Posts Tagged ‘Cleveland Cavaliers’

Duncan, James set to re-sign


VIDEO: Digging in on the Cavs’ offseason moves

HANG TIME NEW JERSEY — The two best free agents of 2015 (and given good health, the two best bargains of the coming season) didn’t reach agreements with their teams until Thursday, the ninth day of free agency and the first day when deals could be officially signed.

Of course, we knew all along that Tim Duncan and LeBron James were going back to San Antonio and Cleveland, respectively. But we were waiting on the terms of Duncan’s deal and for James to break his silence and/or get back from his vacation.

According to our David Aldridge, Duncan will be back with the Spurs for just $5 million this season, meaning that his former back-up, Aron Baynes, will be getting more money from the Detroit Pistons. It also means that the Spurs have additional flexibility under the salary cap after they sign Duncan and LaMarcus Aldridge (to a max contract starting at $19.7 million), with cap holds for Danny Green and Kawhi Leonard on the books. They could have about $2.2 million to offer a new back-up center.

James, meanwhile, is taking the maximum allowed from the Cavs, as expected.

He can opt out again next season and sign a more lucrative deal for 2016-17. And it would make sense for him to become a free agent again in 2017 (for the fourth straight summer) to really get paid after that, when the salary cap reaches its peak and when the Cavs have his full Bird rights.

The Cavs have new deals in place with James, Kevin Love and Iman Shumpert, as well as with the returning Mo Williams. They’ve yet to reach agreements with restricted free agents Matthew Dellavedova and Tristan Thompson, and J.R. Smith seems to be hanging in the wind at this point.

Cleveland also has yet to find a deal for Brendan Haywood‘s non-guaranteed, $10.5 million deal for next season.

Cavs talk Joe Johnson trade


VIDEO: The New York Post’s Tim Bontemps talks Nets

HANG TIME NEW JERSEY — The Cleveland Cavaliers already have one of the best starting lineups in the league (assuming that they re-sign LeBron James). Could they get even better by adding Joe Johnson?

ESPN’s Brian Windhorst reports that the Cavs are thinking about acquiring Johnson and the final season on his giant contract…

The Cleveland Cavaliers are considering trading for Brooklyn Nets star Joe Johnson with their Brendan Haywood contract chip, sources told ESPN.com.

Haywood has a $10.5 million non-guaranteed contract if waived before Aug. 1, an asset that has gained value over the last several days as other teams use up their cap space. The Cavs have been looking for perimeter help, and Johnson would certainly provide a major boost as an additional scoring and shooting option.

The Nets are actively looking to move Johnson to reduce their tax burden this upcoming season as they are facing paying the repeater tax, which would be the most punitive luxury penalty in league history. The Nets have held talks with several teams, including the Memphis Grizzlies, sources told ESPN’s Marc Stein.

A trade of Haywood (with a salary of $10.5 million for 2015-16) and Anderson Varejao ($9.6 million) for Johnson would work under the league’s trade rules. Haywood’s contract is completely non-guaranteed, so the Nets could waive him, erase that $10.5 million from their books and save almost $70 million next season ($19.5 million in salary and $49.1 million in luxury tax, because they would be subject to repeater levels).

Of course, Johnson has been a very good and very durable player for the Nets over the last three years. The deal represents a decision of saving money vs. competing for a playoff spot.

It also represents a choice between saving money this season and saving cap space for next summer. Johnson has just this coming season left on his contract, but Varejao has three more years left on his deal. His 2017-18 salary is completely non-guaranteed, but $9.4 million of his $10.4 million salary for 2016-17 is guaranteed and would eat into their 2016 cap space.

The Nets could trade Varejao for an expiring contract. One suggestion from the Twitterverse: Varejao to the Los Angeles Clippers (who are desperate for a center to replace DeAndre Jordan) for Jamal Crawford, who has just one year left on his deal at $5.7 million. (The Clippers would have to include an additional piece).

Of course, the Cavs could make that swap themselves if they choose not to go for Johnson, who would take their own luxury tax to the sky. They will surely have other options with Haywood’s non-guaranteed contract. But this deal would create one heck of a lineup.

