” forward had a bounce-back season on the court in 2022/23 after transferring to Eastern Michigan, putting up 19.2 PPG on .405/.330/.782 shooting in 30 games (33.8 MPG). He declared for the draft as an early entrant following his sophomore year and was selected 49th overall by Cleveland.

While he’s no longer viewed as a future NBA star, the former High School Player of the Year still has intriguing upside. He’ll likely begin his professional career by seeing plenty of action for the Cleveland Charge, the Cavaliers’ G League affiliate, as a rookie.

The Cavaliers, who also confirmed the signings of Isaiah Mobley and Craig Porter to two-way deals, have become the second NBA team to fill all three two-way slots, joining the Lakers. The new Collective Bargaining Agreement allows clubs to carry up to three players on two-way contracts instead of just two.

Craig Porter's Two-Year Deal Covers Two Years

July 7th, 2023 at 7:24am CST by Luke Adams

A pair of two-way contracts that have been signed early in the 2023/24 league year will cover two seasons instead of just one. Craig Porter‘s deal with the Cavaliers and Jaylen Martin‘s agreement with the Knicks are each for two years, per Keith Smith of Spotrac (Twitter links).

Cavs Acquire Max Strus In Three-Team Sign-And-Trade

July 6th, 2023 at 4:01pm CST by Luke Adams

JULY 6: The trade is official, the Heat announced (via Twitter). As part of the deal, Miami will also swap second-round picks with the Spurs, with Miami receiving a 2027 selection and San Antonio receiving a 2026 pick. The Cavs are also sending cash to the Spurs.

JULY 1: The Cavaliers, Heat, and Spurs have agreed to a three-team deal that will land Max Strus in Cleveland via sign-and-trade, reports Adrian Wojnarowski of ESPN (Twitter link). Agent Mark Bartelstein tells Wojnarowski that Strus has agreed to a four-year, $63MM contract with the Cavs.

Miami will acquire a second-round pick and will create a trade exception in the deal, while San Antonio will receive Cedi Osman, Lamar Stevens, and a second-round pick, according to Wojnarowski.

The second-rounder going to Miami is the Lakers’ 2026 pick, while the one headed to San Antonio is Cleveland’s 2030 selection, reports Chris Fedor of Cleveland.com.

Strus had been repeatedly mentioned as a top target for the Cavs in the days and hours leading up to free agency. A report on Thursday indicated Cleveland hoped its $12.4MM mid-level exception would be enough to land the 27-year-old, but with rumors suggesting his market was above the MLE, a report on Friday suggested the Cavs were looking into three-team sign-and-trade scenarios.

Right before free agency opened, Marc Stein reported that a scenario in which the Cavs sign-and-trade for Strus and use their mid-level exception to add Georges Niang appeared “increasingly likely.” Sure enough, Cleveland is poised to add both players, having reached an agreement with Niang on Friday night.

A former undrafted free agent who had brief stints in Boston and Chicago early in his career, Strus blossomed into a reliable rotation player in Miami during the last two seasons. In 148 games since the start of 2021/22, he has averaged 11.1 points and 3.1 rebounds in 26.1 minutes per night, with a shooting line of .423/.376/.845. He moved ahead of Duncan Robinson in the Heat’s rotation during that time in large part due to his more stable presence on defense.

The Cavs had been on the lookout for a wing to complement starters Donovan Mitchell, Darius Garland, Jarrett Allen, and Evan Mobley for the better part of the year. Strus should slot into that role nicely along with Caris LeVert, who also agreed to return to Cleveland.

In moving off Osman and Stevens in this trade, the Cavs should still be about $12.5MM below the luxury tax line with 10 players on the books, tweets Yossi Gozlan of HoopsHype.

The Heat, who project to be a taxpayer in 2023/24, had been bracing for Strus’ departure, recognizing that they weren’t prepared to match his price on the open market. They reportedly didn’t want to take any salary back in a sign-and-trade and were able to achieve that goal. The traded player exception they generate as part of the transaction will be worth half of Strus’ first-year salary — based on the reported terms of his deal, that TPE should come in at about $7MM.

As for the Spurs, they entered the day with more leftover cap room than any other NBA team and will use a portion of it to add a second-round pick and two forwards who are on expiring contracts and who should be in the mix for rotation roles if they remain on San Antonio’s roster.

Osman, who will earn $6.7MM in 2023/24 before reaching unrestricted free agency, has been a rotation player in Cleveland for the last six seasons, averaging 9.7 PPG, 3.0 RPG, and 2.0 APG with a .353 3PT% in 404 games (23.6 MPG) during that time.

Stevens, a solid defensive wing who doesn’t provide much on offense, has a $1.93MM non-guaranteed salary — some or all of that money will become guaranteed as part of this deal in order to satisfy the NBA’s salary-matching rules.

The Spurs will still have approximately $23-26MM in cap space available.

