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.