Morning shootaround — July 3


VIDEO: The Heat will get a crack at pitching to LaMarcus Aldridge

*** FREE AGENCY COVERAGE JULY 3 ON NBA TV: Free Agent Fever: 2 p.m. to 4 p.m. ET ***

DAY 2: Complete Free Agency Recap

Report: Lakers, Heat get meeting with Aldridge | Matthews, Mavs agree to deal | Report: Cavs, Dellavedova nearing dealReport: Lopez, Knicks have near-deal | Suns make their intentions known

NEWS OF THE MORNING

No. 1: Report: Lakers get second meeting with Aldridge; Heat on tap, too — The old saying goes that everyone deserves a second chance. Apparently that’s true in NBA free agency as the Los Angeles Lakers got another shot at wooing LaMarcus Aldridge after their first attempt was more or less poorly received by free agency’s No. 1 target. Mike Bresnahan and Broderick Turner of the Los Angeles Times have more on the second Aldridge-Lakers meeting, which wasn’t too impressive to Aldridge either:

The Lakers got a do-over with LaMarcus Aldridge, an attempt to amend their pitch to the free-agent power forward Thursday after their initial Tuesday night presentation flopped.

The effort was improved, but Aldridge apparently wasn’t “wooed by it,” according to a person familiar with the meeting.

Figuring they had nothing to lose, the Lakers requested a second meeting and were granted it, sitting down in a much less crowded room with Aldridge and fully aware he thought their initial message was too heavy on branding opportunities in Los Angeles and too light on actual basketball talk.

Aldridge was particularly down on the first presentation’s lack of analytics and on-court projections, something General Manager Mitch Kupchak and Coach Byron Scott hoped to change as the Lakers’ only representatives Thursday.

It was unclear what Aldridge immediately thought of the redo, or “follow-up” as the team tried to phrase it, but the Lakers were believed to have accented his importance in the franchise’s attempted turnaround after a 21-61 season. Another glaring issue that needed revisiting — their lack of an effective center, an increasingly important concept for a four-time All-Star who preferred playing only power forward.

The Lakers currently have two big men with NBA experience — center Robert Sacre and power forward Tarik Black. They have failed to find any others.

The Lakers’ meeting with free-agent center DeAndre Jordan on Wednesday didn’t come close to making a dent in his plan to go to Dallas or stay with the Clippers.

Before free agency began, the Lakers were the co-favorites with San Antonio to pry Aldridge from Portland, but that was scuttled after their failed first crack at him.

ESPN.com’s Ramona Shelburne also confirms the Aldridge meeting with the Lakers and has info on his planned meeting with the Heat, too:

One source with knowledge of both meetings said it took more than an hour before the Lakers laid out a vision for rebuilding their roster and how Aldridge fit into that in the first meeting. The presentation also was wholly lacking in analytics, which came across even worse after the analytics-minded Houston Rockets followed them into the room Tuesday night.

After getting feedback on Aldridge’s reaction to their presentation, the Lakers requested and were granted a second meeting Thursday night. One source said they made a point of apologizing to the 29-year-old Aldridge for not giving a more well-rounded presentation and thanking him for giving them a second chance. In addition to general manager Mitch Kupchak and coach Byron Scott, they brought assistant coach Mark Madsen to the presentation. Madsen is the liaison between the coaching staff and the franchise’s analytics staff.

After meeting with the Lakers, Aldridge left for a dinner meeting with Miami Heat president Pat Riley, a source told ESPN’s Marc Stein. The Heat’s foray into the Aldridge sweepstakes comes hours after the team agreed with Dwyane Wade on a one-year, $20 million contract. The Heat would have to shed significant contracts and players to clear enough room to make a maximum contract offer to Aldridge, or work with the Portland Trail Blazers on a sign-and-trade likely involving Chris Bosh.

One team apparently out of the Aldridge sweepstakes is the New York Knicks, as the veteran forward canceled his planned meeting with the team, according to reports.


VIDEO: David Aldridge on the Lakers’ free-agency pitch to LaMarcus Aldridge

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Free agents ‘at 2015 prices’ trigger NBA’s Day 1 spending spree


VIDEO: Free agents winners and losers after Day 1

“Unfinished business” was the term Kevin Love used, more or less kicking off the first day of NBA free agency Wednesday with his announcement, via The Players’ Tribune, that he would be sticking with Cleveland Cavaliers in pursuit of LeBron James-led championships.

“Irrational exuberance,” though, was the label that came to mind as the shopping and the bidding and the spending (pledges of it, anyway, when deals actually can be consummated July 9) spiraled ever higher. That phrase was former Federal Reserve Board chairman Alan Greenspan‘s, used to characterize the overheated stock market during the dot.com bubble of the 1990s.