Northwest Notes: Lillard, Rupert, Reid, Gillespie

July 6th, 2023 at 9:03am CST by Arthur Hill

In an effort to steer Damian Lillard to the Heat, agent Aaron Goodwin has been contacting other teams and warning them not to pursue a trade with the Trail Blazers, according to ESPN’s Adrian Wojnarowksi. Several executives around the league told Wojnarowski that Goodwin is claiming Lillard won’t be happy if he gets dealt anywhere but Miami.

General managers have insisted to Woj that the tactic is fairly common and won’t impact their interest in a potential Lillard deal. He remains under contract, and the opinion throughout the league is that he’ll play equally well no matter where he winds up.

The two-year, maximum-salary extension that Lillard received last summer makes it more difficult for Portland to find value in return for its star guard, Wojnarowski adds. Although Lillard is under contract through 2026/27, his salary for that season will be more than $63MM, which a lot of teams don’t want to take onto their cap.

Some progress toward a Lillard deal could be made this week as executives gather for the Las Vegas Summer League, but Wojnarowski doesn’t expect a quick resolution. He suggests it may take most of the summer for Portland to find an acceptable offer and that Miami’s best chance could be for the process to drag on so long that other teams in the market for Lillard drop out of the bidding.

There’s more from the Northwest Division:

Rayan Rupert‘s new contract with the Trail Blazers is fully guaranteed for two seasons and carries a team option for the third year, tweets Michael Scotto of HoopsHype. The New Zealand Breakers star was selected with the 43rd overall pick.
The Spurs or Cavaliers might have offered him more, but Naz Reid was happy to bypass free agency in favor of a three-year extension with the Timberwolves, per Chris Hine of The Star Tribune. Reid was hoping to remain in Minnesota after spending his first four NBA seasons there. “I started my career here. I wanted to continue my career here,” Reid said. “I’ve gotten better each and every year here as well, so it only made sense. I didn’t want to go anywhere else and continue my journey, as far as I’ve gone. I’ve felt all my teammates and coaches and everybody has been great to me.”
Collin Gillespie is eager to show the Nuggets what he can do after suffering a lower left leg fracture last summer, writes Ryan McFadden of The Denver Post. Gillespie received a two-way contract and remained on Denver’s roster even though he wasn’t able to play. “When I got injured, I was like ‘Man, this is not good,’” he said. “But it just tells you about the organization (and) what kind of people they are. It’s a special organization. I was extremely grateful that they stuck with me.”

Mavericks Make Three Additions To Coaching Staff

July 4th, 2023 at 8:01pm CST by Dana Gauruder

The Mavericks have added three assistants to their staff.

Alex Jensen, who had been with the Jazz since 2013, is leaving Utah to join Jason Kidd’s staff, according to Adrian Wojnarowski of ESPN (Twitter link). Bryan Gates is also coming to Dallas as an assistant, Wojnarowski adds in another tweet. Josh Broghamer is another newcomer to Dallas, according to Marc Stein (Twitter link).

Jensen played a major role in Rudy Gobert‘s development, tweets Tim MacMahon of ESPN, noting that rookie big man Dereck Lively should “benefit tremendously” from Jensen’s tutelage.

Prior to his stint in Utah, Jensen was the first coach for the G League Canton Charge.

Gates spent the past two seasons as an assistant with the Suns under Monty Williams. He has also worked as an NBA assistant in Sacramento (2009-10 and 2016-19), New Orleans (2010-15) and Minnesota (2015-16 and 2019-21).

Broghamer comes over from the Cavaliers, where he served as the director of advance scouting and player development. He previously worked for the Bucks when Kidd was their head coach.

The Mavericks let go of three assistants after failing to make the playoffs, Callie Caplan of the Dallas Morning News notes. Lead offensive assistant Greg St. Jean, shooting coach Peter Patton and Quinton Crawford were not retained. Patton has since joined the Bulls’ staff, while Crawford wound up with the Suns.

Central Notes: Pistons, Cavs, Pacers, Craig

July 4th, 2023 at 10:16am CST by Luke Adams

The Pistons didn’t have the “loud and exciting” free agency that some fans were anticipating, but they’ve added veteran depth to their young roster, according to James L. Edwards of The Athletic, who notes that former lottery picks like Marvin Bagley III, James Wiseman, and Killian Hayes project to be low enough on the depth chart that they’ll have to earn their minutes.

Edwards does believe that all three of Bagley, Wiseman, and Hayes are candidates to be traded before or during the 2023/24 season. While more established veterans like Bojan Bogdanovic or Alec Burks could theoretically be moved too, none of the public statements made by general manager Troy Weaver about the team’s roster suggests that’s in the cards at this point, Edwards writes.

