Cleveland Cavaliers Rumors | Hoops Rumors

Free Agent Rumors: Oubre, Jones, Brooks, Smith, Giles

July 15th, 2023 at 1:43pm CST by Rory Maher

The Mavericks are actively looking to improve their roster and have shown “exploratory interest in several free agent forwards,” including veterans Kelly Oubre and Derrick Jones Jr., league sources tell Michael Scotto of HoopsHype.

Although Dallas technically still has a good chunk of its full mid-level exception available, the team has yet to sign first-rounder Olivier-Maxence Prosper, and once that occurs the Mavs will be pretty close to the luxury tax line. They do have an open standard roster spot and could offer a free agent more money than the veteran’s minimum, but not much more unless other moves are made.

On a related note, Scotto confirms that the Mavs continue to shop Tim Hardaway Jr. and JaVale McGee in trade talks. Recent rumors have indicated Dallas tried to package Hardaway and McGee to the Pistons for Bojan Bogdanovic and Killian Hayes.

Scotto hears Detroit was looking for “essentially two first-round picks” in exchange for Bogdanovic last season, though Hayes could available with a glut of guards on the Pistons’ roster.

Here are more free agent rumors from Scotto:

Free agent guard Armoni Brooks, who has been playing well for the Nets in Summer League, could be a candidate for a two-way deal from Brooklyn, according to Scotto. However, if that doesn’t transpire, the 25-year-old has also drawn interest from “multiple EuroLeague teams,” Scotto reports. Brooks holds two years of NBA experience with the Rockets and Raptors. He played for Atlanta’s G League affiliate, the College Park Skyhawks, in 2022/23.
League sources tell Scotto that the Hornets offered Dennis Smith Jr. more than the veteran’s minimum to return to Charlotte, but the Nets reached out to the point guard right after free agency opened and he saw an opportunity for more playing time in Brooklyn. The fact that he was a priority for the Nets also appealed to the former lottery pick, says Scotto.
The Pistons, Cavaliers, Knicks and Bucks were among the teams who watched Harry Giles‘ recent workout in Las Vegas, sources tell Scotto. Darren Wolfson of 5 Eyewitness News recently reported that members of the Timberwolves attended as well, which Scotto confirms. A former first-round pick, Giles has been out of the league the past two seasons after playing with the Kings and Trail Blazers from 2018-21. Still just 25 years old, Giles recently discussed his attempt to make it back into the NBA.

Ricky Rubio Considering Return To Spain in 2024?

July 11th, 2023 at 4:01pm CST by Luke Adams

Could this be Ricky Rubio‘s last season in the NBA? According to a report from Spanish outlet Mundo Deportivo, the veteran point guard is considering returning to his home country and playing for Barcelona in 2024. Rubio is under contract with the Cavaliers for two more seasons, though his ’24/25 salary is only partially guaranteed.

NBA Reveals Dates, Groups For In-Season Tournament

July 8th, 2023 at 7:40pm CST by Arthur Hill

The NBA has announced the five-team groups that will used for the league’s first-ever in-season tournament, writes Tim Bontemps of ESPN. The unveiling took place Saturday during a special episode of ESPN’s “NBA Today” held at “NBA Con” in Las Vegas.

The groups were determined in a draw similar to what is used in soccer’s World Cup. There are six groups — three each from the Eastern Conference and Western Conference — and each conference was split into five pots based on last season’s standings. One team was randomly selected from each of the pots to determine the opening-round matchups.

The results are:

Group 1: Sixers, Cavaliers, Hawks, Pacers and Pistons.
Group 2: Bucks, Knicks, Heat, Wizards and Hornets.
Group 3: Celtics, Nets, Raptors, Bulls and Magic.
Group 4: Grizzlies, Suns, Lakers, Jazz and Trail Blazers.
Group 5: Nuggets, Clippers, Pelicans, Mavericks and Rockets.
Group 6: Kings, Warriors, Timberwolves, Thunder and Spurs.

The tournament will start with group play, which will match each team with the other four in its grouping. Those games will take place on Nov. 3, 10, 14, 17, 21, 24 and 28.

The winner of each group will advance to a knockout round, joined by the team with the best record in each conference among those who didn’t win a group. Quarterfinal games will be played Dec. 4 and 5, hosted by the higher-seeded teams. The four winners in that round will move on to T-Mobile Arena in Las Vegas for the Dec. 7 semifinals and the Dec. 9 championship game.

Bontemps points out that all teams will play within their conference until the last game, which guarantees an East vs. West matchup, just like the NBA Finals.

