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This offseason, the Cavaliers were able to flip some of their non-guaranteed contracts (Alonzo Gee and Scotty Hopson) in exchange for Brendan Haywood and Dwight Powell – the latter of which was just traded in the package for Boston’s Keith Bogans. Hopson was signed to a large non-guaranteed deal at the end of last season for the sole purpose of trading him this summer, and Cleveland was essentially able to turn his $1.45 million non-guaranteed deal into Haywood and Bogans.
The interesting thing about the Cavaliers-Celtics trade is that it positions Cleveland to do the exact same thing next summer, since after this season Haywood’s deal is non-guaranteed at $10,522,500 and Bogans’ deal is non-guaranteed at $5,513,435. That means that Hopson (and several other small pieces) allowed the Cavaliers to acquire over $16 million in attractive non-guaranteed deals for next summer.
By stockpiling these non-guaranteed deals, Cleveland could trade for a star-level player and the team parting ways with the star wouldn’t have to take back a single dollar. Throw in some draft picks and maybe a young asset, and suddenly Cleveland has a very interesting package to offer as they try to further improve their star-studded core of LeBron James, Kyrie Irving and Kevin Love.
David Griffin has done a fantastic job as Cleveland’s general manager since landing the job, and this is just another example of his excellent work.
Sam Presti is saying all of the right things when it comes to extension talks with Reggie Jackson. The two sides have until Oct. 31 to reach an agreement on an extension, otherwise Jackson will become a restricted free agent next summer.
Presti said that the team hasn’t even considered trading Jackson if they aren’t able to extend him, which is a question that had to be asked since they traded James Harden to the Houston Rockets under similar circumstances earlier in his career.
Earlier this month, Jackson told The Oklahoman that he hopes to start for the Thunder this year, adding that he “never envisioned coming off the bench.”
Presti said that he was fine with these comments since it shows Jackson is confident in himself and believes he can be an important piece of the team going forward.
Jermaine O’Neal played well over the last two seasons, first with the Phoenix Suns and most recently with the Golden State Warriors.
The 35-year-old averaged 7.9 points and 5.5 rebounds in 44 games for Golden State last season and was a strong locker room presence for the team. However, Myers made it pretty clear that he won’t be back with Golden State this season. This could always change if the Warriors had an injury (and with Andrew Bogut, that’s always possible), but these comments were pretty clear cut.
O’Neal is considering retirement, according to Leung.
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