Cleveland Cavaliers Rumors | Hoops Rumors

Cavs To Guarantee Cedi Osman’s 2023/24 Salary

June 29th, 2023 at 10:06am CST by Luke Adams

The Cavaliers will fully guarantee Cedi Osman‘s $6,718,842 salary for the 2023/24 season, reports Adrian Wojnarowski of ESPN (Twitter link).

Osman’s contract called for that full amount to remain non-guaranteed until June 29, so if the Cavs had wanted to avoid being on the hook for that money, they could’ve waived him today. According to Wojnarowski, Cleveland won’t take that route.

Osman, 28, saw his role reduced a little in 2022/23 — the 20.1 minutes per game he averaged this past season represented his lowest mark since his rookie year in 2017/18. He put up 8.7 points, 2.3 rebounds, and 1.5 assists per night across 77 appearances, with a shooting line of .451/.372/.694.

Waiving Osman’s wouldn’t have put the Cavaliers in position to create meaningful cap room or generated necessary breathing room below the tax, so it’s no surprise that the team decided to retain him. Even if the 6’7″ forward isn’t in Cleveland’s long-term plans, his expiring salary could be useful for salary-matching purposes in a trade later this offseason or during the ’23/24 season.

As Bobby Marks of ESPN tweets, the Cavs are currently $37.5MM below the projected luxury tax line, which should give them the flexibility to re-sign Caris LeVert and to use the full $12.4MM mid-level exception while staying out of tax territory.

Osman is on track for unrestricted free agency in 2024 if he doesn’t sign an extension before then.

Wolves’ Garza, Ryan Among Players Receiving Two-Way QOs

June 29th, 2023 at 6:48am CST by Luke Adams

Timberwolves forward Luka Garza and wing Matt Ryan are among several players on two-way contracts who received qualifying offers on Wednesday, according to the official transaction log at RealGM.com.

Besides Garza and Ryan, the following two-way players were issued qualifying offers, making them restricted free agents:

Isaiah Mobley (Cavaliers)
Jared Rhoden (Pistons)
Nico Mannion (Warriors)
Lester Quinones (Warriors)
A.J. Green (Bucks)

The default qualifying offer for a player on a two-way contract is another one-year, two-way deal, with a small partial guarantee.

A player who has four years of experience or who has spent the last two seasons on a two-way contract with the same time becomes eligible for a QO equivalent to a standard, minimum-salary deal. However, none of these seven players fit that bill.

These two-way restricted free agents will have the option of accepting their qualifying offers or trying to negotiate new contracts. They’re all technically eligible to sign offer sheets with new teams, which their current clubs would have the ability to match. However, that outcome has been a rarity for players coming off two-way deals.

While Garza, Ryan, Mobley, Rhoden, Quinones, and Green all finished the 2022/23 season under contract with their respective teams, Mannion has been out of the NBA since 2021 and recently signed with Baskonia in Spain. Having issued him a qualifying offer in each of the last three seasons, Golden State continues to retain Mannion’s RFA rights in the event that he eventually returns stateside.

According to Anthony Slater of The Athletic, the Warriors aren’t expected to tender qualifying offers to Anthony Lamb and Ty Jerome (two-way). The team still has some level of interest in re-signing one or both players, but that interest may hinge on how the free agent market plays out, Slater explains.

Heat Rumors: Vincent, Strus, Lowry, Wood, Herro

June 28th, 2023 at 1:23pm CST by Luke Adams

The Heat have two rotation guards facing unrestricted free agency this week, and Gabe Vincent is considered a better bet to remain in Miami than Max Strus, writes Jake Fischer of Yahoo Sports.

There’s mutual interest in a new deal between the Heat and Vincent, whom the team values at a figure of about $10MM per year, sources tell Yahoo Sports.

As Fischer outlines, teams like the Suns, Pistons, Sixers, and Mavericks initially appeared to be among Vincent’s potential suitors. However, the Suns were probably only in play if they’d been forced to waive-and-stretch Chris Paul, while the Pistons may no longer be in the market for a free agent guard after making a trade for Marcus Sasser on draft night. Philadelphia and Dallas, meanwhile, would have interest in a guard like Vincent if they’re unable to re-sign James Harden and Kyrie Irving, respectively, but for now those stars appear likely to stick with their current teams.

Strus should be more popular on the open market, with cap-room teams like the Pistons, Pacers, and Magic among the possible suitors cited by league personnel, Fischer writes. Some clubs with the full mid-level exception will also have interest in Strus, according to Fischer — he mentions the Cavaliers as one, though he notes that Cleveland is also eyeing free agents like Kelly Oubre and Georges Niang.