“Everybody’s not going to buy in right away,” admitted Joe Dumars, the NBA’s executive vice president of basketball operations. “So that can’t be the goal that everybody’s going to buy in from day one. These things take time. And I think, as time goes on, I think you can build this up and people can really get into it.”

The championship trophy will be called the NBA Cup, and players will receive $500K each for winning it. Other prize money includes $200K for second place, $100K for losing in the semifinals and $50K for losing in the quarterfinals. The league opted not to provide other incentives, such as a guaranteed playoff spot, for the tournament winner.

We passed along more details on the in-season tournament right here.

Cavaliers Notes: Mitchell, Roster Moves, Garland, Bates

July 8th, 2023 at 5:16pm CST by Arthur Hill

Friday marked the first day the Cavaliers were permitted to submit an extension offer to Donovan Mitchell, writes Chris Fedor of Cleveland.com. The All-Star guard has two years left on his current contract, along with a $37MM player option for 2025/26. President of basketball operations Koby Altman hopes to iron out a long-term agreement this summer and shut down rumors that the New York native has an eye on eventually joining the Knicks in free agency.

Altman said the front office will have “internal discussions” about the details of an extension that he hopes will appeal to Mitchell. He added that keeping a competitive roster around Mitchell is the best way to make him want to stay in Cleveland.

“He’s really, really happy here and he’ll tell you that,” Altman said. “All I can go off is Donovan’s actions and his intentions. He’s with us in Vegas right now. He’s super excited about the future. He’ll be at the game tonight. He’s been in Cleveland multiple times this offseason already. He’s worked out with guys, he’s bringing guys with him wherever he is. All you can go off are those actions and how genuine he talks about his experience in Cleveland. I think he sees the runway of the players around him and the youth around him. All I can go off is his actions and his intentions and they’ve all been really genuine.”

There’s more on the Cavaliers:

Altman told reporters that Mitchell helped with recruiting during free agency, Fedor relays. Cleveland was able to re-sign Caris LeVert, bring in Max Strus in a sign-and-trade and add Georges Niang and Ty Jerome, even though Fedor notes that they all had other options. “This is the team they wanted to come to,” Altman said. “They saw the fit. They saw the upside. They think that we can go a long way.”
Altman pledged to keep the core of last year’s team together and dismissed speculation that he was considering offers for Darius Garland, calling it “the most crazy rumor you’ve ever heard in your life,” Fedor adds.
The Cavs are hoping for gradual progress from second-round pick Emoni Bates, Fedor states in a separate Cleveland.com story. Bates, who was once considered the top high school prospect in the nation, is hoping to re-establish himself after struggling through two collegiate seasons. “There’s no expectation here,” Altman said. “Don’t have to come in here and shock the world. Really learn from this group and have fun again. If he blossoms into a rotational player down the road that can really help us space the floor and shoot, which I think is one of his best traits, that’d be great. But no expectation for him and certainly have patience and let him grow.”

Jazz Trade Damian Jones To Cavaliers

July 8th, 2023 at 12:39pm CST by Luke Adams

JULY 8: The trade is official, according to the Cavaliers, who announced in a press release that they sent cash to the Jazz to complete the deal.

JULY 1: The Jazz have agreed to trade center Damian Jones to the Cavaliers, reports Adrian Wojnarowski of ESPN (Twitter link).

It’s not yet clear what Utah will receive in the deal, but according to Wojnarowski (Twitter link), Cleveland is acquiring Jones without sending out a player of its own. That’s possible because the big man is in the second year of a two-year, minimum-salary contract, so his salary can be taken on using the minimum salary exception.

Jones picked up his $2,586,665 player option for the 2023/24 season last week.

A former first-round pick, Jones signed with the Lakers last offseason after playing for five different teams in his first six NBA seasons, then was sent to the Jazz in the three-team trade-deadline deal involving D’Angelo Russell, Russell Westbrook, and Mike Conley.

Jones saw more regular playing time in Utah than he had in Los Angeles, averaging 4.6 points and 3.5 rebounds in 15.8 minutes per contest in his 19 appearances for the Jazz. In total, he played in 41 regular season games and averaged 3.5 PPG and 3.0 RPG in 11.6 MPG.

The Cavaliers have been active in the last 24 hours, but their moves have focused on the wing (Caris LeVert, Max Strus) and forward (Georges Niang) spots. Jones will provide some additional size in the frontcourt behind starting bigs Jarrett Allen and Evan Mobley.

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.