Cavaliers Rumors

Luke Travers Departs Melbourne United, Pursuing NBA Opportunities

August 6th, 2024 at 9:26pm CST by Tristan Tucker

Forward Luke Travers, the No. 56 overall pick in the 2022 draft, was granted release from his contract with Melbourne United, Olgun Uluc of ESPN reports (Twitter link).

According to Uluc, the release was mutual so that Travers can “pursue NBA opportunities.” Travers’ rights are owned by the Cavaliers, so unless his rights are traded in the near future, the only contract he could sign would be with Cleveland.

The Cavaliers are in an interesting place, with first-round pick Jaylon Tyson representing their only offseason addition so far. They signed three players to extensions but have kept their roster flexibility as open as it can be. They have three standard contract spots open and are the only team to not have a player signed to a two-way contract for next season.

Their holdup in making moves is almost certainly tied to restricted free agent Isaac Okoro, who is the biggest domino left to fall in free agency. The Cavs have reportedly had talks about re-signing him and about possible sign-and-trade deals with other teams. Regardless, they seem to be in a holding pattern until that situation is resolved.

But if the team re-signs Okoro (or signs-and-trades him in a move that brings back just one player), they’d still have multiple open roster spots to fill. Of their own free agents, Marcus Morris and Emoni Bates seem the most likely to return.

Travers would be eligible to sign either a standard or two-way contract with the team. If they wanted to save some money, it would make sense to sign him to a deal that’s similar in structure to the one Gui Santos, picked one slot before Travers, received from Golden State last year.

Travers, 22, has spent three straight years with Cleveland’s summer league team. Across 15 total summer league appearances spanning 2022-24, he has averaged 7.4 points, 5.3 rebounds, 1.1 steals and 1.4 blocks. During his last season with Melbourne, he averaged 12.4 points and 7.6 rebounds across 36 games.

A 6’7″ forward, Travers would provide versatile youth and depth. If he signed, he would be the second-youngest player on the roster.

Contract Details: Kennard, Fernando, Graham, Allen

August 5th, 2024 at 2:14pm CST by Luke Adams

Luke Kennard‘s new one-year contract with the Grizzlies, originally reported to be worth $11MM, actually has a base salary of just $9.25MM, Hoops Rumors has learned. Kennard can also earn an additional $1,387,500 in unlikely incentives, so his deal can max out at $10,637,500.

That disparity between the reported terms and the actual terms is important, given Memphis’ proximity to the luxury tax line. An $11MM cap hit would have put the Grizzlies over the luxury tax line by about $1MM, but because Kennard counts for just $9.25MM against the cap, the team’s salary is hovering right around $170MM, a little below the tax line ($170,814,000).

Kennard, Desmond Bane, and Brandon Clarke have unlikely contract incentives that could make Memphis a taxpayer if they’re earned. Given how close they are to the luxury tax line, I’d expect the Grizzlies to keep a close eye on each player’s progress toward his respective bonuses and make a minor cost-cutting move by February’s trade deadline if necessary — finishing the season just slightly above that tax threshold would cost the team a significant end-of-season payout that’s only available to non-taxpayers.

Here are more details on some recently signed contracts from around the NBA:

Bruno Fernando signed a one-year, minimum-salary deal with the Raptors. It’s non-guaranteed for the time being, but Fernando’s full $2,425,403 salary (and $2,087,519 cap hit) would become guaranteed if he remains under contract beyond the first day of the regular season, Hoops Rumors has learned.
Devonte’ Graham‘s one-year, non-guaranteed training camp contract with the Trail Blazers includes Exhibit 9 language, but not Exhibit 10 language, Hoops Rumors has learned. That suggests Graham probably isn’t planning to join the Rip City Remix (Portland’s G League team) as an affiliate player if he’s waived by the Blazers this fall.
Jarrett Allen‘s three-year, $90.72MM extension with the Cavaliers is a straightforward, fully guaranteed contract with no options on the final year and no trade kicker, Hoops Rumors has confirmed.

Timing Of Allen Signing Was Key

August 4th, 2024 at 7:09pm CST by Dana Gauruder

The three-year, $91MM contract extension that Jarrett Allen signed on Friday gave the Cavaliers more flexibility if they later decide to break up the Allen-Evan Mobley frontcourt next season, according to Marc Stein in his latest Substack post.