From Love and Cleveland teammates Tristan Thompson and Iman Shumpert to San Antonio’s Kawhi Leonard and Danny Green, from young franchise cornerstones such as Anthony Davis and Damian Lillard to DeMarre Carroll becoming Toronto’s highest paid player, the frenzy to find, pitch and lock up players at heretofore staggering amounts of money was more than even some players could grasp:

By 7 p.m. Eastern time, with several agreed-upon deals to go, NBA teams had committed approximately $1.1 billion dollars to players who hit the open market at 12:01 a.m. Among the biggest contracts: Love’s five-year, $110 million to stay with Cleveland, Davis’ five-year, $145 million extension to play for the Pelicans for the next six seasons and Lillard’s $120 million over five years to serve, perhaps, as Portland’s last tent-pole player as the Blazers face a potential rebuild.
And just because that sort of spending wasn’t unprecedented …

… doesn’t mean it wasn’t breathtaking.

With so much of the NBA’s business focused on the summer of 2016 – when the revenue from broadcast rights increases geometrically, taking the salary cap from about $69 million to an estimated $90 million – owners and general managers dug deep to cut deals at 2015 prices. Or, more accurately, at 2015’s percentage of payroll.

Look at it this way: an $11 million player by 2016-17, for example, will eat up the same amount of cap space as a $7.7 player this past season ($63 million cap). That could turn a number of Wednesday’s personal lottery payoffs into something if not reasonable by an average Joe’s or Jill’s standards, at least into something manageable.

One of the surprises of the day, then, was that so many players were willing to lock in rather than hold off or “gimmick-contract” their way to another bite at the platinum apple in a year or two. Love, perhaps thinking of his own troubling history of injuries, went “all in” with the Cavaliers, grabbing a deal that will still be in effect when James turns 35. Davis dried up the premature drooling in Chicago and probably 28 other markets by teams and fans hoping to pry him loose from New Orleans sooner than 2021.

Here was another surprise: Of the top 15 or so players who agreed to terms Wednesday, 10 or more (depending on your rankings) chose to stay put, re-signing with their current teams. Of those who will be playing elsewhere come autumn, Tyson Chandler‘s four-year, $52 million deal with Phoenix and Carroll’s four-year, $60 million package with the Raptors probably rate as the biggest moves.

(It will be interesting to see Carroll playing north of the border, technically making him an international player. He’s the guy who, when asked during the Eastern Conference finals what he might say to Cleveland’s feisty Matthew Dellavedova about his reckless play, wondered if the “foreigner” even spoke English. Like Australians, Carroll will learn, Canadians mostly speak English too.)

There was, of course, plenty of unfinished business. LaMarcus Aldridge was the straw stirring Wednesday’s drink, even as his interviewing of teams continued. San Antonio emerged as a likely destination for the All-Star power forward, if he does leave Portland, with the Spurs pitching a baton hand-off from Tim Duncan to Aldridge and a makeover on the fly with Leonard and the team’s aging core still formidable enough to contend.

Things didn’t go well, apparently, for the Los Angeles Lakers in their wooing of Aldridge. Word leaked almost immediately that the Blazers’ big man was unimpressed by a lack of vision for the on-the-court product. Glitz alone didn’t look as if it would cut it, with the Lakers said to be dropped from Aldridge’s list.

Other names remain in play: Marc Gasol, Greg Monroe, DeAndre Jordan, Monta Ellis, Wesley Matthews, Rajon Rondo, Reggie Jackson, Dwyane Wade and James himself. Draymond Green reportedly got a deal done later in the day with Golden State, suffering a hiccup or two more than Leonard or Jimmy Butler as a restricted player who wasn’t required to secure an offer sheet elsewhere.

The Lakers had their Aldridge embarrassment while their East Coast counterparts as marquee franchise mired in current muck, the New York Knicks, registered barely a blip on Day 1. In the NBA of 2015, the Cleveland Cavaliers committed in excess of $230 million to three players (Love, Thompson, Shumpert) while the Knicks looked to have trouble getting people even to take their calls.

That all could change Thursday, naturally. And we’re pretty certain to see fireworks Friday and Saturday, on both the Old Glory and new money fronts.

Morning shootaround — July 1


VIDEO: David Aldridge breaks down the state of the unrestricted free agents

*** FREE AGENCY COVERAGE JULY 1 ON NBA TV ***

Free Agent Fever at 8 a.m. ET, 2 p.m. to 6:30 p.m. ET, and again from 7 p.m. to 11 p.m. ET 

Report: Aldridge meeting with Lakers went ‘well’ | Kings chasing Lin, Rondo | Report: Lakers plan to meet with Love | Report: Cavs reach out to Prince; Williams hopes for return | Report: Ellis, Pacers in talks | Report: Nets finalizing deals with Lopez, Young

NEWS OF THE MORNING

No. 1: Report: Aldridge’s meeting with Lakers goes ‘really well’  The NBA’s free agency period opened last night with the usual — a lot of talk, a handful of moves and a stage set for an even bigger Day 2 of the chatter. LaMarcus Aldridge of the Trail Blazers is the No. 1 target, of course, and met with the Los Angeles Lakers last night and, according to ESPN.com, the report went as well as it could for both sides:

The Los Angeles Lakers were the first to sit down with LaMarcus Aldridge when free agency opened Tuesday night, and their meeting lasted nearly two hours, sources told ESPN.com.

