Jul 12, 2014, 4:30 PM EDT
We don’t yet know what type of contract LeBron James will sign with the Cavaliers.
Will it be a two-year deal with a player option, a three-year deal with a player option or a four-year deal with a player option?
Those are the possibilities. Barring an unlikely extension, LeBron will hit free agency again by 2018.
Kyrie Irving can follow not long after – and a year earlier than expected.
Before LeBron announced his plan to sign in Cleveland, Irving agreed to a five-year contract extension with the Cavaliers that begins after the upcoming season. However, Irving could terminate that contract after just four years of the extension.
The terms of Cleveland star point guard Kyrie Irving’s five-year, $90 million contract will include an early termination option for the 2019-20 season and a 15 percent trade kicker, league sources told Yahoo Sports.
Irving’s deal includes the “Derrick Rose” provision, which allows Irving to gather 30 percent of the Cavaliers’ salary-cap space instead of 25 percent
Jeffrey Wechsler, Irving’s agent, really took the Cavaliers to the cleaners.
The designated-player and Derrick Rose rules allow teams to offer a longer and larger rookie-contract extension. By design, those mechanisms are in place so a team rewards a player it wants to keep for five years rather than the standard four. That way, both the team (a young star under it’s control for longer) and player (more money) get something out of the arrangement.
Irving took his bounty and left the Cavaliers none of their extra security.
Essentially, Irving could escape Cleveland after four years of the extension, which starts in 2015-16. Thankfully for the Cavs, they signed LeBron, surely diminishing Irving’s desire to leave.
Blake Griffin and Paul George are the only other designated player to receive the ability to opt out after their fourth season of the extension. To get his player option, George had to drop his Rose-rule-raised salary from 30 percent to 27 percent. Griffin, though, got his full 30 percent along with an early termination option.
As can Irving.
We won’t know the value of Irving’s extension until the 2015-16 salary cap is set next July, but if the cap rises by the same amount it did this year, the baseline would be $90,686,380.
Irving would trigger the Derrick Rose rule – raising his contract to$108,823,656 based on the the same projected cap – only by winning MVP or being voted an All-Star starter this season. Considering he was already voted a starter last year and now the NBA’s most popular player is bringing more attention to his team, Irving should have no problem getting voted a starter again. Plus, I bet plenty of Heat fans wouldn’t mind voting for Irving if it makes Dan Gilbert write a larger paycheck.
Of course, 2020, when Irving can become a free agent, is a long way off. So much can change between now and then.
But that’s when Irving will get his first chance at the unrestricted ability to change NBA teams.
Luckily for the Cavaliers, they’ll have LeBron to coax Irving back to Cleveland. Probably.
Apr 1, 2015, 11:20 PM EDT
Harden leads Rockets over Kings
Apr 1, 2015, 10:42 PM EDT
Did Lopez travel?
Apr 1, 2015, 10:11 PM EDT
Cavaliers don’t see big deal in report
Apr 1, 2015, 9:15 PM EDT
And he’s playing through it!
Apr 1, 2015, 8:20 PM EDT
Texas reportedly focused on Shaka Smart
Apr 1, 2015, 7:29 PM EDT
Jordan Brand keeps with the Space Jam theme in advance of this weekend’s retro releases.
Apr 1, 2015, 7:04 PM EDT
Oubre a potential lottery pick
Apr 1, 2015, 6:15 PM EDT
He’s a bubble first round pick.
Apr 1, 2015, 5:33 PM EDT
He had only played in one of the last dozen Heat games.
Apr 1, 2015, 4:51 PM EDT
Seen at Summer League he was project, we’ll see how far along he has come.
Apr 1, 2015, 4:21 PM EDT
Curry is going to win this award. More than that, he’s earned it.
Apr 1, 2015, 3:15 PM EDT
Anderson has missed the last 18 games due to injury, and New Orleans is trying to catch OKC for the final playoff spot in the West.
Apr 1, 2015, 2:30 PM EDT
A 16th during the regular season would mean a one-game suspension.
Apr 1, 2015, 1:50 PM EDT
Stephenson didn’t play in his team’s last game as a result of the coach’s decision.
Apr 1, 2015, 1:10 PM EDT
Not as devastating as the one that’s made the rounds, but deadly nonetheless.
Apr 1, 2015, 12:30 PM EDT
We know it’s LeBron’s world in Cleveland, but this makes Blatt look a bit silly.
Apr 1, 2015, 11:50 AM EDT
This isn’t the first time one of the Clippers has publicly pointed out the obvious.
Apr 1, 2015, 11:10 AM EDT
The rivalry continues.
Kevin Durant says he’d ‘love to’ stay with Thunder his entire career, wants his jersey retired in OKC
Apr 1, 2015, 10:30 AM EDT
Durant will be an unrestricted free agent after next season.
Apr 1, 2015, 9:50 AM EDT
The Internet went nuts with memes of Paul falling down, and he got in on the fun himself.
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- Report: LeBron James calls the plays, Cavaliers coach David Blatt repeats them to team 50
- Kevin Durant says he’d ‘love to’ stay with Thunder his entire career, wants his jersey retired in OKC 14
- Anthony Davis says James Harden should be MVP 20
- Stop judging J.J. Redick by his Duke days if you haven’t already 7
- Thunder say Kevin Durant underwent successful bone graft surgery, will return in 4-6 months 4
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- Derrick Rose returns to full-contact practice, Bulls return date still unknown 13