Nets Notes: Fernandez, Bridges, Okoro, Training Staff

August 3rd, 2024 at 9:30pm CST by Arthur Hill

Jordi Fernandez spent 15 years working on NBA staffs and in the G League before the Nets gave him his first head coaching opportunity in April. In an interview with Marc J. Spears of Andscape, Fernandez speculates that his experience as head coach of the Canadian national team gave him an edge in Brooklyn’s hiring process.

“Everybody says that they value the G League experience, which I think was amazing,” he said. “And for me it was a big part of why I kept developing. But coaching Canada and qualifying for the Olympics, it was the last push to be a head coach in the NBA and I’ll always be thankful for the opportunity. But also thankful for these guys, how hard they play. They are the ones that qualified. They are the ones that got a medal, so I obviously benefited from it.”

The Olympic obligations have prevented Fernandez from concentrating full-time on his new job, but he tells Spears they haven’t been a major distraction. He says Nets officials have been “super supportive” about his Olympic duties, and he was able to monitor Summer League games and practices by watching film. He’ll be able to devote his full attention to the team once the medal round in Paris wraps up next weekend.

“I’ve been calling and texting the (Nets) players,” Fernandez said. “I talked to Dennis (Schröder). Talked to the young guys. I talked to (Trendon) Watford. We just we got him back on the team, which we were very happy about. It takes time to build relationships, but they’ve been responsive and they’ve been awesome.”

There’s more on the Nets:

Also in the interview, Fernandez addresses the fact that the team he expected to coach changed significantly when Brooklyn traded Mikal Bridges to the Knicks in June. Fernandez said he supports the deal, which brought back Bojan Bogdanovic, Mamadi Diakite, Shake Milton and a large collection of draft assets, signifying that the Nets are fully moving into a rebuilding stage. “It was one of the avenues that we’ve had in mind and how we wanted to do things,” Fernandez said. “Obviously, he’s an amazing player and have a lot of respect for him. Every good trade has to be a win-win. And this is one avenue that we were contemplating. I’m very excited because I know that we can build something more special.”
Despite speculation earlier this week, it doesn’t look like the Nets are in position to acquire Isaac Okoro from the Cavaliers, Jake Fischer of Yahoo Sports said on the “Ball Don’t Lie” podcast (hat tip to Sports Illustrated). Cleveland was rumored to be considering a sign-and-trade deal involving Dorian Finney-Smith. “I don’t think those talks got really, really substantial to my understanding,” Fischer said. “I just don’t think it can even happen right now after the salary stuff has all shifted out.”
Jonathan Felipe, the Nets’ head trainer, and Les Gelis, director of sports medicine (injury management) and co-head of the performance team, won’t be returning for the upcoming season, according to NetsDaily (Twitter links).

Cavs Sign Jarrett Allen To Three-Year Extension

August 2nd, 2024 at 1:22pm CST by Luke Adams

AUGUST 2: Allen’s extension is official, the Cavaliers announced in a press release.

“We couldn’t be more excited that Jarrett Allen chose to extend in Cleveland for the prime of his career,” president of basketball operations Koby Altman said. “Jarrett’s growth as a player, at just 26 years old, was accelerated when he earned his first All-Star selection in 2022. He is the anchor of our core group of players and his presence fits our vision for sustainable success. Jarrett also embodies the culture and values of our organization, and we look forward to achieving even greater things together.”

JULY 31: The Cavaliers and center Jarrett Allen have agreed to a three-year extension that will begin in 2026/27, when the big man’s current deal expires, agent Derrick Powell tells Adrian Wojnarowski of ESPN.

According to Wojnarowski, the deal will be worth the maximum that Allen can receive on a veteran extension, which is just shy of $91MM over three years.

Players are permitted to receive up to 40% raises in the first year of an extension and Allen will make $20MM in 2025/26. That means he’ll earn $28MM in the first year of his new deal, followed by salaries of $30.24MM in ’27/28 and $32.48MM in ’28/29, for a total of $90.72MM.

Allen, 26, has spent the past three-and-a-half seasons in Cleveland, emerging as one of the NBA’s most reliable starting centers during that time. After starting his career in Brooklyn, he became a Cavalier as a result of the four-team blockbuster trade in January 2021 that sent James Harden to Brooklyn, then re-signed with the Cavs on a five-year, $100MM contract during the summer of 2021.