The meeting went “really well,” a source who was in the room for the Lakers’ presentation told ESPN.com’s Ramona Shelburne.

“LaMarcus seemed completely focused,” a source told Shelburne.

The Lakers’ contingent included Kobe Bryant, president Jeanie Buss and general managerMitch Kupchak.

The Houston Rockets met with Aldridge after the Lakers.

Aldridge also will meet with the San Antonio Spurs, Dallas Mavericks, Phoenix Suns and Toronto Raptors on Wednesday and with the New York Knicks on Thursday, league sources told ESPN.com.

According to one source, the chance of Aldridge staying with the Portland Trail Blazers is “very unlikely.”

ESPN.com reported in May that the Spurs and Mavericks strongly believe they’ll have a great shot to lure Aldridge back to his home state of Texas. But sources said last week that Aldridge is actually thinking more and more about a free-agent jump to the Lakers.

The Lakers, sources added, firmly believe they will now be in the Aldridge hunt. And there is a rising sentiment, sources said, that the Lakers have edged past the Mavericks on Aldridge’s wish list even though he was a high school star in Dallas.

The Spurs, sources say, continue to be Aldridge’s most likely destination if he goes through with the idea of leaving the Blazers to start anew.

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Cavaliers could help Spurs’ pursuit of Aldridge, but should they?


If the Cleveland Cavaliers make it back to the Finals next June and find themselves facing a familiar LeBron James nemesis, the San Antonio Spurs, remember this day.

This is the day, on the eve of NBA free agency 2015, that scenario began to seriously take root.

The LaMarcus Aldridge-to-San Antonio speculation already had a good head of steam, but clearing sufficient cap space — sending off Tiago Splitter or Boris Diaw, for instance, and likely more — to sign Aldridge away from the Portland Trail Blazers while taking care of the Spurs’ other summer business was going to be a challenge. If they didn’t get creative, GM R.C. Buford, coach Gregg Popovich and the rest might wind up dredging a rut in their roster so deep, they could end up taking two steps forward, one back.

Then this emerged Tuesday, the day before the week of free-agent moratorium:

By trading for Haywood and his non-guaranteed salary, the Spurs could cut him loose and use the salary cap space it frees up to take care of more pressing priorities beyond Aldridge. Like keeping Danny Green, the 3-point shooter and solid perimeter defender so essential to their Finals runs in 2013 and 2014. This would, of course, require precise bookkeeping and expert timing in a concrete if/then arrangement triggered first and foremost by Aldridge. As noted by Spurs beat writer Jeff McDonald:

It sounds great for the dynasty lovers down in Texas and, presumably, the Cavaliers would get something they want in return, either from San Antonio or a third team. But would it be enough to prompt them to facilitate the makeover ambitions of a serious rival for the NBA championship? The Spurs qualify as that pretty much every year, but landing Aldridge, re-upping Kawhi Leonard and not tearing down the rest of the roster would have them on the extremely short list that already has James and the Cavaliers, the Golden State Warriors and maybe one other team or two.

Do you really want to have to beat a formidable opponent in June that you could have undermined way back in July, if only you hadn’t served up exactly what its architects and capologists were seeking?

It makes (dollars and) sense for James to pursue free agency … again and again


VIDEO: LeBron James’ top 10 playoff plays

HANG TIME NEW JERSEY — News broke Sunday afternoon that LeBron James has reportedly informed the Cleveland Cavaliers that he will opt out of the second year of the contract he signed last season.

This news was expected and doesn’t mean that James is leaving Cleveland again. All indications are that the best player in the world intends to re-sign with the Cavs. But even if he wants to stay with the wine and gold for the rest of his career, he’s probably going to become a free agent next summer and the summer after that, too. And it’s mostly about the money.

Free agency does give James some leverage. It keeps the pressure on Cavs management to do everything it can to give him the best supporting cast possible.

It also makes James a richer man.

James’ option for the 2015-16 season was for a little less than $21.6 million. A new contract this summer (for a player with at least 10 years in the league) could start at at maximum of about $22.0 million. (We’ll know the exact number when the 2015-16 salary cap is officially announced on or around July 8.) That’s not a huge raise (especially when you take income taxes into account), but it’s worth the paperwork.

