The Cavaliers will use a portion of their mid-level exception to sign Ricky Rubio, Chris Fedor of the Cleveland Plain Dealer tweets. Rubio has agreed to a three-year, $18.4MM contract to return to Cleveland.
Rubio, who suffered a torn ACL in late December, finished the season with the Pacers. The Cavs’ front office explored the possibility of a sign-and-trade with the Pacers but couldn’t come to an agreement, Fedor explains.
Here are a few more contract-related notes from around the league:
- The second year of Bol Bol‘s contract with the Magic is a team option, Khobi Price of the Orlando Sentinel tweets. According to Spotrac, Bol Bol’s two-year deal is a minimum-salary contract worth a total of $3,968,718.
- The unlikely bonuses in Luguentz Dort‘s contract with the Thunder are for making the All-Defensive Team and the Defensive Player of the Year award, according to ESPN’s Bobby Marks (video link). Those bonuses are worth $1MM annually. The five-year deal has a total base value of $82.5MM.
- Chris Boucher‘s three-year, $35.2MM contract with the Raptors is fully guaranteed, Marks tweets. The first year of the contract is worth $12.7MM and his cap hits decline over the following two seasons.