Rich Paul Rumors
It’s the two-week mark of the Tristan Thompson holdout, which means it’s time to give an update on the proceedings. There’s no communication ongoing between the Cleveland Cavaliers and Thompson’s agents, Rich Paul and Mark Termini, Northeast Ohio Media Group has learned.
I hear the Cavs have offered Tristan Thompson a five-year deal in the $75-80 million range. If he signs, the Cavs will have the 6-foot-10 rebounder and defender in place. But Thompson’s agent, Rich Paul, has indicated his client may sign a one-year qualifying offer. He then becomes an unrestricted free agent in the summer of 2016 when the salary cap will increase by at least 30 percent.
There are rumblings that agent Rich Paul could deliver another client to his hometown team in the near future. Several league executives believe Canadian Tristan Thompson may head north to Toronto in the summer of 2016 if he signs his one-year, $6.8 million qualifying offer with the Cleveland Cavaliers. “I always thought he was going to end up (in Toronto) this year,” one Eastern Conference general manager told SheridanHoops. “There’s going to be so much money next year so I think he will get it.”
It’s also worth noting that Cory Joseph and Thompson are friends who have played together during their AAU, high school and college days. The rumblings I’ve detected are caused in part by the fact that both players are represented by Paul. With that in mind, there is the possibility that Thompson could reunite with Joseph in Toronto next summer as the next homecoming story under Paul’s watch.