James will have much more incentive to become a free agent in 2016 and 2017, when the salary cap is expected to make two big jumps, thanks to the new TV contract.

Assuming James signs another two-year, max deal with an option in the second year (a one-plus-one contract) again this summer, the ’16-17 option would be for about $23.0 million. But a new, max contract next summer could have a ’16-17 salary of more than $29 million.

That deal could have a second-year option (for ’17-18) of about $30.5 million. But a new, max contract in 2017 could have a starting salary of more than $35 million.

There’s another reason why James should want to be a free agent in 2017. That’s the year when the Cavs would have his Bird rights.

Bird rights are for free agents who have spent three years with a team (or are traded with Bird rights). Since James signed a new contract with the Cavs in 2014, he needs to spend two more years in Cleveland for the Cavs to have his Bird rights.

Why does that matter? Well, without Bird rights, a contract can only be for a maximum of four years, with raises of only 4.5 percent of the initial salary. With Bird rights, a contract can be for five years, with raises of 7.5 percent of the initial salary.

And the year that James, assuming he intends to play another six years in Cleveland, gets his Bird rights happens to coincide with the year when it would behoove him to finally sign a longer contract. After big jumps in 2016 and 2017, the salary cap is expected to go down in 2018. So the first year of a contract signed in 2018 would be less than the second year of a deal signed in 2017.

At 32 years old in 2017, James would be subject to the “Over-36″ rule on a five-year contract, so a deal then would likely be for just four years. But with Bird rights, it could start (based on current salary cap projections) at more than $35 million (the highest salary in NBA history) and reach more than $43 million in ’20-21.

20150628_james_salaries_2

Of course, 2017 is also the year when the league or the player’s union could opt out of the current collective bargaining agreement. And a new CBA could change the parameters of contracts signed from then on. But as things stand, it makes financial sense for James go through free agency for four straight summers. This is just year No. 2 of that stretch.

Report: LeBron opts out, expected to re-sign with Cavs

HANG TIME HEADQUARTERS — LeBron James, as expected, has reportedly opted out of his contract for 2015-16.

By opting out, James exercises a little leverage on the Cavs, who now have just four guaranteed contracts – those of Joe Harris, Kyrie Irving, Timofey Mozgov and Anderson Varejao – on their roster. Only two of those guys were in their playoff rotation. Like James, Kevin Love and J.R. Smith are opting out of the final year of their contracts. Mike Miller also has a player option, while Matthew Dellavedova, Iman Shumpert and Tristan Thompson are all restricted free agents.

Even if James plans on re-signing with the Cavs, opting out allows him to get a small pay raise for the 2015-16 season. His player option was for a little less than $21.6 million, but he can sign a new contract that starts at about $22.0 million.

That new deal is likely to be for just two years, with another opt-out next summer. With the salary cap projected to rise almost $22 million for the 2016-17 season, James could get a much bigger raise then.

Morning shootaround — June 26


VIDEO: How will Karl-Anthony Towns fit in with the Timberwolves

NEWS OF THE MORNING

Report: Hibbert to opt in; West headed to Knicks? | Olshey denies talk Aldridge is opting out | Riley: ‘No doubt’ we want Wade backJames very engaged in Cavs’ offseason work

No. 1: Report: Hibbert opting in with Pacers; Report: West to Knicks?  The Indiana Pacers have watched center Roy Hibbert develop mid first-round pick in 2008 (No. 17 overall) to an All-Star in 2011-12 and 2013-14. However, as most Pacers fans will tell you, those accolades ring a little hollow as Hibbert has basically not been the same player since last season’s All-Star break. His stats have tailed off and last season, his blocks per game dropped to their lowest mark since 2008-09 (1.6). Indiana already has word that power forward David West is opting out, but according to GrantLand.com’s Zach Lowe, Hibbert will not do likewise.

And speaking of West, could he end up signing with one of the Pacers’ longtime rivals? According to Jared Zwerling of BleacherReport.com, the Knicks may be where West ends up:

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No. 2: Blazers GM Olshey denies Aldridge says he’s leaving — We reported in this space yesterday that Portland Trail Blazers star forward LaMarcus Aldridge is all-but gone from Oregon this summer in free agency. While that storyline has gained a lot of traction in the last 24 hours, Blazers GM Neil Olshey isn’t buying it and spoke out about the chatter during last night’s post-Draft news conference. Mike Tokito of The Oregonian has more:

After all the recent reports that LaMarcus Aldridge was not going to return to the Trail Blazers, general manager Neil Olshey – in one of his regular telephone conversations with the All-Star power forward – asked Aldridge about it.

“I actually asked him how would you like me to address it,” Olshey said. “He said, ‘Just say it’s not true. You and I know where we’re at right now.'”

