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This is an interesting move by the Cavaliers. They’re clearly signing Hopson with the intention of trading his non-guaranteed contract this summer.
Cleveland will be able to include Hopson’s $1.45 million salary in a trade around the draft, but it’s not guaranteed, so his next team could waive him and create salary cap space.
Gee ($3,000,000 non-guaranteed), Dellavedova ($816,482 non-guaranteed) and Varejao (only $4 million of $9,704,545 guaranteed) could be included in the deal to provide further salary cap relief.
Cleveland’s other trade assets include a number of young players as well as a number of first-round picks (their own picks and future first-rounders from the Memphis Grizzlies and Miami HEAT).
Hopson spent this season in Turkey, averaging 15.5 points and 4.2 rebounds for Anadolu Efes. To give him the non-guaranteed, trade-friendly contract, Cleveland had to sign Hopson using their room exception.
Keep an eye on the Cavaliers this summer because it seems they have something up their sleeve.
Wiggins announced that he will enter the 2014 NBA Draft on Monday afternoon, and now the next step for the one-and-done swingman is to find an agent to represent him. Initially, there was a report that LeBron James’ longtime friend and agent Rich Paul was in the mix for Wiggins, but Haynes is refuting that report. Instead, he says that Jay-Z and another unknown agent are competing for Wiggins.
Wiggins’ decision won’t affect his draft stock, as he’s being projected as a top-three pick and who is representing him won’t change that. Wiggins leaves Kansas after a freshman season in which he averaged 17.1 points, 5.9 rebounds and 1.5 assists. He was named the Big 12 Freshman of the Year and named Second Team All-American.
Other notable Roc Nation Sports clients include Okalahoma City Thunder forward Kevin Durant, Seattle Mariners second baseman Robinson Cano, New York Yankees pitcher C.C. Sabathia, New York Giants wide receivers Victor Cruz and Hakeem Nicks, Detroit Lions defensive end Ndamukong Suh, New York Jets quarterback Geno Smith and Tulsa Shock guard Skylar Diggins.
Roc Nation Sports was launched last year, working with Creative Arts Agency. Jay-Z has been able to land some top athletes in several sports, giving the agency credibility and a strong pitch when meeting with up-and-coming prospects, such as Wiggins.
This makes sense for the Lakers. Rather than using the stretch provision on Nash and paying his contract over the next three seasons, they can keep his $9.7 million on the books for next year and have it all come off of the books at one time.
The Lakers are clearly looking ahead to the next two summers and trying to keep their cap room for those offseasons, rather than sacrificing some of their long-term flexibility to trim a little bit of money off of their books this summer.
As the article suggests, L.A. may be doing this to ensure that they can be players in free agency when stars like Kevin Love, LeBron James and Kevin Durant could be available.
Most players under contract with the Lakers have deals that end this offseason, including Pau Gasol, Jordan Farmar, Jodie Meeks, Jordan Hill, Chris Kaman, Xavier Henry, Wes Johnson and MarShon Brooks among others. The only Lakers with guaranteed contracts for next season are Nash, Kobe Bryant and Robert Sacre.
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