NCAA Men's Final Four - Championship

Report: John Calipari turned down $60 million offer from Cavaliers to stay at Kentucky

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Cavaliers’ owner Dan Gilbert isn’t afraid to make bold moves or spend money on his team. Whether he does either of those things wisely is up for debate, but he will be aggressive.

And he was very aggressive going after Kentucky’s John Calipari to be the next Cavalier’s coach, reports Adrian Wojnarowski of Yahoo Sports (with Brett Dawson of Rivals).

Before finalizing a contract extension with the University of Kentucky late last week, John Calipari had gone deep in discussions with the Cleveland Cavaliers on a seven-year, $60 million-plus contract to become president and coach, sources told Yahoo Sports….

Gilbert and Calipari had discussed a package in the range of $8 million-plus a year, sources said, and it wasn’t until midweek that Calipari finally rejected Cleveland and fully committed to his seven-year, $52 million extension at Kentucky.

That would have given Calipari the same power and control that Doc Rivers has with the Clippers and Stan Van Gundy has with the Pistons — but Calipari would have made more per year than either of them.

Cleveland has some interesting pieces. They have Kyrie Irving (up for an extension to his rookie contract this summer) and they have the No. 1 overall pick in this draft (expected to be Andrew Wiggins or Joel Embiid). New GM David Griffin will have to dig out of a series of reaches from previous drafts that have not panned out as well (Dion Waiters, Anthony Bennett) but if the hardest part of assembling a team is getting the All-Star cornerstones the Cavaliers have that part.

Calipari was the coach and president of the New Jersey Nets for three seasons in the 1990s but was fired.

He returned to the college game and won everywhere he went. The Wildcats reached the NCAA Championship Game last April and, with the Harrison twins returning plus a great recruiting class, they likely will be the preseason No. 1 team in the nation again.

Calipari has built Kentucky into a power and he could stay there and win there as long as he wants. He may want to try his hand in the NBA again, but he can pick and choose his timing and landing spot. He will have options.

And he chose not to take Cleveland right now.

Dion Waiters explains decision to sign with the Heat in an Instagram post

OKLAHOMA CITY, OK - MAY 24:  Dion Waiters #3 of the Oklahoma City Thunder reacts in the first quater against the Golden State Warriors in game four of the Western Conference Finals during the 2016 NBA Playoffs at Chesapeake Energy Arena on May 24, 2016 in Oklahoma City, Oklahoma. 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 Ronald Martinez/Getty Images)
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On Monday, Dion Waiters agreed to a one-year, $2.9 million deal with the Heat, far less than most people thought he would get as one of the few significant free agents still on the market. Tuesday afternoon, he posted an explanation on Instagram for his deal.

Here’s what he said:

I didn’t do it for the money… I did it for the opportunity to go out & ball & have fun. Everything else will take care of its self!!! I just felt like it was the best situation for me…& my family. I could have waited & got wat I wanted. But I rather be happy then miserable at the end of the day!!! Meaning Yu can have everything & still not be happy… #heatnation let’s get it!!! #provethemwrong #stamped #Philly

It seems clear, based on the market, that the kinds of offers Waiters was hoping for weren’t out there for him. In Miami, with Dwyane Wade gone, he’ll probably start at shooting guard and have plenty of opportunities to prove himself in hopes of landing a long-term deal next summer.

Report: Celtics sign second-round pick Demetrius Jackson to four-year deal

PHILADELPHIA, PA - MARCH 27:  Demetrius Jackson #11 of the Notre Dame Fighting Irish walks to the bench late in the second half against the North Carolina Tar Heels during the 2016 NCAA Men's Basketball Tournament East Regional Final at Wells Fargo Center on March 27, 2016 in Philadelphia, Pennsylvania.  (Photo by Elsa/Getty Images)
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While we wait for the Celtics to make a bigger move to trade for another star, they’re filling out the end of their roster. Sheridan Hoops’ Michael Scotto is reporting that they’ve signed Demetrius Jackson, the No. 45 pick in last month’s draft, to a four-year deal.

Jackson declared for the draft after his junior season at Notre Dame. Talent-wise, he has the chance to be a major steal for Boston — DraftExpress has him ranked as the 17th-best overall prospect in this year’s draft class. But he might not play much his first year. The Celtics’ roster is already crowded and there’s still the chance that they’ll make another move with some of their much-vaunted assets if the right star becomes available.

Hawks sign former Michigan State center Matt Costello

ST LOUIS, MO - MARCH 18: Matt Costello #10 of the Michigan State Spartans handles the ball against Darnell Harris #0 of the Middle Tennessee Blue Raiders in the second half during the first round of the 2016 NCAA Men's Basketball Tournament at Scottrade Center on March 18, 2016 in St Louis, Missouri.  (Photo by Dilip Vishwanat/Getty Images)
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ATLANTA (AP) — The Atlanta Hawks have signed undrafted rookie free agent center Matt Costello of Michigan State.

The 6-foot-9, 245-pound Costello averaged 5.7 points and 5 rebounds on the Hawks’ summer league team in Las Vegas.

Costello averaged 10.7 points and 8.2 rebounds as a senior at Michigan State. He holds the school’s career record with 146 blocked shots.

Terms of the deal were not released.

Watch Jamal Crawford drop an effortless 44, hit game winner at Seattle pro-am

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Jamal Crawford knows how to get buckets.

He does it against NBA level defenders, so put him in a free-flowing pro-am — let’s say the Seattle pro-am in his hometown — and he barely breaks a sweat dropping 44. And nailing the game winner.

Doc Rivers hopes to see a lot of that next season.