“I hung up with LaMarcus about a half hour ago,” Olshey said “LaMarcus and I speak multiple times every week. He was as bemused by the report as I was.”

An ESPN report indicated that the Blazers’ trade of Nicolas Batum to Charlotte on Wednesday was a sign that the Blazers were conceding that Aldridge was leaving, and that the Blazers were beginning to rebuild without him. Olshey reiterated several times that the reports were incorrect.

“It was misreported, it’s not true,” Olshey said. “I can tell you he has not informed anybody in this organization his intention not to return to this team.”

Olshey added that the Blazers knew that Aldridge, a four-time All-Star, would attract plenty of attention as an unrestricted free agent.

“We’ve always known that LaMarcus is going to have a robust free agent market,” he said. “It was a market we were going to compete in. It’s a market we’re still planning to compete in. But in no way has he given us any indication that he’s not returning to the Trail Blazers.”


VIDEO: GM Neil Olshey addresses the LaMarcus Aldridge rumors

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No. 3: Riley: ‘No doubt’ we want Wade backDwyane Wade has yet to talk with the Miami Heat’s brass about what his future is with the team. Wade is pondering whether or not to opt out of his contract and has until Monday to do so. For his part, team president Pat Riley doesn’t want Wade going anywhere, writes Chris Wallace of ESPN:

Heat president Pat Riley insists retaining Dwyane Wade will be a top priority if the franchise’s most decorated player opts out of his contract and enters free agency next week.

But speaking on the Wade situation for the first time since reports of potential friction between the two sides surfaced last month, Riley said he hopes to reach a deal that keeps Wade in Miami for the rest of his career. Wade has spent all 12 seasons of his NBA career with the Heat since he was drafted in 2003.

“We want Dwyane back. There’s no doubt about that,” Riley said late Thursday night after the Heat completed their draft selections. “He’s been here 12 years. We’ve had cordial discussions with him. The one thing I learned about free agency is that when a player has an opportunity to be a free agent, I think you give him the space and time to think about that.”

Wade, 33, has declined interview requests about his future but said during an ESPN on ABC broadcast appearance at the NBA Finals that he would deal with his future after the July 1 start of free agency. Those comments seemed to indicate that Wade is planning to opt out of his deal. There also has been reported interest between Wade and potential free-agency suitors such as the Los Angeles Lakers, Los Angeles Clippers, New York Knicks, Milwaukee Bucks and Detroit Pistons.

Although Wade is believed to be seeking a three-year deal worth at least $45 million if he opts out, the Heat want to convince him to allow the team enough financial flexibility to pursue top free agents next summer, when Anthony Davis and Kevin Durant could be on the market. But Riley also acknowledged Thursday that Wade has sacrificed as much as any player in franchise history to help the team.

“Everybody in this organization over the years has had to sacrifice,” Riley said. “The one player [as much as anyone] that’s had to sacrifice for the sake of winning has been him. This is now getting down to business. We respect him. We want him back. We want him here for the rest of his career. And we’re going to try to do everything to make that happen.”

A year after enduring LeBron James‘ departure in free agency, Riley was asked whether he could envision a scenario in which Wade would walk away from the team he helped lead to three NBA titles.

“I’m not a pessimist when it comes to that,” Riley said. “We have a lot to offer here with all of our free agents — with Dwyane, with Goran, with [Deng]. Whatever I think today is really irrelevant. I want all of them to come back. I’d like to make a deal with all of these players and keep the team we built last year. We’ll find out on July 1. Before that, it really is all speculation. Everybody should just chill a little bit and wait until July 1.”

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No. 4: LeBron ‘very engaged’ with Cavs about roster future — The Cleveland Cavaliers have some roster decisions to make this summer about several players — J.R. Smith, Kevin Love, Matthew Dellavedova — key to the defending Eastern Conference champions. Of course, their star, LeBron James, can opt out this summer, too, but he is expected to stay in place. As for the other names here? No one knows what they’ll do, but according to ESPN.com’s Dave McMenamin, James has management’s ear often about the future of the roster:

J.R. Smith did not inform the Cleveland Cavaliers he planned on opting into his $6.4 million contract for next season by Thursday’s 11:59 p.m. ET deadline and thus will become an unrestricted free agent on July 1 by default, according to Cavs general manager David Griffin.

“If it’s the right situation for us, yeah,” Griffin said late Thursday night when asked if the Cavs are interested in re-signing Smith. “We certainly intend to pursue those conversations.”