Allen was named an All-Star in 2022 and has averaged 15.1 points, 10.3 rebounds, 2.0 assists, and 1.2 blocks in 31.8 minutes per game with a .642 FG% across 252 outings (241 starts) since arriving in Cleveland. He established new career highs in PPG (16.5) and APG (2.7) this past season, but a rib injury in April ended his season early, sidelining him for the Cavs’ last eight playoff games, including the entire second-round series vs. Boston.

Allen is the third Cavaliers starter to agree to a lucrative multiyear contract extension this offseason, joining Donovan Mitchell and Evan Mobley. Cleveland will now have its top four players – Mitchell, Mobley, Allen, and Darius Garland – under contract through at least 2027 — Mitchell holds a player option for 2027/28.

While Allen has been the subject of some trade speculation in recent years – the Pelicans are known to have significant interest in him – signing this extension will make him ineligible to be dealt for six months.

Unless he waits until August 7 or later to sign his new contract, Allen will become trade-eligible prior to the February 6 trade deadline.

Sixers, Cavs Among Teams In Mix For Marcus Morris

August 2nd, 2024 at 8:58am CST by Luke Adams

Veteran forward Marcus Morris remains unsigned over a month into free agency, but it sounds like he has no shortage of options. Sources tell Keith Pompey of The Philadelphia Inquirer that the Sixers, Cavaliers, Hornets, Pistons, Heat, Pelicans, and Timberwolves have all shown some level of interest in Morris.

According to Pompey, Philadelphia and Cleveland appear to be the most likely landing spots for Morris. The Sixers are the 34-year-old’s hometown team and could use a power forward, but they’re limited to offering a minimum-salary contract. Morris finished last season with the Cavaliers, who are willing to offer him nearly double the minimum salary, sources tell Pompey.

Morris said that he “really enjoyed” his time in Cleveland and referred to the organization as “top-notch,” but also admitted he likes the idea of returning to his hometown team in Philadelphia.

“It felt like it was something that just helped my career,” Morris said of playing for the Sixers earlier in the 2023/24 season. “You know sometimes you’ve been doing it for so long that you find different things that get you up for playing. Being home is one of those things for me. … I just felt so free. I just felt so much love. So it’s like, yeah, man, I would definitely entertain coming back. I just hope … we can get something going hopefully.”

As Pompey explains, the 76ers currently have 13 players on standard contracts and will likely keep a 15-man roster spot open to start the regular season, so they’ll likely add just one more player. It’s unclear if Morris is their top target. Sources tell The Inquirer that Philadelphia also has some interest in sharpshooting power forward Davis Bertans.

As for the Cavs, this is just my speculation, but they may want resolution on Isaac Okoro‘s restricted free agency before they move forward with other free agents. Whether they re-sign Okoro or sign-and-trade him, resolving his situation would give them a better idea of where their team salary stands relative to the luxury tax line and tax aprons.

As Morris weighs his options and waits for offers, he tells Pompey that he’s willing to be patient as he prioritizes finding the right fit.

“I know the game. I’ve been around 14 years. I’m still playing,” the veteran forward said. “I just want to come in and help a team, be a voice, be a vet, but still compete at a high level. I also want to be somewhere I already know what the team needs. I want to be a piece that’s versatile and playing, either starting or coming off (the bench), and helping younger guys and things like that.

“… I’m just taking my time, because everybody needs a vet that can still play and (be a part of a) good situation in the locker room. I’m just taking my time to see what comes to be, what’s good for both sides.”

Four Under-The-Radar Players To Watch For 2024/25

July 29th, 2024 at 8:18pm CST by Tristan Tucker

Rosters for the 2024/25 season are far from being set, but it’s never too early to try to predict some of next season’s happenings. When considering players who are primed for breakouts, draft picks who immediately became stars like Paolo Banchero and Victor Wembanyama come to mind, but several more players in a tier below that will emerge as rotation mainstays for the first time.

