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

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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: Timberwolves offered Andrew Wiggins to Nets in sign-and-trade for D’Angelo Russell

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Rumors have swirled about D'Angelo Russell signing with the Timberwolves in free agency this summer.

The huge question: How would capped-out Minnesota make that happen?

Darren Wolfson of SKOR North:

I am told there was some dialogue with Brooklyn to see if the Nets would have some interest in a sign-and-trade, Wiggins for D’Angelo Russell. I don’t sense those talks got even a smidge off the ground. I mean, the Nets are not taking on that contract.

Andrew Wiggins (four years, $122,242,800 remaining) might have the NBA’s worst contract. It’ll be hard to find any team that wants him. Brooklyn – which looks like favorites to land Kyrie Irving and Kevin Durant – certainly isn’t using its cap space on Wiggins.

Maybe the Timberwolves have other ideas for getting Russell. This one obviously would’ve favored Minnesota. It doesn’t hurt to ask.

But if this was the Timberwolves’ plan, we can put the Russell-Minnesota rumors to bed.

Rudy Gobert says he’ll relinquish DPOY to little girl playing adorably intense defense (video)

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I’ve been looking all day for an excuse to post this video on a site called ProBasketballTalk.

Jazz center Rudy Gobertwho just won Defensive Player of the Year – provided it.

Gobert:

Everyone frets about young basketball players emulating Stephen Curry. But Patrick Beverley apparently also has influence.

Report: Knicks considering offering DeMarcus Cousins big one-year contract if they miss on stars

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The Knicks will reportedly roll over their cap space if they don’t sign Kevin Durant, Kyrie Irving or Kawhi Leonard this summer.

Of course, New York must still field a team for 2019-20. After six straight losing seasons – including a franchise-worst 17-65 this season – the Knicks might even want to be somewhat competitive.

A candidate to fill the roster: DeMarcus Cousins.

Marc Stein of The New York Times:

If the Knicks are intent keeping cap space clear for 2020 (when the free-agent class looks weak) if they strike out this year, Cousins could make sense. His shot-creation skills would raise their floor. He was a star not long ago.

But leg injuries have sidetracked Cousins’ career. He’ll turn 29 before the season. It’s not certain he’ll ever return to form.

For that reason, Cousins might prioritize multi-year offers with more total compensation, even if the annual average salary is lower. He can’t assume he’ll stay healthy and productive next season and that huge offers will follow in 2020.

Of course, Cousins might not get those multi-year offers this summer. That’s why a one-year deal in New York could work for him. It’d be another chance to improve his stock, much like his season with the Warriors was supposed to provide.

I doubt either the Knicks or Cousins want this. New York prefers better players. Cousins surely desires a larger long-term deal. But they might have to settle for each other.

Kevin Durant reportedly sells home in California, rumored to have bought one in New York

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Kevin Durant‘s company moved its office to New York. He could follow, to the Nets or Knicks, in free agency.

Maybe he’s already on the way?

Neal J. Leitereg of the Los Angeles Times:

Kevin Durant has wrapped up some business in Malibu, selling his oceanfront home on Broad Beach for $12.15 million.

Accounting for real estate commissions and other fees, the sale comes out as a bit of a wash for the 10-time all-star. He bought the place last year for $12.05 million, The Times previously reported in April.

Ric Bucher of Bleacher Report:

sources familiar with Durant’s off-court business say Durant has since purchased a new home in New York and moved his belongings there.

Many NBA players spend their offseasons in Southern California. I’m not sure what to make of Durant selling his house there. This isn’t Durant selling his condo in San Francisco, where the Warriors will open a new arena next season.

Buying a place in New York would be more significant, but a player buying a house in a city where he could sign is a classic rumor. It often gets spread whether or not it’s true. I’m skeptical of the sourcing here.

But if Durant no longer plans to play in California, it could make more sense to sell his Malibu home. Of course, he could buy another house near Los Angeles. We just know he sold this specific place on Broad Beach. We can’t extrapolate with certainty.

And Durant could buy a house in New York for the offseason. He might want to be closer to his company in the summer. That doesn’t mean he’ll play for New York or Brooklyn.

So, I’d nudge the odds of Durant leaving Golden State for the Nets or Knicks slightly higher based on this information. But I wouldn’t overreact to it.