Smith, who turns 30 in September, is one of several key members of the Cavs team that came two wins short of a ring that will be seeking new contracts this summer. They include Kevin Love, who opted out of the final year of his contract earlier this week, as well as Tristan Thompson, Iman Shumpert and Matthew Dellavedova, who will be seeking new deals this offseason.

LeBron James also has until June 29th to opt in to his contract for next season, worth $21.6 million, or join that aforementioned pool as an unrestricted free agent.

Griffin said James has yet to tell the Cavs his plans “relative to free agency” but added that there has been frequent communication between James and the franchise since the Finals ended.

“We’ve heard from him every day, pretty much, relative to our roster,” Griffin said. “He’s very engaged with us.”

When asked if he was concerned that Love could visit with other potential suitors — the Los Angeles Lakers, Portland Trail Blazers, Boston Celtics, Phoenix Suns and Houston Rockets have all been reported to have some interest in the power forward’s services — Griffin said, “not really, no.”

“Again, I think he’s been very clear with what his intentions have been all along,” Griffin said. “Certainly, anytime he’s stood in front of anybody, he’s said that. I’m not concerned about it, yet at the same time, we’re very much intending to pursue him the instant that we’re able to.”


VIDEO: GM David Griffin discusses the Cavs’ Draft night

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SOME RANDOM HEADLINES: The Utah Jazz made a late run to try and trade up and get Justise Winslow in last night’s Draft … Does Ty Lawson think he’s being dealt to the Sacramento Kings? … Are the Kings pondering firing George Karl over all the DeMarcus Cousins chatter?

Draft Day 2015 Rumblings

From NBA.com staff reports

The day many teams are hoping will be the one that helps jump-start their team in any number of directions is finally here — NBA Draft day. As we get into the day and through it, there will be plenty of news — some Draft-related, some trade-related, some about opt-ins and opt-outs and other news — that will come down the pike. This is your one-stop shop for all of it, so keep coming back all day (and night) for the latest buzz …

Update: 5:38 p.m. — Wardrobe Watch …

The fashion show that is Draft night is almost ready for take off. Karl-Anthony Towns and D’Angelo Russell are suited up and ready to go …

Update: 4:25 p.m. — Report: Aldridge done with the Trail Blazers

Let the free agent craziness begin, almost a full week in advance. LaMarcus Aldridge, according to Bleacher Report, has informed the Portland Trail Blazers of what has been widely speculated for a while now. He is done with Portland and the Trail Blazers and ready to seek his fortune elsewhere in free agency …

Update: 4:10 p.m. — Frank the Tank … Moving on up?

Nothing is more fluid just hours before the actual Draft than the Draft projections that continue to cloud the picture. Count Frank Kaminsky among the last-minute climbers up Draft boards around the league, per TNT’s and our very own David Aldridge. Weeks ago Kaminsky was slotted as a late lottery and middle of the first round pick. But now he could go somewhere in the bottom of half of the top 10, if you believe the projections …

Update: 4:01 p.m. — Rockets make No. 18 pick available?

You cannot have Draft night without a little Daryl Morey/Houston Rockets intrigue. The Rockets want in on the LaMarcus Aldridge and Kevin Love free agent sweepstakes and, according to Ken Berger of CBSSports.com, they’re using the No. 18 pick in the Draft to try and make some room …

Update: 3:26 p.m. — DMC still salty about trade talk

Give DeMarcus Cousins credit for handling his frustration about being involved in trade talks properly. The All-Star big man continues to vent without taking direct shots at anyone in particular. But it’s clear he remains unhappy with the way things are being handled …

Update: 3:19 p.m. — Celtics ready to move if Okafor falls

There are still some who believe in the power of the big man. The Boston Celtics are prepared to pounce on Jahlil Okafor if he slips out of the top two slots of the Draft tonight. They are willing to make Marcus Smart available in that “Godfather” offer to get it done, according to RealGM.  …

 

Update: 2:44 p.m. — Movement in Boston, Lakerland?

Two of the NBA’s most glamorous franchises — the Boston Celtics and Los Angeles Lakers — are in different stages of their rebuilding. According to Mike Bresnahan of the Los Angeles Times, L.A. may not be leaning toward taking D’Angelo Russell as some have posited. As for the Celtics, Marc Stein of ESPN.com has more on their intentions …

Update: 2:07 p.m. — Update on DMC trade talk

Kings All-Star center DeMarcus Cousins has been the focus of trade talks for the last few days and while the team’s front office has denied looking to deal him, chatter persists. Jason Jones of The Sacramento Bee provides insight into how owner Vivek Ranadive is taking this drama …

Update, 2:04 p.m. — Warriors try to move up

We’ve heard about the Kings, Celtics and possibly Rockets trying to move up in the Draft tonight and you can add another name to that mix: the defending-champion Golden State Warriors …

