No, it’s not that difficult for the Cavs to have max contract space
June 30, 2014Cavs show early free agency interest in Trevor Ariza, Spencer Hawes
July 1, 2014Let’s make this as simple as possible.
Kyrie Irving has been playing on his rookie deal since being taken No. 1 overall back in 2011. At the time, he signed a four-year $23.2 million dollar deal. Irving is entering the last year of that deal.
The Cavaliers are going to offer Irving an early extension of five years and in the neighborhood of $90 million. On Monday, Chris Broussard tweeted that the Cavs were flying to New Jersey in order to meet with Irving on the first day that they can offer the deal, July 1.
Sources: Cavaliers flying to NJ today to offer @KyrieIrving max deal (5 yrs, $90 million) on July 1
— Chris Broussard (@Chris_Broussard) June 30, 2014
There had been speculation that the Cavs may not offer Irving the max, and of course even more that Irving will not be willing to accept the Cavaliers’ offer.
Irving would become a restricted free agent should he decide to play out his existing deal, meaning the Cavs would have the ability to match any deal offered to Kyrie after the 2014-2015 season.
For a more detailed look at the ramifications of Kyrie’s deal, check out Joe’s piece at WFNY back in late January.
[Related: It’s not that difficult for the Cavs to have space for a max contract]
7 Comments
Sorry, being that I’m from Cleveland, I do not understand what “as expected” means. Is that like Wile E. Coyote putting up an umbrella before the boulder crashes down?
C’mon the headline clearly states “as expected” followed by “reportedly”…. that’s the dead Cleveland giveaway that it’s not happening….. maybe.
Okay, so, what you are telling me is that…
(1) The new GM didn’t just have a faux hiring process to get a buddy HC (Gentry) or a big-name to appease an overbearing owner (Calipari) and actually went through a thorough interview search to land on a possibly innovative talent (Blatt)?
(2) The new GM didn’t have a panic-stricken lead-up to the draft where they were diametrically opposed with ownership over who to take and many thought might just throw their hands up and give the pick up for whatever happened to be the best offer? Instead, they sought out offers just in case, but calmly selected the player who was not only the best talent but also the best fit?
(3) The new GM isn’t playing games with our franchise player and demanding he take a Duncan-level paycut on his first big contract (note: Timmy didn’t at that time either and actually threatened to go to Orlando to get his 1st big contract), and, in fact, are willing and eager to lock in our superstar player for as long as we are allowed by the CBA?
The next thing you are going to tell me is that we aren’t going to panic about LeBron coming back in FO and dump off talent for a maybe chance he speaks to us, let alone consider us.
Or that we aren’t going to dump Wiggins & Kyrie to Minnesota for a 1 year rental of Love.
Or that we’re not going to trade away Anthony Bennett for a 2nd round pick and just give up on him now.
Sar. Cast. Ick. You, my friend, appear to be still suffering from ESPN’s Post-Didactic Silly Season Disorder.
Of course, they were in a full bat-feces panic. Why else would Griffin have refused to give reporters “any indication” in advance? Obviously because he was writhing on the floor moaning “I … can’t … do … this” while Gilbert shreik-spittled down at him “Be a man!! We’re on the clock!! Forget it, give me the card .. which is the tall Kansas guy?”
you are completely incorrect. while Dan was yelling at Griffin, Nick wrote in the name Andrew Wiggins because he’s a big Orson Scott Card fan.
though you might be correct on needing a detox from the NFL silly season butting up so close with the NBA one.
obligatory
If only it were just the national media. The news that the Cavs had offered a last minute workout to Dante Exum resulted in an entire day of speculation that either they wanted to replace Kyrie or he wanted to leave and what could they get for him in trade on local sports radio. It was even worse than another day’s discussion about Johnny Manziel’s instagram responsibilities and what every other Quarterback ever might think about that.