Here’s more from around the Central:

The Cavaliers‘ 2023 offseason hasn’t been as splashy as in 2022, when the club acquired Donovan Mitchell. However, the team has accomplished virtually everything it set out to do by lining up deals to add a starting-caliber wing (Max Strus), a frontcourt shooter (Georges Niang), and a reserve center (Damian Jones), says Chris Fedor of Cleveland.com. The club also re-signed its own top free agent, Caris LeVert, and will bring in a player Koby Altman has targeted in the past: Ty Jerome. Cleveland tried to sign Jerome to a two-way contract a year ago, per Fedor, but he joined Golden State instead.
The Cavaliers announced minor some changes within their front office, having promoted Brendon Yu to be the team’s director of scouting. Yu previously held the position of Cleveland Charge general manager, a role that will be taken over by Liron Fanan, the first female G League GM in team history.
Some of the top forwards on the free agent market – including Harrison Barnes and Kyle Kuzma – may have used the Pacers‘ interest as leverage to get better deals with their own teams, notes Dustin Dopirak of The Indianapolis Star. Still, even if it wasn’t Indiana’s Plan A in free agency, Bruce Brown and Obi Toppin represent solid additions who won’t necessarily compromise the team’s financial flexibility beyond 2023/24, as Dopirak details.
Besides being able to play both forward spots and defend multiple positions, Torrey Craig will also bring some much-needed shooting to the Bulls, writes Darnell Mayberry of The Athletic. As Mayberry observes, Chicago has ranked dead last in the NBA in each of the two seasons. Craig, who agreed to a two-year deal with the team, made a career-best 39.5% of his attempts from beyond the arc last season.

Cavs Sign Isaiah Mobley, Craig Porter To Two-Way Deals

July 4th, 2023 at 8:56am CST by Luke Adams

The Cavaliers have filled two of their three two-way slots for the 2023/24 season by signing forward Isaiah Mobley and guard Craig Porter to two-way contracts, per NBA.com’s official transaction log.

Neither move comes as a surprise. Mobley was on a two-way deal last season and received a two-way qualifying offer last week that made him a restricted free agent. As for Porter, his agreement with Cleveland was reported shortly after he went undrafted on June 22.

Mobley, the older brother of rising Cavs star Evan Mobley, appeared in just 12 games and logged 84 total minutes at the NBA level last season after being drafted 49th overall out of USC. He played a much bigger role for the Cleveland Charge, the Cavs’ G League affiliate, averaging 21.0 points, 8.6 rebounds, and 4.0 assists with a .517/.353/.730 shooting line in 33.2 minutes per game across 22 regular season contests.

Porter, who went undrafted out of Wichita State, was a fifth-year senior who played three seasons with the Shockers after transferring from Vincennes. He had by far his best year in 2022/23, averaging 13.5 points, 6.2 rebounds and 4.9 assists in 31 games (33.6 MPG) and earning third-team All-AAC honors.

The Cavs have one open two-way slot left and it’s not yet clear who will fill it. Last season’s other two-way player, Mamadi Diakite, didn’t receive a qualifying offer, so No. 49 pick Emoni Bates looks like the leading candidate, unless he earns a spot on the standard 15-man roster.

Free Agency Notes: Collison, Suns, Jerome, White, Cap Room, Joseph

July 2nd, 2023 at 11:52pm CST by Luke Adams

Free agent guard Darren Collison didn’t play in the NBA at all last season and has appeared in just three games since 2019, but he hasn’t given up on earning a spot on an opening-night roster this fall. According to Chris Haynes of TNT and Bleacher Report (Twitter link), Collison worked out last week for the Suns and had a “great showing.”

The Suns, who entered free agency with eight players under contract, have reached deals with seven free agents, so they project to have a full 15-man roster. However, Haynes says the club continues to be “aggressive” in seeking role players.

One way Phoenix could open up a roster spot is by waiving or trading Isaiah Todd, whose inclusion in the Bradley Beal trade seemed to be more about Washington moving off his guaranteed 2023/24 salary than the Suns specifically targeting him. Still, any form of salary dump will be costly for a Suns team that projects to be well over the tax line and doesn’t have any future draft picks left to trade.

Here are a few more notes related to free agency:

The Warriors withdrew their qualifying offer to Ty Jerome, while the Nuggets did the same with Jack White, per RealGM’s transactions log. Reports on Saturday indicated that Jerome had reached a contract agreement with the Cavaliers and that White is poised to sign with the Thunder. With those qualifying offers no longer on the table, the two players are no longer restricted free agents, clearing the path for them to freely join their new teams as unrestricted FAs.
Once coveted for its power to attract a top free agent, maximum-salary cap room no longer has the cachet it once did, according to John Hollinger of The Athletic, who notes that the Rockets were the only team this summer to use a significant chunk of cap space to sign a marquee free agent (Fred VanVleet) to a huge, multiyear deal. Most other teams with room have used it for trades, renegotiations, or smaller (and/or shorter-term) signings. As Hollinger observes, the new contract extension rules in the 2017 CBA have resulted in fewer stars reaching the open market, with 2019 standing out as the last big summer of free agent movement.
Warriors guards Chris Paul and Stephen Curry are 38 and 35 years old, respectively, and have each dealt with injuries over the years. The addition of Cory Joseph, who agreed to a one-year deal with Golden State on Sunday, will help ensure that those veteran stars get the rest they need during the regular season, according to Dalton Johnson of NBC Sports Bay Area, who takes a closer look at what Joseph will bring to the team.