Think players like Sam Hauser of the Celtics. Hauser gradually crept up Boston’s rotation over the past three years, eventually becoming a part of the title core and earning himself an extension. Likewise, Miles McBride was a second-round pick who showed promise, but eventually broke out after the ’23/24 deadline for New York. Isaiah Joe of the Thunder is another example, while Vince Williams of the Grizzlies and Simone Fontecchio of the Pistons also broke onto the scene earlier this year.

With that said, here are four players I think could “break out” next season in the sense that they go from a fringe rotation piece to a reliable regular for a team.

Day’Ron Sharpe

This might be cheating a bit, since Sharpe appeared in 61 games last season and averaged 6.8 points and 6.4 rebounds. However, he managed to record those numbers in just 15.1 minutes per night, improving across the board for the Nets. I expect Sharpe to play more this season even though he’s still behind Nic Claxton in the rotation.

For starters, the Nets pivoted toward a rebuild this offseason after trading away Mikal Bridges. With Bridges gone and players like Cameron Johnson, Dorian Finney-Smith, Bojan Bogdanovic and Dennis Schröder set up to be potential trade pieces, there should be more minutes to go around at some point in the season, at least in theory. That would put Sharpe, the No. 29 overall pick in 2021, in prime position to play more and continue to show off his improvement.

Sharpe is set to be a restricted free agent next offseason and, if he manages to continue to show linear growth, I wouldn’t be surprised to see him draw a bevy of suitors. If the Nets didn’t want to pay Sharpe after handing a contract to Claxton this offseason, Sharpe could draw interest at the deadline for a playoff team needing size or another young team looking for a mainstay.

Given his contract status, youth (heturns 23 this season), and team positioning, Sharpe seems like a solid candidate to “break out” for next season.

Max Christie

The Lakers have had a quiet offseason, with their only external additions being 2024 draftees Dalton Knecht and Bronny James. One move that flew under the radar was the long-term extension of Christie, a player who only played 14.1 minutes last season. While the 2022 No. 35 pick saw his responsibilities increase last season from his rookie year, he holds a career average of 3.8 points per game.

Clearly, the Lakers liked what they saw from the 21-year-old Christie, as they rewarded him with a $32MM deal. While he hasn’t played a ton at the NBA level, he holds solid upside as a three-and-D prospect. It was somewhat surprising, for my money, that a team with cap space didn’t try to price Christie out of the Lakers’ range.

The Lakers getting Christie back could be a huge win for a team that needs three-and-D players in their rotation. Given that the Lakers might still make a trade before the year and players ahead of him last year either fell out of favor or simply left in free agency, Christie seems like a lock for more minutes and production next season. He could have a key role for the Lakers in the final couple years of his contract if things play right.

Craig Porter Jr./Ricky Council IV

While Porter and Council are distinctly different players, both could improve and continue to work their way into the rotations of playoff contenders in the Eastern Conference, which is why they’re grouped together here.

Porter played more on a two-way contract last season before being promoted to a standard deal. He’s a small guard but has played well above his size both in college and in the pros. He works well as a secondary ball-handler and a solid defensive guard. While the Cavaliers still have three open roster spots and could add a player or two who may overtake Porter in the guard room, I could see him winning the ninth or 10th spot in the rotation and potentially being the club’s top backup lead guard.

Council didn’t play as much for the Sixers until the end of the season, but his high efficiency impressed the organization and they rewarded him with a standard contract.

While Philadelphia eventually re-signed Tyrese Maxey, Kelly Oubre, Kyle Lowry and KJ Martin, I find it telling that the Council was just one of two players from last year’s roster who stayed on the roster throughout the entire offseason. His contract for next season is non-guaranteed, so they easily could have waived him if they felt someone else better fit his role. Martin and draft picks Jared McCain and Adem Bona might not play much next season, which has Council and Eric Gordon looking like the team’s only true bench wings off the bench.

While it’s not a lock Porter or Council make an impact on the rotation this year — let alone make it through their contracts being guaranteed at the league-wide date in 2025 — their organizations have shown they value each respective player. To me, Porter and Council are some of the more likely candidates to follow Hauser’s footsteps of developing for a couple seasons before breaking into a rotation.

Nets, Cavs Have Discussed Okoro, Finney-Smith

July 29th, 2024 at 7:54am CST by Luke Adams

As the Cavaliers consider various scenarios involving restricted free agent forward Isaac Okoro, one option they’ve explored is a sign-and-trade deal with the Nets, according to Michael Scotto of HoopsHype.