ESPN’s Zach Lowe said on his latest Lowe Post podcast that there’s a “ridiculous” amount of Strus buzz happening around the NBA right now. Lowe is confident that Strus will at least get a deal worth the full mid-level exception ($12.4MM) and says a team with cap room might top that figure, which is a point Fischer makes as well. People around the league aren’t expecting Strus to re-sign with the Heat, Fischer adds.

Here’s more on the Heat:

If Miami re-signs Vincent and doesn’t find a trade that requires Kyle Lowry‘s $29.7MM expiring contract, league personnel are preparing for the possibility that the Heat will waive Lowry, says Fischer. A report on Tuesday indicated that the team was considering the possibility of using the stretch provision on the veteran point guard. There’s already speculation about his possible free agent destinations, Fischer says, noting that a return to the Raptors would be a possible path for Lowry in that scenario.
Christian Wood has been continually identified by league personnel as a player who is on the Heat’s radar in free agency, Fischer reports. Wood isn’t expected to re-sign with Dallas.
If the Heat get the opportunity to make a play for Damian Lillard, there’s an expectation that Tyler Herro will be part of the package they offer the Trail Blazers. However, sources tell Chris Mannix of SI.com that Portland is “lukewarm” on Herro. It’s a moot point for now, since the Blazers remain focused on keeping Lillard. But if Dame does request a trade, it could become an important factor in trade talks.

Trade Rumors: LaVine, Garland, Rockets, Clippers, Blazers, Bucks

June 28th, 2023 at 11:38am CST by Luke Adams

The Bulls have engaged with “several” teams about the possibility of a Zach LaVine trade this offseason, but haven’t gotten serious about moving the high-scoring guard, reports Jake Fischer of Yahoo Sports.

As Fischer explains, LaVine’s pricey long-term contract will make potential trade partners wary about giving up a substantial package of players and draft picks, but the Bulls would be seeking a return that far outweighs what Washington got for Bradley Beal last week.

Fischer names the Knicks and Mavericks as possible teams to watch for LaVine, but immediately throws cold water on the likelihood of either club emerging as a legitimate suitor in the near future. New York seems to be taking a more patient approach to building its roster, according to Fischer, who adds that Dallas was viewed as a more serious threat for LaVine before acquiring Kyrie Irving as a co-star for Luka Doncic.

Here are a few more trade-related notes and rumors from around the NBA:

Despite some speculation to the contrary, the Cavaliers haven’t had any discussions about trading Darius Garland and have no intention to move the All-Star point guard, sources tell Chris Fedor of Cleveland.com (Twitter link). The Cavs appear focused on pursuing roster moves that don’t involve trading any of their four cornerstone players (Garland, Donovan Mitchell, Evan Mobley, and Jarrett Allen).
In addition to Kenyon Martin Jr., the Rockets have gauged potential trade interest in young players like Usman Garuba and Josh Christopher, sources tell Fischer.
Norman Powell and Marcus Morris have both been mentioned in recent days as trade candidates. According to Fischer, the Clippers have been canvassing the league to see what a package of both players might return.
No clear suitors have emerged for guard Anfernee Simons, who looks like the Trail Blazers‘ most obvious trade chip, says Fischer. According to Fischer, the Blazers and Cavaliers had some brief talks about Nassir Little prior to the draft, but didn’t gain any real traction toward a deal.
ESPN’s Zach Lowe said on the latest episode of his Lowe Post podcast that the Bucks had some “relatively serious” internal conversations about John Collins before he was dealt to Utah. “I do think Milwaukee is looking around for, like, ‘Can we get a little injection of randomness? (An) injection of, like, bounce and athleticism, and just change?'” Lowe said. “Maybe just change more than anything else. But I don’t think (the Collins interest) went anywhere serious.”

International Notes: Fernandez, Canada, Paris, Almansa, More

June 28th, 2023 at 10:10am CST by Luke Adams

Kings associate head coach Jordi Fernandez will replace Nick Nurse of the Sixers as the head coach of the Canadian national team, sources tell Adrian Wojnarowski of ESPN.

Canada Basketball has officially confirmed the news, indicating in a press release that the leadership change will take place immediately. Nurse, who coached the Raptors – Canada’s only NBA team – for five seasons before being dismissed this spring, subsequently stepped down from his position with the national team. Fernandez will take the reins for the 2023 World Cup, which begins in less than two months.

