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Sources: Cavaliers Owe League $54 Million in Luxury Taxes

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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

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Report: Giannis Antetokounmpo Named NBA Most Valuable Player

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Milwaukee Bucks forward Giannis Antetokounmpo has been named the 2019-20 Kia NBA Most Valuable Player, the NBA announced today.

This is the second straight Kia NBA Most Valuable Player Award for Antetokounmpo, who becomes the 12th player to earn the honor in consecutive seasons. A native of Greece, Antetokounmpo is the first player from Europe to be selected as the NBA MVP more than once. Antetokounmpo, 25, also joins Kareem Abdul-Jabbar and LeBron James as the only players to win multiple NBA MVP awards by the age of 25.

Source: NBA

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Report: Nick Nurse, Raptors Agree to Extension

Shane Rhodes

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The Toronto Raptors announced Tuesday they have signed head coach Nick Nurse to a multi-year contract extension. Per team policy, financial terms of the deal were not disclosed. This past season, Nurse guided the Raptors to a 53-19 record during the regular season (second best in the NBA) and set a franchise-record with a .736 winning percentage. Toronto also reached the Eastern Conference Semifinals for the fifth straight year.

Source: Toronto Raptors

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Sources: Rockets Interested in Tyronn Lue, Sam Cassell for Head Coach

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Sources: There is mutual interest between the Rockets and Clippers assistant coach Sam Cassell. Cassell started his playing career with the two-time champion “Clutch City” Rockets.


With a head coaching vacancy in Houston, expect the franchise to take a strong look at Los Angeles Clippers assistant Tyronn Lue.

Source: Tim MacMahon and Chris Haynes on Twitter

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