Skip to content

Report: Cavaliers will offer Kyrie Irving max contract extension

Jun 9, 2014, 10:55 AM EDT

Cleveland Cavaliers v Phoenix Suns Getty Images

Will the Cavaliers give Kyrie Irving a max contract extension this summer?

One report says they might not.

I actually think that might be a wise move.

Nothing against Irving, who’s one of the NBA’s top young players. Teams just probably shouldn’t extend players coming off their rookie-scale deals to max contracts, period.

Mostly, it’s about getting more information. If Irving gets hurt again next year – he’s missed 15, 23 and 11 games in his three seasons – or stagnates, his value could plummet.

If he improves, the Cavaliers can offer the exact same contract next offseason as they could in the form of an extension this offseason. Why commit to the highest-possible salary sooner than you have to? At worst, you’re just going to give him the highest-possible salary next offseason, when Irving would become a restricted free agent and Cleveland could match any offers.

The Cavaliers would have no risk of losing him before 2016, and for him to leave that quickly would require him taking a one-year contract. If a five-year max contract is on the table, would Irving really turn that down to accept a one-year deal?

And if Irving accepts a five-year contract as a free agent in 2015 rather than a five-year extension in 2014, he wouldn’t count as a designated player. So if Joel Embiid or Andrew Wiggins or Jabari Parker – the Cavaliers’ top options with the No. 1 pick – is the rare player who’s worth extending to a max deal prior to his rookie contract ending, Cleveland could still do it.

Undoubtedly, there are benefits to give Irving a max extension. It keeps him happy – which could also serve as a negative if it makes him feel too entitled, but is probably a positive – and secures his standing on the team. John Wall became a much better team leader because of his max extension.

I just don’t think the benefits outweigh the cost – especially for a player with Irving’s injury history. The worst realistic-case scenario is him taking a four-year deal with a player option in 2015, and then you have three years to get him to come around and believe in the team (or trade him).

Anyway, the conventional choice is to give a max contract extension to anyone who would deserve a max contract after his third season – and Irving definitely qualifies on that front. So, though the Cavaliers should consider not offering Irving a max extension, that would be bucking precedent. Based on how every other team has handled this situation, Irving deserves a max extension.

And one report says he’ll get one.

Terry Pluto of The Plain Dealer:

Reports about the Cavs even considering backing away from a maximum contract are simply wrong.

My sources tell me that the Cavs have had no doubts about offering Irving the 5-year deal, and will do so. Once July 1 arrives — the first date that an extension can be offered — the Cavs will set up a meeting with Irving. They will present their All-Star guard with a contract extension, a 5-year deal in the $90 million range (or whatever is the maximum number).

The term “max contract” has become a misnomer. Often, it’s doesn’t describe the absolute largest contract a player could sign.

A team signing a player to the highest possible salary over fewer years than the most allowed? “Max.”

A team signing a player to the top starting salary but less than the highest-possible raises? “Max.”

A team re-signing a player to the biggest contract another team could offer, but less than the re-signing team could offer? “Max.”

There are many other examples. Simply, you can’t read a report about a player’s max contract contract and have a full understanding of the picture without more context.

Using a crude estimate of the salary cap in 2015-16,* when Irving’s contract extension would begin, his absolute maximum salary for a five-year extension would be $109,106,328. He’d get that if he’s voted a starter in the 2015 All-Star Game – that vote should be fun! – or wins MVP next season.

Otherwise, his full max would be $90,921,940.

*$67,721,000 – which is based on the cap rising the same amount its projected to rise this year.

That’s why I’m not totally sold on Pluto’s report. It’s quite possible something got lost in translation between his source, him and readers.

Even if the Cavaliers are willing to give Irving a five-year extension, they might not want to give him the full amount he could earn if he meets the Derrick Rose rule criteria (for him, being elected an All-Star starter or winning MVP next year).

That $90.9 million figure is based on 25 percent of the salary cap. The $109.1 million is based on 30 percent of the salary cap.

