Cleveland Cavaliers v Phoenix Suns

Report: Cavaliers will offer Kyrie Irving max contract extension

18 Comments

Will the Cavaliers give Kyrie Irving a max contract extension this summer?

One report says they might not.

I actually think that might be a wise move.

Nothing against Irving, who’s one of the NBA’s top young players. Teams just probably shouldn’t extend players coming off their rookie-scale deals to max contracts, period.

Mostly, it’s about getting more information. If Irving gets hurt again next year – he’s missed 15, 23 and 11 games in his three seasons – or stagnates, his value could plummet.

If he improves, the Cavaliers can offer the exact same contract next offseason as they could in the form of an extension this offseason. Why commit to the highest-possible salary sooner than you have to? At worst, you’re just going to give him the highest-possible salary next offseason, when Irving would become a restricted free agent and Cleveland could match any offers.

The Cavaliers would have no risk of losing him before 2016, and for him to leave that quickly would require him taking a one-year contract. If a five-year max contract is on the table, would Irving really turn that down to accept a one-year deal?

And if Irving accepts a five-year contract as a free agent in 2015 rather than a five-year extension in 2014, he wouldn’t count as a designated player. So if Joel Embiid or Andrew Wiggins or Jabari Parker – the Cavaliers’ top options with the No. 1 pick – is the rare player who’s worth extending to a max deal prior to his rookie contract ending, Cleveland could still do it.

Undoubtedly, there are benefits to give Irving a max extension. It keeps him happy – which could also serve as a negative if it makes him feel too entitled, but is probably a positive – and secures his standing on the team. John Wall became a much better team leader because of his max extension.

I just don’t think the benefits outweigh the cost – especially for a player with Irving’s injury history. The worst realistic-case scenario is him taking a four-year deal with a player option in 2015, and then you have three years to get him to come around and believe in the team (or trade him).

Anyway, the conventional choice is to give a max contract extension to anyone who would deserve a max contract after his third season – and Irving definitely qualifies on that front. So, though the Cavaliers should consider not offering Irving a max extension, that would be bucking precedent. Based on how every other team has handled this situation, Irving deserves a max extension.

And one report says he’ll get one.

Terry Pluto of The Plain Dealer:

Reports about the Cavs even considering backing away from a maximum contract are simply wrong.

My sources tell me that the Cavs have had no doubts about offering Irving the 5-year deal, and will do so. Once July 1 arrives — the first date that an extension can be offered — the Cavs will set up a meeting with Irving. They will present their All-Star guard with a contract extension, a 5-year deal in the $90 million range (or whatever is the maximum number).

The term “max contract” has become a misnomer. Often, it’s doesn’t describe the absolute largest contract a player could sign.

A team signing a player to the highest possible salary over fewer years than the most allowed? “Max.”

A team signing a player to the top starting salary but less than the highest-possible raises? “Max.”

A team re-signing a player to the biggest contract another team could offer, but less than the re-signing team could offer? “Max.”

There are many other examples. Simply, you can’t read a report about a player’s max contract contract and have a full understanding of the picture without more context.

Using a crude estimate of the salary cap in 2015-16,* when Irving’s contract extension would begin, his absolute maximum salary for a five-year extension would be $109,106,328. He’d get that if he’s voted a starter in the 2015 All-Star Game – that vote should be fun! – or wins MVP next season.

Otherwise, his full max would be $90,921,940.

*$67,721,000 – which is based on the cap rising the same amount its projected to rise this year.

That’s why I’m not totally sold on Pluto’s report. It’s quite possible something got lost in translation between his source, him and readers.

Even if the Cavaliers are willing to give Irving a five-year extension, they might not want to give him the full amount he could earn if he meets the Derrick Rose rule criteria (for him, being elected an All-Star starter or winning MVP next year).

That $90.9 million figure is based on 25 percent of the salary cap. The $109.1 million is based on 30 percent of the salary cap.

The extension would be signed with a clause indicating he’d exceed 25 percent only if he qualified under the Rose rule. But if he qualifies, he doesn’t have to get the full 30 percent. He and the Cavaliers could negotiate any amount between 25 and 30 percent. The Pacers did that with Paul George, who got just 27 percent but a player option on the final year of his deal.

So, maybe the Cavaliers would offer Irving 25 percent ($90.9 million) and no escalator if he becomes Rose rule eligible. Or maybe they’ll offer less than the full 30 percent if he qualifies ($109.1 million).

Are those max contract? In the truest sense of the word, no. But they’d get described as max contracts.

Which is why I’m still in the dark about exactly what the Cavaliers are willing to offer Irving this summer.

Hornets sign undrafted Virginia center Mike Tobey

CHICAGO, IL - MARCH 27:  Mike Tobey #10 of the Virginia Cavaliers celebrates in the second half against the Syracuse Orange during the 2016 NCAA Men's Basketball Tournament Midwest Regional Final at United Center on March 27, 2016 in Chicago, Illinois.  (Photo by Jamie Squire/Getty Images)
Jamie Squire/Getty Images
Leave a comment

The Hornets are plenty deep at center with Cody Zeller, Roy Hibbert, Spencer Hawes and Frank Kaminsky.