Fernandez, who was born in Spain, was an assistant coach on the Nuggets’ staff from 2016-22 before joining the Kings under Mike Brown last year. He’s considered a rising head coaching candidate, having interviewed for the coaching vacancies in Phoenix and Toronto earlier in the offseason.

Here are a few more updates from around the international basketball world:

After playing a regular season game in France in 2020 and again in 2023, the NBA is on track to return to Paris in 2024, according to a report from L’Equipe, which states that the Nets and Cavaliers are the teams expected to compete in that game. There’s hope that French phenom Victor Wembanyama and the Spurs will play a game in Paris as soon as 2025, per L’Equipe.
Izan Almansa, a 6’10” Spanish big man who spent the last two years with Overtime Elite and projects to be a first-round pick in 2024, has signed with the G League Ignite, reports Jonathan Givony of ESPN. Almansa, the last prospect to join the Ignite for 2023/24, will be part of a star-studded group that includes potential top-five picks Ron Holland and Matas Buzelis.
Gianni Petrucci, the president of the Italian Basketball Federation, wasn’t thrilled by Paolo Banchero‘s decision to play for the United States instead of Italy at the upcoming World Cup, telling La Gazzetta dello Sport that the Magic forward “fooled us.” However, Petrucci clarified that he was more upset about a lack of communication from Banchero rather than the decision itself. “It was a legitimate decision, but he could have made a call to communicate that to us,” Petrucci said, per BasketNews.com. “Instead, we learned about his decision from the newspapers.”
German forward Louis Olinde, who has spent the past three seasons with Alba Berlin, is hoping to make the move to the NBA this offseason, writes Donatas Urbonas of BasketNews.com. According to Urbonas, Olinde has worked out for the Warriors and Thunder and has a session lined up with the Trail Blazers too. The 25-year-old is also expected to play for the Suns at the Las Vegas Summer League.

Free Agent Rumors: G. Williams, LeVert, Harden, VanVleet, Barnes

June 28th, 2023 at 8:28am CST by Luke Adams

Even after the acquisition of Kristaps Porzingis, the door hasn’t been closed on a possible new contract for the Celtics and restricted free agent forward Grant Williams, sources tell Steve Bulpett of Heavy.com.

According to Bulpett, the Celtics and Williams have a good relationship and are interested in beginning negotiations with one another to see if a deal is financially feasible. If those discussions aren’t fruitful, the two sides could pivot to exploring sign-and-trade scenarios that would land Williams elsewhere and get Boston some sort of asset, even if it’s only a trade exception.

For his part, Williams said on Tuesday that he “absolutely” would be interested in re-signing with the Celtics while also acknowledging that the team’s payroll and the realities of the new Collective Bargaining Agreement could make it challenging, per Jay King of The Athletic.

“Cap-wise, with the new CBA, I think all these teams, as we see, are trying to get the trades in and the contracts done prior to the CBA truly being enacted,” Williams said. “So you’re going to see a lot of all-in pushes. So if the Celtics decide to do that, I think that’s kind of how it will work out (with him re-signing in free agency). If not, it helps them financially a little bit, but it definitely changes the numbers as you look around.”

Here are a few more notes and rumors on free agency from around the NBA:

The Cavaliers will likely offer free agent swingman Caris LeVert a deal in the range of $15-18MM per year, sources tell Chris Fedor of Cleveland.com (subscription required). As Fedor explains, the Cavs’ goal is to find the sweet spot where they’ll be able to outbid rival mid-level offers for LeVert while leaving themselves with enough breathing room below the tax line to use their own full mid-level exception.
Appearing on ESPN’s Get Up on Wednesday, Brian Windhorst reiterated that James Harden seems more likely to sign with the Sixers than the Rockets as a free agent, according to Adam Zagoria of NJ.com. “(The Rockets) are out there aggressively chasing other free agents,” Windhorst said. “They are not acting as if they think they are getting James Harden.”
Despite reports that Fred VanVleet will be a top target for the Rockets in free agency, Josh Lewenberg of TSN.ca (Twitter link) has spoken to several people around the league who are skeptical that the point guard will end up in Houston. The Raptors remain confident that they’ll be able to re-sign VanVleet, according to Lewenberg (Twitter link), who says the team’s plan is retain both VanVleet and Jakob Poeltl.
After reporting earlier this week that the Kings‘ contract extension talks with Harrison Barnes had “gone quiet,” James Ham of The Kings Beat (Twitter link) hears from a league source that the two sides have reopened those discussions. Barnes is eligible for an extension until June 30. If he doesn’t have a new deal in place by then, the veteran forward would become an unrestricted free agent.