The extension would be signed with a clause indicating he’d exceed 25 percent only if he qualified under the Rose rule. But if he qualifies, he doesn’t have to get the full 30 percent. He and the Cavaliers could negotiate any amount between 25 and 30 percent. The Pacers did that with Paul George, who got just 27 percent but a player option on the final year of his deal.

So, maybe the Cavaliers would offer Irving 25 percent ($90.9 million) and no escalator if he becomes Rose rule eligible. Or maybe they’ll offer less than the full 30 percent if he qualifies ($109.1 million).

Are those max contract? In the truest sense of the word, no. But they’d get described as max contracts.

Which is why I’m still in the dark about exactly what the Cavaliers are willing to offer Irving this summer.

Latest Posts
  1. Amar’e Stoudemire on retiring: “There’s a lot of high-level basketball left in me”

    Mar 27, 2015, 1:08 AM EDT

    Orlando Magic v Dallas Mavericks Getty Images

    Stoudemire can give a team 15 minutes a night off the bench of quality play.

  2. NBA admits incorrect no-call by referees on final play of Lakers’ overtime win over Timberwolves

    Mar 26, 2015, 11:00 PM EDT

    Los Angeles Lakers v Minnesota Timberwolves Los Angeles Lakers v Minnesota Timberwolves

    A day later the league says Andrew Wiggins was fouled, but the officials let it go at the time.

  3. Clippers holding off on re-signing Nate Robinson after second 10-day contract expires

    Mar 26, 2015, 10:00 PM EDT

    Charlotte Hornets v Los Angeles Clippers Charlotte Hornets v Los Angeles Clippers

    Clippers would need to ink Robinson for the rest of the season, but are waiting to see how quickly he can return after a recent knee injury.

  4. Wizards coach Randy Wittman: ‘I don’t give a crap what Marreese Speights thinks’

    Mar 26, 2015, 9:00 PM EDT

    Randy Wittman AP

    Speights said the Warriors knew the Wizards would quit after Golden State beat them recently, and Washington’s coach responds.

  5. Nets say Thaddeus Young has a left knee strain, out Friday vs. Cavaliers

    Mar 26, 2015, 8:00 PM EDT

    Milwaukee Bucks v Brooklyn Nets Getty Images

    Brooklyn is a half-game out of the eighth and final playoff spot in the East.

  6. Timofey Mozgov’s local commercial is an absolute gem (video)

    Mar 26, 2015, 2:30 PM EDT

    Indiana Pacers v Cleveland Cavaliers Indiana Pacers v Cleveland Cavaliers

    Timofey Mozgov in a backward jersey? Timofey Mozgov in a backward jersey

  7. Tim Duncan bet on basketball, according to his girlfriend

    Mar 26, 2015, 11:02 AM EDT

    Tim Duncan, Mitch McGary AP

    Spurs big man apparently earned $100 by making 3-pointer against Thunder

  8. Pelicans-Rockets nearly had a very screwed-up ending (video)

    Mar 26, 2015, 10:25 AM EDT

    Anthony Davis, Alexis Ajinca, James Harden Anthony Davis, Alexis Ajinca, James Harden

    Referees miss blatant out of bounds call, clock momentarily stops before restarting

  9. NBA Draft prospect matchups to watch in NCAA Tourament this weekend

    Mar 26, 2015, 9:47 AM EDT

    Northeastern v Notre Dame Getty Images

    The best matchup of the weekend may be Jakob Poeltl vs. Jahlil Okafor.

Featured video

Where does Steve Nash rank all-time?
Top 10 NBA Player Searches
  1. K. Durant (5970)
  2. K. Lowry (5548)
  3. R. Rubio (5543)
  4. L. Aldridge (5494)
  5. P. George (5201)
  1. G. Monroe (5120)
  2. B. Knight (4980)
  3. D. Howard (4979)
  4. D. Rose (4963)
  5. N. Batum (4798)