Cavs reportedly nearing $80 million deal with Tristan Thompson
July 1, 2015Kevin Love is back with the Cavs! – WFNY Podcast – 2015-07-01
July 1, 2015July 1 continues to be a great day for Cleveland Cavaliers fans. On the same day Kevin Love announced he’s got “Unfinished Business” in Cleveland, restricted free agent Iman Shumpert has reportedly agreed to a four-year $40 million deal to also remain with the team. The first reports came from Alex Kennedy of Basketball Insiders and Adrian Wojnarowski of Yahoo Sports.
Shumpert, who turned 25 last week, had been extended a $2.6 million qualifying offer by the Cavaliers That amount was determined by the fact he was the No. 17 pick in the 2011 NBA Draft — the same year Kyrie Irving went No. 1 and Tristan Thompson went No. 4. But with the rising NBA salary cap, Shumpert was expected to receive a significant pay increase. The fourth year of his new contract is reported to be a player option.
In 38 regular season games with Cleveland, the Georgia Tech product averaged 7.2 points and 3.8 rebounds in 24.2 minutes per game. He’s a career 34.2 percent three-point shooter, but had an impressive playoff run with even more significant playing time due to the team’s many injuries.
It remains unknown whether the Cavaliers will reach a deal with J.R. Smith, who turns 30 in September and also was acquired in the January trade that brought Shumpert from the New York Knicks. Smith did not pick up his $6.4 million player option for the 2015-16 season, but has said he intends to re-sign with the team.
Just earlier on Wednesday, rumors had circulated that the Cavaliers and Shumpert were not all that close to a deal. He was expected to have meetings with several other suitors, including Dallas and the Los Angeles Lakers. But in the end, Shumpert celebrated the signing with an Instagram post on Wednesday night.
27 Comments
Hey national media and doubters Dan Gilbert has a message for all of you:
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Dan Gilbert has put his money where his mouth is…$240M for Love, Thompson and Shumpert oh and that one guy, LeBron James still to go.
July has been a great month for Cleveland the past two years.
“Wow – what’s a matter, honey, rough day?”
– Mrs. Gilbert
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I’m moving that into my top-10 greatest gifs list.
And Frowns still hates him.
Now, do they pursue Sybil?
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#AllinCLE is figurative and literal!
No…they wait for him to come back to them while pursuing other alternatives. I predict James Jones will be back, a veteran backup PG will be added either via MLE or veteran minimum and the expiring contract of Haywood will be used.
Who? J/K I’d like to know what the other owners of professional sports teams in Cleveland are thinking.
like he did with shaq and bdizzle.
I think Shump was the biggest priority after KLove this off season. Glad to see him coming back.
Fun story: I got a mobile update from ESPN saying Shump was taking meetings with other teams. Literally half a minute later, I got a mobile update from Score saying Shump signed with the Cavs. Get a hold of your life, ESPN. You are the worst.
Frowns cites himself as evidence for other points he tries to make. I think that’s all that needs to be said.
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*cough, cough*…lol
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I love the smell of a gif-war in the morning.
yeah, PD’s Chris Haynes reported the “other teams” and then tossed out some strenuous cya maneuvers when he announced the signing a few hours later.
“It was early afternoon in California when NBA sources suggested strongly that restricted free agent Iman Shumpert and the Cleveland Cavaliers weren’t yet close in contract negotiations. Yet less than two hours later, the sides agreed on pretty much what Shumpert’s camp sought — $10 million annually over four years, with a player option in Year 4.”
As in, “Not MY fault! NBA sources! I just gotta report anything the player’s agent texts me for leverage!”
But I thought that second one was probation worthy? Using my ,gif against me if this was the WWE it would be on son, period!
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You think that was bad last night on Twitter Sportscenter announced that Grady Sizemore had broken up Carlos Carrasco’s no-hitter. I replied to inform them that it wasn’t Sizemore but Joey Butler. Fifteen minutes later they sent out a new Tweet with Update and the correct hitter.
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đ
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