As the NBA offseason has quieted, the Cavaliers are the only team in the last two weeks to give a free agent more than a minimum salary.
Now, they’re signing Kevin Pangos.
Bobby Marks of ESPN:
Cleveland has agreed to a two-year $3.5M contract with point guard Kevin Pangos, agent Zach Kurtin of @PrioritySports tells ESPN. The first year salary of $1.67M is fully guaranteed.
— Bobby Marks (@BobbyMarks42) September 8, 2021
Pangos’ minimum this season was $925,258. He’ll also apparently earn more than his minimum next season ($1,563,518), as a $1.83 million salary would bring him to $3.5 million total.
Since going undrafted out of Gonzaga in 2015, Pangos – a Canadian – has been playing overseas. The 28-year-old has become one of the better players in Europe/Russia. He’s a solid shooter and distributor.