Fischer’s Latest: Jazz, Cavs, Wolves, DiVincenzo, Gallinari, More

June 27th, 2023 at 12:47pm CST by Luke Adams

The Jazz‘s trade for John Collins and the Timberwolves‘ extension agreement with Naz Reid are two transactions that could have a ripple effect on other offseason activity, Jake Fischer writes in his latest story for Yahoo Sports.

As Fischer explains, the Jazz were expected to be a player for forwards in free agency, with Celtics RFA Grant Williams among Utah’s rumored targets. The Jazz still project to have cap room available, especially if Jordan Clarkson doesn’t remain with the team, but after adding Collins to a frontcourt that now features Lauri Markkanen, Walker Kessler, and lottery pick Taylor Hendricks, it’s hard to see them spending big on another forward or center, Fischer observes.

As for Reid, the Cavaliers were among the teams that hoped to take a run at him in free agency, sources tell Fischer. It’s unclear whether Cleveland – which should have the full mid-level exception available – will pivot to pursuing another significant frontcourt addition to complement Jarrett Allen and Evan Mobley or whether the club specifically valued Reid highly, Fischer writes.

Meanwhile, opposing executives are curious about how the Timberwolves’ new deal with Reid might affect the rest of their roster. In particular, Fischer says, rival teams are wondering if Minnesota might waive veteran wing Taurean Prince, whose $7.5MM salary for 2023/24 is non-guaranteed.

With Prince on the books, the Wolves likely won’t have access to the full non-taxpayer mid-level exception, and they’re believe to be in the market for a combo guard with size using that MLE, according to Fischer, who names Bruce Brown and Donte DiVincenzo as two possible targets.

Here’s more of Fischer’s latest reporting:

Minnesota is hardly the only team with interest in DiVincenzo. There has been “growing noise” among league personnel about the possibility of DiVincenzo joining the Knicks and teaming up with fellow Villanova alums Jalen Brunson and Josh Hart, says Fischer.
Teams with cap room, including the Pacers, Magic, and Pistons, are believed to be eyeing players like Grant Williams (RFA) and Max Strus, according to Fischer, though he has heard the same rumblings that Marc Stein has about Detroit potentially using its room to make a room at Cameron Johnson. If the Nets bring back Johnson, rival executives are prepared for Brooklyn to make a cost-cutting trade to help accommodate Johnson’s increased salary.
The Wizards are considered likely to reach a buyout agreement with Danilo Gallinari, freeing up the veteran forward to pursue a deal with a team closer to contention, Fischer reports. Gallinari would be ineligible to re-sign with the Celtics in that scenario.
The Rockets are considering high-salary, short-term deals in order to land their preferred targets in free agency, per Fischer, who suggests it might take a maximum-salary offer to lure Fred VanVleet away from the Raptors. VanVleet is rumored to be one of Houston’s top priorities in free agency.
In case you missed it, we passed along more of Fischer’s latest tidbits in a pair of stories earlier today.

Trade Rumors: Lillard, Valanciunas, N. Powell, Wizards, K. Martin

June 27th, 2023 at 11:47am CST by Luke Adams

Following Monday’s meeting with Damian Lillard and his agent, Trail Blazers general manager Joe Cronin put out a brief statement indicating that the team remains committed to building around its star point guard. Appearing on ESPN’s Get Up on Tuesday morning (YouTube link), Brian Windhorst provided some additional information on how that meeting went.

“This was the meeting that a lot of the league was watching to see if Damian Lillard requested a trade, and he absolutely did not,” Windhorst said (hat tip to RealGM). “From what I understand, the tenor of the meeting was that he doesn’t want to put pressure on the Blazers, that he wants to see what they do in free agency, and he’s going to give them that time do that.

“This is an interesting strategy move. He said at the end of the season ‘Get me veterans.’ The draft came and went, no veterans. He’s still not pressing, from what I have been told. He’s still going to give the Blazers every opportunity to work through this free agency process this week, whether it’s through trades or signing players.”

As Windhorst points out, given that no trade request from Lillard seems imminent, teams like the Heat – who were reportedly preparing to make a trade offer for the Blazers star – might have to move forward with their other offseason moves rather than hoping that Lillard’s situation will change.

“This is going to potentially cause some teams that were going to make offers for him to have move on with business,” Windhorst said. “They were waiting to see whether Dame Lillard was going to be on the market before they started to make moves this week. Now, some teams are going to have to make a decision either go forward or wait around. Lillard is going to wait around.”