Sources tell Scotto that, while no agreement is imminent, Brooklyn is considered a possible sign-and-trade destination for Okoro. Veteran Brooklyn wing Dorian Finney-Smith – who is known to be a potential Cavaliers target – has come up in discussions between the two teams involving Okoro, Scotto confirms.

With the Nets hitting the reset button to some extent, adding the 23-year-old Okoro on a longer-term deal may be a better fit for the organization than retaining the 31-year-old Finney-Smith, who can reach unrestricted free agency next summer if he declines his 2025/26 player option.

The Nets are one of several teams to have expressed some sign-and-trade interest in Okoro, Scotto writes, adding that the former Auburn standout could potentially earn an annual salary north of the mid-level exception ($12.8MM) if a sign-and-trade comes to fruition.

Recent reporting indicated that the Cavs have made Okoro a multiyear offer that would pay him less than his $11.8MM qualifying offer on an annual basis — that offer is estimated to be in the range of $8-10MM per year. However, Scotto hears that rival teams believe Cleveland would be prepared to match an offer sheet up to about the full non-taxpayer mid-level.

The Cavaliers are approximately $9.7MM below the luxury tax line, with at least two roster spots to fill, so re-signing Okoro and remaining out of the tax would require him to accept a starting salary slightly below $8MM. A higher starting salary – including his $11.8MM qualifying offer – would push team salary into tax territory.

It’s unclear if staying out of the tax is a priority for Cleveland this season, given that the team projects to above that line next season (and beyond) once Evan Mobley‘s new maximum-salary extension takes effect, Scotto writes. If the club brings back Okoro and wants to avoid the tax for one more year, trading a player like Caris LeVert or Georges Niang could be an option, Scotto speculates, though he notes that Niang is close with Donovan Mitchell, while LeVert is an important part of the second unit. Okoro himself could become a trade candidate later in the season too.

In Scotto’s view, the worst-case scenario for the Cavs would be for Okoro to accept his one-year qualifying offer, since that would give him trade veto rights for the 2024/25 season and he could potentially leave for nothing next summer. For that reason, Scotto expects the Cavs to either come to terms on a multiyear deal with the former No. 5 overall pick or to find a sign-and-trade scenario they like.

Four NBA Restricted Free Agents Still Available

July 27th, 2024 at 4:04pm CST by Luke Adams

Nearly four weeks into the NBA’s 2024/25 league year, there are only four restricted free agents who have yet to reach agreements on new deals, including just one who is coming off a standard contract.

Here are the unsigned RFAs:

Isaac Okoro, Cavaliers ($11,828,974 qualifying offer)
Emoni Bates, Cavaliers (two-way qualifying offer)
Jacob Toppin, Knicks (two-way qualifying offer)
Oscar Tshiebwe, Pacers (two-way qualifying offer)

There are still a couple teams with cap room available, so one of those teams – the Pistons and Jazz – could make life difficult for the Cavaliers by giving Okoro an offer sheet in that $12-15MM range, but there has been no indication either club plans to do so. A sign-and-trade to an over-the-cap team is another possibility, and Fedor confirmed in a subscriber-only story for Cleveland.com that the Cavs have had talks with some possible trade partners about a deal, but it doesn’t sound like any real progress has been made on that front.

Barring a late-summer push from a new suitor, Okoro may ultimately have to decide whether he wants to earn a higher salary in 2024/25 and bet on himself again as an unrestricted free agent in 2025 or if he prefers the security of a multiyear deal that would pay him less in year one.

Okoro’s leverage is limited, but even his “worst-case” scenario would be a guaranteed $11.8MM salary for next season. Bates, Toppin, and Tshiebwe have far less leverage and a far less appealing set of choices.

Of the 15 players who received two-way qualifying offers this offseason, only one (Vit Krejci of the Hawks) has agreed to a standard contract. Two others had their QOs withdrawn, while nine have returned to their respective teams on new two-way deals. The odds are good that the final three – Bates, Toppin, and Tshiebwe – will eventually have to accept two-way contracts too.

The deadline for teams to unilaterally withdraw a qualifying offer to a restricted free agent passed on July 13, so Bates, Toppin, and Tshiebwe aren’t facing any sort of short-term deadline on whether or not to accept their two-way offers. They can afford to wait a little longer to make their decisions.

