Cavaliers officially sign Andrew Wiggins, putting 30-day hold on him being traded

73 Comments

If Kevin Love is being traded to the Cleveland Cavaliers, it’s not happening until late August at the earliest.

The Cleveland Cavaliers announced they have formally signed Andrew Wiggins to his rookie contract. This was expected to come this week.

This is a standard No. 1 pick rookie deal, which starts at $5.5 million. The Cavaliers (or whatever team has his rights) can offer an extension after his third season but it would not kick in until his fifth — he will play at least four years on rookie scale.

Under the terms of the Collective Bargaining agreement once a player signs his deal he cannot be traded for 30 days. That doesn’t mean the two sides cannot continue to talk or even come to an agreement, but nothing can be executed.

Wiggins has been at the heart of trade talks between the Cavaliers and Timberwolves that would send Love to Cleveland for a package that would include Wiggins, Anthony Bennett (or maybe Dion Waiters), at least one future first round pick and maybe some other pieces. The trade likely will be more involved than that, with the Cavaliers taking on Kevin Martin or J.J. Barea’s contract as well and sending expiring deals back to Minnesota. Working out the exact form of the deal has been part of the issue in why talks have dragged out.

Still, multiple reports have said the Cavaliers’ Wiggins offer is the best and leading offer right now, but the Cavaliers can use the next 30 days or longer to leverage a deal. The Chicago Bulls have tried to get in a deal and Minnesota President Flip Saunders has tried to leverage Klay Thompson out of Golden State, but to no avail. (Love has some leverage here as he doesn’t have to re-sign where he is traded, teams that cannot keep him wouldn’t give up as many quality assets to get Love.)

Wiggins told ProBasketballTalk at Summer League he’s just trying to keep his head down through all of this.

“I let my agent and my support system handle that, I just love playing the game of basketball and I know the NBA is a business…” Wiggins said. “ I just play basketball man wherever I go.”

The Cavaliers also signed second-round pick Joe Harris to a contract Thursday, a three-year, $2.3 million deal with the first two years fully guaranteed, reports Brian Windhorst of ESPN.

Report: Mavericks will decline $25 million option for Dirk Nowitzki, sign him to new deal

AP
Leave a comment

Dallas Mavericks star Dirk Nowitzki had a huge $25 million team option on his contract for the upcoming 2017-18 NBA season. It now appears that the team will not exercise that option, and will instead try to re-sign their star player for an additional few years.

Given the context of the Mavericks roster, it makes sense that the team would want to allocate its resources as the NBA salary cap goes even further up the scale. Nowitzki’s salary would have remained a huge chunk of change as the Mavericks yet again try to go after free agents this summer.

While a restructuring of his contract to, say, half the amount it would have been originally would not give Dallas room for a max-level free agent, it could at least give them the capacity to go after mid-level exception type of players.

Meanwhile, it’s not clear what kind of contract the Mavericks will try to sign Nowitzki to. Reports at this point say that a two-year deal for Nowitzki Is one of the options are being considered.

The question now will be what kind of deal will Mark Cuban offer his favorite player, And how low Nowitzki Is willing to go.

Via ESPN:

Nowitzki’s advanced statistics were down from prior seasons, particularly affecting his offensive efficiency thanks to dips in both field goal percentage and free-throw rate. He also only played and 54 games last year, a real concern as the Dallas roster looks to be carried by a player going into his age 39 season.

Paul George disputes the idea that he’s already moved out of his house in Indiana

1 Comment

Rumors spread on social media this week as moving trucks were found outside of Indiana Pacers star forward Paul George‘s house. But were they really his?

The user posted photos of giant moving trucks outside of a house in George’s neighborhood to Snapchat. People began speculating wildly that George, the subject of trade rumors for the last few weeks, could be on the move.

Now, the Pacers start has taken to Twitter to dispute the moving trucks as his. So whose were they?

According to George, they were there to move his neighbors.

Via Twitter:

Well I guess that settles that.

The other obvious answer is that they were George’s and NBA players simply move to new locations during the summer. Half of the NBA it seems lives in the Los Angeles area come the off-season, or at least train there, so seeing moving trucks outside of his house would not have been an anomaly if you ask me.

We are past the 2017 NBA Draft and still we have no deal for George. But the NBA off-season is long, and free agency is just around the corner. I am sure that we will see a new landing spot for George in the coming months.

Then we can send somebody on over to see if there are moving trucks at his house.

Hornets’ GM slips up, introduces Dwayne Bacon as Dwyane Wade

5 Comments

It’s a slip that would have made Freud proud.

Charlotte had a good draft night. In the first round, Kentucky shooter Malik Monk fell to them at 11 and they grabbed him. In the second round, they took a smart risk with Florida State wing Dwayne Bacon.

Friday came the usual team press conference with the GM introducing his players and Charlotte GM Rich Cho made a mistake, introducing Bacon as “Dwyane Wade.”

I love Bacon’s reaction.

Cho instantly realized his mistake and laughed it off, then later said: “Actually, I think they have some similarities.” Hornets fans can only hope.

Kevin Durant trolls Westbrook, haters with cupcake hat — now topped with a ring

10 Comments

Back when Kevin Durant and Russell Westbrook were breaking into the NBA together and learning how to win together, one of their veteran mentors was tough guy Kendrick Perkins. When Perkins thought someone was acting soft, he called that player a “cupcake.”

When news broke on the Fourth of July last summer that Durant was leaving OKC for Golden State, the NBA world freaked out. Except for Westbrook. He just posted one Instagram photo that day — a tiered tray of red, white, and blue cupcakes. It was meant as a subtle jab at Durant, but when word got out (via Lee Jenkins of Sports Illustrated) what it meant, Thunder fans embraced it and had cupcake signs and clothing made for Durant’s return to Oklahoma City.

Durant had the last laugh — he’s got a new hat with a cupcake on it, topped by a ring.

Well played Durant. Well played.