Update, 1:48 p.m. — Barnes officially a Grizzly

It’s rare that one player is a part of two different deals in one day, but Luke Ridnour is just that kind of a guy. The Memphis Grizzlies officially picked up Matt Barnes from the Hornets by sending Ridnour to Charlotte — where he was hours later sent to OKC for Thunder guard Jeremy Lamb

Update, 1:25 p.m. — Ridnour trade official

Luke Ridnour is a member of the Oklahoma City Thunder now after the trade with the Charlotte Hornets went through this afternoon. Oklahoma City receives Ridnour and a conditional 2016 second-round pick while the Hornets get Jeremy Lamb

Update, 12:57 p.m. — Celtics ready ‘Godfather’ offer to get Okafor

Jahlil Okafor is apparently someone the Celtics have a very high opinion of, if you believe the latest buzz. According to Mike Cole of NESN.com, the Celtics have a ‘Godfather’ offer ready for the 76ers if Okafor doesn’t go No. 1 or No. 2 …

Update, 12:33 p.m. — Ridnour dealt (again)

Luke Ridnour hopefully didn’t unpack his suitcase since he got traded yesterday. He’s been involved in three trades in the last 24 hours and two today alone. His latest destination is Oklahoma City, where he is being dealt for guard Jeremy Lamb and a future second-round pick, per Adrian Wojnarowski of Yahoo Sports …

Update, 12:14 p.m — One last Mock …

Our NBA Draft expert, Scott Howard-Cooper, is in New York and is ready to provide insight once the festivities get rolling. Until then, though, whet your appetite for the Draft with his Final 2015 Mock Draft …

Update, 11:53 a.m — Yes, players remember Draft-night snubs

Don’t ever believe it when a player says he doesn’t hold a grudge against a team for not drafting him. Hall of Famer Karl Malone is here to tell you otherwise …

Update, 11:50 a.m. — More trade chatter 

Sacramento and Boston continue to figure into the talks of potential Draft-night deals …

Update, 11:41 a.m. — Might Lakers upset Draft order?

Few are as well connected to what the L.A. Lakers might be thinking on Draft night than Kevin Ding of Bleacher Report. He wrote a column saying he thinks the Lakers are going to upset conventional thinking and take D’Angelo Russell No. 2 overall, and it has become a league talking point now …

Update, 11:22 a.m. — Jazz looking to trade Burke or Favors?

We had an item earlier this morning about how Utah is looking to move up in the Draft and, also, reunite with power forward Paul Millsap in free agency this summer. Here’s how it might go down, via Jody Gennesy of the Deseret News

Update, 11:15 a.m. — Celtics ready to move up

The common thinking is that Karl-Anthony Towns and Jahlil Okafor will go No. 1 and No. 2, respectively, in tonight’s Draft. If, for some reason that doesn’t happen, the Boston Celtics are said to be ready with an enticing trade, reports Brian Windhorst of ESPN.com …

Update, 10:56 a.m. — Teams wanting to move up

Four teams — the Thunder, Rockets, Celtics and perhaps Hawks — are most active right now in trying to raise their position in tonight’s Draft, per Draft Express’ Jonathan Givony

Update, 10:43 a.m. — Blazers thinking trade?

Portland has been a name on a lot of people’s lips today with the LaMarcus Aldridge chatter … is it eyeing a trade tonight that provides more big man bodies?

Update, 10:32 a.m. — Texas really wants Aldridge back

The Dallas Mavericks, San Antonio Spurs and Houston Rockets are all supposed to be in the mix to get free agent LaMarcus Aldridge. They’ll all make their best free-agent pitches to him. And, it seems, a famous Texas hamburger chain wants him, too …

Update, 10:19 a.m. — Clarifying that Lamb trade

If you were confused by how the Hornets were able to trade for Matt Barnes after he was seemingly included in the deal last night that sent the Thunder’s Jeremy Lamb to OKC, you weren’t the only one. Darnell Mayberry of The Oklahoman clarifies that Lamb is still headed to Charlotte, but for a future second-round pick …

Update, 10:06 a.m. — Draft-night trade talk & tidbits

We’re waiting to see if anyone actually swaps picks today in the Draft, and according to ESPN.com’s Chad Ford, there are a handful of squads interested in doing so …

Update, 9:50 a.m. — Ridnour, Barnes get dealt again

According to Yahoo Sports’ Adrian Wojnarowski, two players who were traded just yesterday — Memphis’ Luke Ridnour and Charlotte’s Matt Barnes — are on the move again. They’re being swapped for each other, actually …

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