Still, even if they accept their respective qualifying offers, those one-year deals come with few assurances. A two-way player can earn a $578,577 salary over the course of the 2024/25 season, but a qualifying offer is only partially guaranteed for $77,500.

The Cavaliers currently have three open two-way slots, while the Knicks have two, so I think Bates and Toppin would be well-positioned to stick around into the regular season if they accept their QOs.

Tshiebwe’s outlook is less clear. Within the last 24 hours, the Pacers filled two of their three two-way openings by signing Quenton Jackson and Tristen Newton. Tshiebwe could take the third slot, but Indiana still has an unsigned second-round pick (Enrique Freeman) who may be the frontrunner for that final two-way, as Dustin Dopirak writes for The Indianapolis Star.

Tshiebwe was an All-NBA G League first-teamer and the G League Rookie of the Year this past season, so I expect he’d draw two-way interest from other teams if the Pacers determine they don’t have room for him.

Latest On Cavaliers RFA Isaac Okoro

July 26th, 2024 at 12:26pm CST by Luke Adams

Nearly four weeks after the NBA’s free agent period opened, Isaac Okoro is the only standard restricted free agent who remains unsigned. And with little cap room still available around the league and few teams seemingly inclined to use their full mid-level exception, the Cavaliers have “a ton of leverage” in their negotiations with the RFA forward, Chris Fedor of Cleveland.com stated in the latest episode of the Wine & Gold Talk podcast (YouTube link).

“The sense that I get in talking to a lot of people around the NBA, I’m not sure what the offer is specifically that the Cavs have made to Isaac, (but) they believe that it’s a fair offer. It’s a multiyear offer,” Fedor said (hat tip to HoopsHype). “It’s what they think he’s worth based on the construction of this particular roster and based on the role that he’s going to have for this roster. I don’t know exactly what the offer is that they have made, but the sense that I get in talking to people around the NBA is that it’s a multiyear offer in the annual range of $8 to $10 million.

“If it gets to a point where Isaac and his people are looking for multiple years around $12 to $15 million, right around the mid-level exception, that’s not a number that the Cavs would be comfortable with moving forward.”

After signing Evan Mobley and Donovan Mitchell to lucrative new long-term extensions this offseason, the Cavs will have three maximum-salary players on their roster beginning in 2025/26. With stricter spending restrictions in effect under the league’s new Collective Bargaining Agreement, the team is wary about committing an annual salary well into the eight figures for a player like Okoro who doesn’t project to be a starter, per Fedor.

As Fedor explains, Cleveland would be comfortable with Okoro accepting his qualifying offer, which would pay him $11,828,974 in 2024/25 and would put him on track for unrestricted free agency next summer. While they’d be reluctant to pay him that amount for several seasons, the Cavs are OK with that number for one year before the rest of the roster gets more expensive.

Okoro, meanwhile, will have to determine whether he likes the idea of betting on himself by taking a higher 2024/25 salary and returning to free agency in about 11 months, or if he prefers the security of a multiyear deal that will pay him a little less next season.

Of course, it would be ideal for Okoro if another suitor swooped in to put pressure on the Cavaliers, but given that no team has emerged to this point to aggressively pursue him, that suitor may not be out there. I’ve speculated a couple times that Detroit would be a fit for the former No. 5 overall pick, given the J.B. Bickerstaff connection, the Pistons’ remaining cap room (approximately $11MM), and the fact that Detroit could afford to be patient with Okoro’s development on offense. But there have been no real indications that the Pistons are interested.

Okoro is an excellent point-of-attack defender whose offensive contributions remain relatively limited. The 23-year-old knocked down a career-high 39.1% of his three-point attempts last season, but that was on low volume (1.2 makes per game), with opposing defenses often sagging off of him.

The Cavs are currently operating about $9.7MM below this season’s luxury tax line, with 12 players under contract. If they sign a minimum-salary player as their 13th man and leave their 15th roster spot open, they could sign Okoro for about $25MM over three years or $34MM over four and remain barely below the tax line. However, the fact that they’re willing to live with Okoro signing his $11.8MM qualifying offer suggests the Cavs aren’t necessarily committed to staying out of tax territory.

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