Just in case…

Hornets release:

Charlotte Hornets General Manager Rich Cho announced today that the team has signed center Mike Tobey.

Tobey went undrafted after four seasons at Virginia then played well for the Hornets’ summer-league team. He’s a good offensive rebounder, and he has some touch with the ball. But his lack of length and athleticism really limit him.

There’s an outside chance Tobey competes with Aaron Harrison, whose salary is unguaranteed, for Charlotte’s final regular-season roster spot. Tobey’s standing and the Hornets’ center depth will work against him.

Most likely, this is just a way for Charlotte to stock its new D-League affiliate, the Greensboro Swarm. The Hornets can waive Tobey after training camp and assign his D-League rights to the Swarm. A partial guarantee on his NBA contract would probably entice him to join the D-League rather than play overseas.

Ex-Wizard Glen Rice Jr. charged with felony robbery, aggravated battery and possession of marijuana

WASHINGTON, DC - DECEMBER 02: Glen Rice Jr. #14 of the Washington Wizards looks to pass while being guarded by Solomon Jones #22 and E'Twaun Moore #55 of the Orlando Magic during the second half at Verizon Center on December 2, 2013 in Washington, DC. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Rob Carr/Getty Images)
Rob Carr/Getty Images
3 Comments

Glen Rice Jr. — the No. 35 pick in the 2013 NBA draft — continues his fall.

He spent a couple years with the Wizards, got waived and then was shot and arrested in a single incident.

Now, he faces more charges.

TMZ:

the 25-year-old was arrested for robbery Monday morning in Georgia … less than a year after he was shot in a bizarre gunfight at T.I.’s restaurant.

Here’s what we know … Rice was booked at 6:37 AM this morning for felony robbery, aggravated battery and possession of marijuana. He has since been released from custody.

Tyler Johnson on $50 million contract: ‘I threw up a couple times when I heard the number’

TORONTO, ON - MAY 15:  Tyler Johnson #8 of the Miami Heat looks on in the second half of Game Seven of the Eastern Conference Quarterfinals against the Toronto Raptors during the 2016 NBA Playoffs at the Air Canada Centre on May 15, 2016 in Toronto, Ontario, Canada.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Vaughn Ridley/Getty Images)
Vaughn Ridley/Getty Images
Leave a comment

You thought it was crazy two teams — the Nets with an offer sheet and the Heat matching it — valued Tyler Johnson at $50 million over the next four years?

Check out his reaction.

Manny Navarro of the Miami Herald:

That’s a lot of money for anyone, especially someone who went undrafted just two years ago. But Johnson worked his way up from the D-League and impressed with his athleticism, feel for the game and outside shot.

There’s a school of thought that sometimes players are better off as restricted, rather than unrestricted, free agents. That was probably true for Johnson, whose status led to Brooklyn going over the top on an offer. Add a skyrocketing salary cap, Johnson was in the right place at the right time.

Ex-Cavalier Sasha Kaun retires

CLEVELAND, OHIO - APRIL 13: Sasha Kaun #14 of the Cleveland Cavaliers works against Joel Anthony #50 of the Detroit Pistons at Quicken Loans Arena on April 13, 2016 in Cleveland, Ohio. The Pistons defeated Cleveland 112-110 in overtime.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by David Maxwell/Getty Images)
David Maxwell/Getty Images
2 Comments

Accompanying their signing of Chris Andersen, the Cavaliers paid Philadelphia to take Sasha Kaun. Cleveland, facing a steep luxury tax, didn’t want to pay both big men. It was cheaper to send the 76ers cash and have them waive Kaun rather than the Cavs doing it themselves.

But perhaps the Cavaliers could’ve just waited out Kaun.

Gary Bedore of the Lawrence Journal-World:

Sasha Kaun, one of only two Kansas University basketball players, along with Hall of Famer Clyde Lovellette, to win an NCAA title (2008), NBA title (2016) and medal in the Olympic Games (2012 bronze), has decided to retire from pro ball at the age of 31.

“I was very blessed and fortunate to play as long as I have. I had a great experience for the (Russian) national team and professionally. Overall, it’s been phenomenal,” Kaun said Saturday in a phone conversation

Kaun said he started thinking seriously about retirement “toward the end of the season. I kind of feel my ankle has been bothering me awhile. With the amount of pain I was going through, I just wanted to be done. It’s something I’ve had all my career,” he added of right ankle problems. “It was definitely getting worse and worse, year by year. Especially coming here (one year in NBA after seven seasons in Moscow) … the intensity of the game I just kind of realized I don’t think I can go and do it any more.

“I said, ‘You know what? I’m not going to be happy playing. I’m not going to be happy not playing. I think it’s a good time to call it quits.’’’

Kaun joined the NBA at age 30 last year — eight years after being the No. 56 pick in the 2008 draft. He played just 95 minutes in 25 games for Cleveland in his rookie and only season.

Perhaps Kaun wouldn’t have retired if he had a roster spot on the defending NBA champions. At minimum, being a free agent made it an easier call.

Kaun was best known professionally for playing for David Blatt both with the Russian national team and the Cavs and not being Kendrick Perkins.