Report: Mo Williams will pick up his contract option with Cleveland for next season

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With the NBA’s salary cap set to spike this summer, most players with options for next season are going to opt out to chase big money. Not Mo Williams — he’s set to make $2.2 million with the Cavs next season, and according to Chris Haynes of Cleveland.com, the veteran guard is going to pick up his player option.

Cleveland Cavaliers guard Mo Williams will bypass becoming an unrestricted free agent this summer to pick up his player option for the 2016-17 season, league sources informed cleveland.com.

Williams, 33, signed a modest two-year, $4.3 million deal last season and the second year contained a player option. The deadline for him to opt out is June 16, a league source told cleveland.com. He will earn approximately $2.2 million next season.

Williams, who the Cavs brought in because of his close relationship with LeBron James from his time on the Cavs during LeBron’s pre-Miami years, didn’t play much this season. Opting in is probably smart of him — even with the rising salaries around the league, he’s barely a rotation player anymore and might not be able to get more than the minimum on the open market. One more year of security on a team that will be a title contender is the best move for him.