Here are a few more trade rumors from around the NBA:

The Pelicans have made center Jonas Valanciunas available in trade talks as they seek out a big man who is more mobile and more of a rim protector, according to Jake Fischer of Yahoo Sports, who says New Orleans inquired with the Cavaliers about Jarrett Allen‘s availability. Cleveland has reportedly rebuffed all inquiries for Allen.
Clippers swingman Norman Powell is another veteran who is considered available on the trade market, Fischer reports, adding that Powell’s name popped up in rumors when L.A. was trying to acquire Chris Paul from Washington.
Speaking of the Wizards, even after flipping Paul to Golden State, they’re still looking to move on from one or two more of their veteran point guards. Sources tell Fischer that Washington is seeking draft assets for Monte Morris and/or Delon Wright.
The Rockets have been engaging in more trade talks involving Kenyon Martin Jr. since last week’s draft, Fischer writes. While it’s not clear exactly which teams Houston has talked to recently, Fischer says the Hawks, Suns, and Nets have been cited as possible suitors for Martin dating back to the trade deadline in February.

Suns, Jazz, Mavericks Join Pursuit Of Tobias Harris

June 24th, 2023 at 9:36pm CST by Arthur Hill

The Sixers‘ options for a potential Tobias Harris trade are growing, but they seem more inclined to keep him, according to Keith Pompey of The Philadelphia Inquirer.

Pompey hears that the Suns, Jazz and Mavericks have expressed interest in acquiring the veteran forward, joining the Cavaliers, Pacers and Pistons, who Pompey mentioned as possible trade partners prior to the draft.

A source tells Pompey that Phoenix views Harris as an ideal complement to its new Big Three of Kevin Durant, Devin Booker and Bradley Beal. The Suns are hoping to get a deal done before the new Collective Bargaining Agreement takes effect on July 1 to avoid restrictions involving the second tax apron.

The main impediment to a deal with Phoenix is that the Sixers would have to take Deandre Ayton in return, Pompey adds. Philadelphia doesn’t have any use for another center with Joel Embiid on the roster, especially with Ayton owed $102MM over the next three years.

The Sixers wouldn’t be interested in any other trade package the Suns could offer, according to Pompey. His source says Phoenix wants to add a third team to facilitate the deal, but Philadelphia hasn’t been willing to pursue that option.

The Pacers made overtures about Harris during Thursday’s draft, but sources tell Pompey they don’t have enough assets to make a deal work. Pompey is skeptical that Indiana can change that in light of Harris’ $39.2MM salary for the upcoming season.

Pompey also hears that Sixers management is overvaluing Harris in trade talks and asking for outrageous compensation in return. A source tells him that when the Cavaliers inquired about Harris, Philadelphia responded by asking for Jarrett Allen, Evan Mobley and a draft pick. A source told Pompey that Sixers president of basketball operations Daryl Morey “isn’t negotiating in good faith.”

Philadelphia appears determined to keep Harris, Pompey adds, knowing that more trade opportunities will arise before the deadline in February. A source told Pompey that Nick Nurse is looking forward to coaching Harris and plans to give him a larger role in the offense than Doc Rivers did.

Pete Nance To Sign Exhibit 10 Contract With Cavaliers

June 24th, 2023 at 10:21am CST by Rory Maher

Pete Nance has agreed to sign an Exhibit 10 contract with the Cavaliers after going undrafted on Thursday night, sources tell Chris Fedor of Cleveland.com (subscriber link).

As Fedor writes, Nance has ties to the organization — he’s the son of former Cavs legend Larry Nance and the younger brother of Larry Nance Jr., who spent parts of four seasons with Cleveland.

After spending four seasons with Northwestern, Nance transferred to North Carolina for his final “super senior” season in 2022/23, averaging 10.0 points, 6.0 rebounds and 1.1 blocks on .422/.320/.816 shooting in 30 games (30.1 minutes) for the Tar Heels. He had a larger offensive role with the Wildcats in ’21/22, posting 14.6 points, 6.5 rebounds, 2.7 assists and 1.1 blocks on .497/.452/.768 shooting in 30 games (27.2 minutes).

Nance is expected to play for the Cavs’ Summer League squad, Fedor adds, and will be present for training camp. His Exhibit 10 contract could potentially be converted to a two-way deal, but if he’s waived by the Cavs before the 2023/24 season starts, he’ll be eligible for a bonus worth up to $75K if he spends at least 60 days with the Cleveland Charge, the team’s G League affiliate.