News about Cleveland Cavaliers (page 23)
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NBA market
Kevin Love is re-signing with the Cleveland Cavaliers, he announced Wednesday.He has agreed to a five-year, $110 million contract with the team.
NBA rumors
In an effort to shore up wing depth, the Cleveland Cavaliers have reached out to the representatives of free agent small forward Tayshaun Prince.
NBA market
Cleveland Cavaliers guard/forward Mike Miller has exercised his player option for the 2015-16 season, Cavaliers General Manager David Griffin announced today.
NBA rumors
LeBron James will not exercise a $21.6 million option on his contract for next season, according to a person with knowledge of the decision.
NBA market
The Minnesota Timberwolves acquired the draft rights to guard Tyus Jones and sent the draft rights to forward Cedi Osman and forward Rakeem Christmas.
NBA market
Kevin Love opted out of the final year of his contract and will be a free agent on July 1. Love informed the Cavs on Wednesday.
NBA market
The Cleveland Cavaliers have exercised the option to extend the term of Timofey Mozgov’s contract to include the 2015-16 Season.
Coaches
David Blatt said he absolutely intends to return as coach of the Cavaliers and has the organization’s backing after a 53-win season and trip to the NBA Finals.
NBA rumors
Veteran forward Shawn Marion is following through with plans to retire from the NBA after 16 seasons in the league.
Economy
The Cavs could be on the hook for more than $75 million in luxury tax payments bringing the team near the record $193 million the Nets spent in 2013-14.