The Cleveland Cavaliers learned of the luxury tax bill for their championship season on Saturday, when the NBA announced the salary cap for next season, league sources say, with owner Dan Gilbert soon required to send in a check for $54 million.
Sources told ESPN.com that the league’s annual audit — which established a $94.1 million salary cap for the 2016-17 campaign — also officially confirmed that seven teams, led by far by Cleveland, strayed beyond the $84.7 million tax threshold for the 2015-16 season.
Source: Marc Stein of ESPN
REPORT: Carmelo Anthony Traded To Thunder
The Knicks and the Oklahoma City Thunder have reached an agreement that would send Carmelo Anthony to the Thunder in exchange for center Enes Kanter, sharp-shooter Doug McDermont and a 2018 second-round pick via Chicago.
After months of back and forth, the New York Knicks have finally found a trade that both the team and forward Carmelo Anthony would agree to.
According to reports, the Knicks and the Oklahoma City Thunder have reached an agreement that would send Anthony to the Thunder in exchange for center Enes Kanter, sharp-shooter Doug McDermont and a 2018 second-round pick via Chicago.
ESPN’s Adrian Wojnarowski is reporting the deal is complete and will be official pending a Trade Call with the NBA on Monday.
Carmelo Anthony Expands List of Trade Destinations
Carmelo Anthony has widened his list of teams to which he’d accept a trade, including the Cleveland Cavaliers, according to ESPN.
Knicks have been informed that Oklahoma City is one of the other teams Carmelo Anthony has included on his list, team sources told ESPN
— Ian Begley (@IanBegley) September 23, 2017
Source: Adrian Wojnarowski of ESPN
Thunder GM Presti: ‘Tremendous Appreciation’ for KD
In the wake of Kevin Durant’s deleted tweets that slammed his former team and coach, Oklahoma City Thunder general manager Sam Presti responded on Friday by taking the high road and praising Durant’s time with the franchise.
“I, and no one from the Thunder, has anything negative to say about Kevin Durant,” Presti said. “I think we’ve been hopefully very open about the fact that we have tremendous appreciation and respect for what he and his teammates and coaches and everybody over his tenure here accomplished, and I really don’t think there’s anything more to say other than that.”
Source: Royce Young of ESPN