Cavs sign Andrew Wiggins, start 30-day “no trade” clock

Does this scream "passive" to you?

Does this scream "passive" to you?

Does this scream "passive" to you?

It’s finally happened. The Cleveland Cavaliers have announced the signing of their number one overall draft pick Andrew Wiggins.

[Also see: WFNY's Kevin Love Trade FAQ]

https://twitter.com/WojYahooNBA/status/492398283781054464

As Woj and Windy point out, the thing that we’ve been talking about for a long time now has happened. On the one hand, he can’t be traded for 30 days. On the other, now instead of carrying a value of $0 in a trade, he will potentially carry that $5.5 million number if he’s traded. While that helps from a salary matching standpoint, I’m sure there’s some impact on the “leverage” that might or might not exist between the Cavaliers and T-Wolves.

So have at it folks. Let’s hear another round of speculation and scenario building about the Kevin Love trade.

And… GO!

  • Anthony V.

    Still holding out hope for waiters, Bennett, & 2 1st round picks will be enough for Love & a Minnesota salary dump.

  • Pat Leonard

    Two Things:

    1) Didn’t the Cavs have to sign Wiggins in order for his contract to be worth something when he’s traded? I think it was worth $0 before he was signed, so that means the Cavs would have had to give up more players in order to get close to matching Love’s salary. So we should have all known the signing was imminent, right?
    2) Does the fact that Wiggins can’t be traded for 30 days prevent the Cavs and Wolves from reaching an agreement in principle on a trade? Couldn’t they theoretically do that today and then just wait 30 days to make it official? It feels like nothing new happened today, but folks are acting like this is big.

    I’ll hang up and listen, thanks.

  • mgbode

    the only reason that it is big is that Wiggins could have made things difficult. I would imagine that he wants to be on LeBron’s team rather than toiling away in Minnesota. he is under no obligation to sign his deal and there are no team activities until October.

    so, he theoretically could have waited to sign until October and it would not have hurt him getting into training camp and wouldn’t have hurt the team either. that is, unless they wanted to trade him before camp starts and use his $5.5mil salary.

    so, sort of big news if the Cavs wanted to trade Wiggins that way. Or, it could be that now the Cavs and Wiggins are setup for a contract and the rest is just blustering fools wailing into the wind. hard to know until a trade happens (or doesn’t).

  • architrance

    I’m going to pour on the boring sauce real thick & nasty once more:

    1.) Yes.
    2.) Why?

  • Pat Leonard

    Hahaha. Fair enough. The whyfor is because I have seen a lot of tweets even from the national guys saying that this basically puts a moratorium on trade talks for 30 days, but I can’t figure out why that would be true. Not being allowed to trade a player doesn’t seem to be the same as not being allowed to talk about trading a player.

  • architrance

    I’m sure they can talk about it, but nothings official until it’s official, right? So why would the Cavs put all their cards on the table early and allow another team to outbid them? The pressure is on Minny and no one else right now.

    I still hope the deal gets made in the next 30 days, just without Wiggity in it!

  • Pat Leonard

    Because if you can agree in principle and make that public, then why not do that? Happens all the time in professional sports. I just want Love. If Wiggins isn’t in the deal, I’ll send a ham of thankfulness to David Griffin, but if that’s what the deal ends up costing, so be it. In the end, it seems to me that Wiggins would have to be included because I don’t think any other combination of young Cavs players that doesn’t include Kyrie Irving is going to end up being the best option for Minnesota to take.

  • eldaveablo

    Trying to find SOMETHING meaningful…
    Does this limit the Cavs in terms of Free Agency? Does this lock up $5.5M in cap money, or make them less flexible?

  • mgbode

    I still can see us giving up Waiters & Wiggins and then Love signing a 1 year deal somewhere else next summer.

    It’s a possibility and we should be playing up that possibility in all talks at the very least.

  • Pat Leonard

    Definitely should be playing it up in talks, but if Love really wants to come play with LeBron now, I find it hard to believe he won’t want more of that next summer. So many open 3-pointers. So many added assists to Love on his outlet passes. Probably his best chance to win a title. I know he’s a California kid, but man if you are serious about your career as an NBA player, that is hard to pass up.

  • http://www.eclecticworld.org/ Jim Macdonald

    The Cavs have no cap space; however, they can sign as many players as they’d like to minimum contracts. So, this has no effect, for instance, on whether we sign Ray Allen (though other teams can, and apparently, are offering Ray Allen more money).

  • http://www.eclecticworld.org/ Jim Macdonald

    One thing to note – that could be frustrating (depending on what does or does not get leaked) – is this: “The 30-day moratorium also prevents the teams from publicly acknowledging any agreement, meaning the rumor-filled summer of Love is likely to drag on.” (from the AP – see http://www.nba.com/2014/news/07/23/wolves-on-love-options.ap/)

  • Pat Leonard

    Aha! Thanks, that is interesting. So we really won’t have anything but rumors for 30 days even if the teams reach an agreement. That’s kind of awesome, but also kind of terrible.

  • mgbode

    the only way to know is to talk with Love. i’m not sure Minny will even let our FO do that let alone have us find out. so, it’s all dicey.

  • mgbode

    there was an article recently that we could play some salary cap games with our summer league flotsam guys if we liked them enough by delaying his signing.

  • Harv 21

    what? Of course Minnesota would let us do that if offering Wiggins is contingent on him signing an extension with us.

  • mgbode

    yes, if we force that to be a contingency. even the rumors just say we offered Wiggins (whether or not you believe them) and noone has mentioned anything about an extension signed as part of the trade.

  • RGB

    I suppose this means Fedor will have a countdown to Love-O-Meter clock on his worthless columns for the next month.

  • Steve

    Waiters and Bennett don’t make enough to make a legal trade for Love, much less Love and a salary dump. Assuming they want to dump the Martin contract ($22.5M in total money with Love) the Cavs would have to give up $17.5M in contracts. Even if the Cavs use those two, plus Haywood and the three new contracts they acquired, that would only total $15.1M.

  • mgbode

    Booooooooo

    Not booo-urns, but booooooo fedor.

  • RGB

    Ok, worthless may have been a little heavy-handed.
    That stupid video, got me feeling a little extra frisky today.

  • Natedawg86

    So Love plays here next year and if Love signs a multiyear deal with the Cavs, off Wiggins goes? I like it.

  • Natedawg86

    What happens if Gilbert says screw it and signs love to a max and ends up 20M over salary cap? Just luxury taxes? Im fine with that

  • Natedawg86

    That canuck dresses funny

  • woofersus

    They still have to match salaries to bring him here, but after that they’d own his bird rights, so he can re-up for whatever next year and it’s just more money out of Gilbert’s pocket. We’re over the cap for the foreseeable future either way. My guess is that Gilbert will pay whatever it takes.

  • mgbode

    if we trade for him first, then he can do that. he cannot do that next summer if he is not on our roster w/o a sign-n-trade