Cavs Offer Guard Kyle Korver New Contract

Kevin Love has little value to teams despite having his best season in a Cleveland Cavaliers uniform
Kevin Love number 0 of the Cleveland Cavaliers reacts after their loss to the Golden State Warriors
Author

02 July, 2017

Shumpert has two years and $21.3 million left on his contract.

Information from ESPN's Bobby Marks was used in this report. There are still rumors that LeBron might leave the Cavs after next season - especially if they can't beat the Warriors - or whoever makes it to the NBA Finals next year from the West.

Brian Windhorst of ESPN.com added that it's Cleveland's hope to get a draft pick and a trade exemption, which would allow it to re-sign Kyle Korver and make future deals. But George will be a free agent next season, and Bledsoe, while cheap, has struggled with knee injuries, making it impossible to know how effective he'll be next year.

The Cavs' payroll for next season is already about $128 million for 10 players, excluding Korver.

Cleveland can pay Korver whatever it wishes, but the more it spends over the tax threshold, the more it will cost the franchise in tax penalties.

Shumpert, 27, joined the Cavs midway through the 2014-15 season in a three-team trade with Oklahoma City and NY. He averaged 7.5 points and 2.9 rebounds last season and shot a career-best.411 from the field. Over 54 games and his first full campaign with Cleveland, Shumpert averaged 5.8 points and 3.8 rebounds per game as part of the team that overcame a 3-1 deficit to the Golden State Warriors en route to an National Basketball Association title.


More news


  • Giran orden de captura contra César Duarte

    Giran orden de captura contra César Duarte

    La ficha detalla que es un hombre de 53 años, que nació el 14 de abril de 1963 en Hidalgo del Parral, Chihuahua . La retención salarial fue una práctica durante toda la administración.

    Crown Holdings, Inc. (CCK) Receives $61.57 Consensus PT from Analysts

    Crown Holdings's revenue for the quarter was up.4% on a year-over-year basis. 38 funds opened positions while 108 raised stakes. Crown Holdings, Inc. (NYSE: CCK ) has risen 7.50% since June 27, 2016 and is uptrending. (NYSE:CCK) opened at 59.02 on Friday.
    Byculla jail inmate death: One arrested, five detained by Mumbai Crime Branch

    Byculla jail inmate death: One arrested, five detained by Mumbai Crime Branch

    Sawant and Sadhana Jadhav was hearing a petition filed by Shivaji Tukaram Choudhary lodged at the Yerawada Central Jail in Pune. She was then made a jail warden for her good conduct and made in-charge of one of the barracks in Byculla jail.
  • Toned down travel ban rolls out calmly in US

    Toned down travel ban rolls out calmly in US

    Eastern Daylight Time on Thursday (0000GMT on Friday), according to the cable, which was obtained by The Associated Press. After a federal judge struck down the bans, Trump signed a revised order meant to overcome legal hurdles.
    Tony Snell to re-sign with Bucks for 4-years, $46 million

    Tony Snell to re-sign with Bucks for 4-years, $46 million

    Snell started 80 games for the Bucks last season, averaging 8.5 points and shooting 45 percent from the field - both career bests. The Milwaukee Bucks and Tony Snell have agreed to a four-year deal worth $46 million, according to Adrian Wojnarowski of ESPN .
    British princes William and Harry re-dedicate grave of mother Princess Diana

    British princes William and Harry re-dedicate grave of mother Princess Diana

    The service comes several weeks before the 20th anniversary of her in August 1997 death in a Paris auto crash. She was buried on a leafy oval island in the grounds of Althorp amid an outpouring of grief across the world.
  • 19-year-old William Byron wins Xfinity Series race at Daytona

    19-year-old William Byron wins Xfinity Series race at Daytona

    He used a push from teammate Elliott Sadler to clear the traffic on the restart. "This is so cool to win at Daytona", Byron said. Blake Koch will be the leader when the 250-race resumes, followed by Ben Kennedy . "We've had a great last three weeks".
    Easter downs Shafikov to defend lightweight crown

    Easter downs Shafikov to defend lightweight crown

    When the fight resumed, Williams turned it up with a hard flurry of punches, and Conley's corner threw in the towel at 58 seconds. Easter's accuracy was often was able to snap Shakikov's head back with his arsenal of jabs, right hands and upper cuts.
    LeBron: 'Steph Should Be Getting $400M This Summer'

    LeBron: 'Steph Should Be Getting $400M This Summer'

    James tweeted, "So tell me again why there's a cap on how much a player should get??" Don't answer that. Reports suggest that Curry has received a jaw-dropping five-year contract offer worth $201million.
  • Injuries that have hampered world number one Andy Murray in 2017

    Injuries that have hampered world number one Andy Murray in 2017

    Murray's coach Ivan Lendl confirmed his charge was ready for his Wimbledon defence. It's motivating as it means I have to keep improving all the time".

    Turquoise Hill Resources (NYSE:TRQ) Receives Media Impact Rating of 0.19

    In the trailing twelve months, gross profit margin was 92.70% and net profit margin of the company was 19.60%. The firm has a 50 day moving average price of $3.55 and a 200 day moving average price of $4.14.
    Fiat Chrysler Automobiles NV (FCAU) Given Coverage Optimism Rating of 0.29

    Fiat Chrysler Automobiles NV (FCAU) Given Coverage Optimism Rating of 0.29

    ILLEGAL ACTIVITY NOTICE: This article was first reported by Stock Observer and is the sole property of of Stock Observer. Over the past 50 days, Fiat Chrysler Automobiles N.V. stock's -8.76% off of the high and 6.19% removed from the low.