HoopsHype Kyrie Irving rumors

July 1, 2014 Updates

Blatt and Lue "were incredibly impressive," Irving's agent, Jeff Wechsler told Yahoo Sports. "That's what helped sell Kyrie on taking this deal." Irving has one year remaining on his current contract. He can't sign the extension, which will take him through the 2019-20 season, until July 10 when the league's free-agent moratorium ends. "Kyrie is looking forward to growing with the organization and city of Cleveland over the next six years," Wechsler told Yahoo Sports. Yahoo! Sports

Adrian Wojnarowski: Kyrie Irving intends to sign 5-year, $90 million extension with the Cavaliers, league source tells Yahoo Sports. Commitment came in meeting. Twitter @WojYahooNBA

June 30, 2014 Updates
June 27, 2014 Updates
June 25, 2014 Updates
June 24, 2014 Updates

The Cavs, meanwhile, have numerous nonguaranteed contracts on their books and extra draft picks they could attach to other players in trades to free up money. There are scenarios where the team believes it could clear in excess of $30 million in cap space without having to trade young star Kyrie Irving or the No. 1 overall pick in Thursday's draft, sources said this week. ESPN.com

June 23, 2014 Updates
June 10, 2014 Updates

Currently on tour for Nike Basketball in Hong Kong, All-Star point guard Kyrie Irving broke out an all-new Player Exclusive while conducting a skills session earlier today. While breaking down hoops for the locals, Kyrie was laced up in the upcoming Nike Hyperdunk 2014. His PE colorway is decked out in bright crimson with black accents and volt color pops. No word yet on a possible release. Sole Collector

June 7, 2014 Updates

The Cavs will offer Irving the full 5-year maximum contract. There have been reports that they were having second thoughts -- that's simply not true. 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). Cleveland Plain Dealer

The hope is that he will sign the five-year deal, much like John Wall did with Washington before the 2013-14 season. That was a signal to Washington's players and fans that he was committed to the team. And yes, Wall's commitment did help the Wizards come together as a team and make the playoffs, upsetting Chicago in the first round. The Cavs want to know if Irving will do the same as Wall did for the Wizards. He can't become a restricted free agent until the summer of 2015. And he won't be unrestricted until 2016. Cleveland Plain Dealer

June 1, 2014 Updates

However, talk around the league is the Cavaliers might not offer two-time All-Star guard Kyrie Irving a maximum contract extension on July 1. That would be a bit shocking after all we’ve heard up until this point. Many are worried Irving will bolt the first chance he gets. This would have been a vehicle to lock him up for possibly an additional five years. Scuttlebutt around the league about the reason they wouldn’t make the offer is two-fold. First, the Cavs are not convinced he’s truly a max player. Morning Journal

Sam Amico: #Cavs have fielded a couple calls about Kyrie Irving, league sources say. Given talk of max extensions, not surprising teams willing to ask. Twitter @SamAmicoFSO

May 27, 2014 Updates

Sources close to the process say it is more likely than not that a deal gets reached, but there will be conversations and a process that plays out which would need to involve Irving being all-in for the Cavs game plan. If he is not, then playing out the season and seeing where things land could very well be outcome. If the talks go badly, being traded could be one of those outcomes too. The Cavaliers are in the driver’s seat here. They do not have to do anything this year unless it makes sense for them in the long-run, and given how the team itself has underperformed, taking their time on who stays long-term might not be a bad idea, even if the final answer is a long-term deal for Irving. Basketball Insiders

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