Moving on from Love isn’t easy. His trade value has cratered, currently seen leaguewide as a negative asset because of his age, injury history, massive contract (owed $60 million over next two years) and public outbursts. Opposing teams want the Cavs to give up at least a draft pick or a young player in a Love swap. The Cavs aren’t in position to do that.
For some in the front office, the idea of a waive-and-stretch [with Kevin Love] is a non-starter. In this scenario, Love would be gone while still counting against the salary cap at $12 million per season for five years. That’s a burdensome financial hit that would impact team building and salary flexibility moving forward;
Sources say there have been no conversations with Love about a buyout either. The sense I get: Love would have to initiate those talks while also giving up some salary to make it worth it. Another factor that looms: Love’s contract will be expiring following this season, giving him more trade value.
A buyout would require Kevin Love to give money back. But sources tell cleveland.com that topic hasn’t been discussed. Maybe that changes this offseason. Love’s number being so high is a hurdle, of course.
Ultimately, both sides might agree to a buyout. Love has about $60 million remaining on his contract over the next two years. Blake Griffin, another Jeff Schwartz client, gave back $13 million of the $75 million owed to him to get out of Detroit. If Love wants to give back $10 million or $15 million, the Cavs might accommodate him and send him on his way. They can stretch the money owed to him, and it certainly wouldn’t be the first time Dan Gilbert has paid people not to work for him.
May 21, 2022 | 12:31 pm EDT Update
The Sixers could look to get off Matisse Thybulle’s contract to create some wiggle room under the luxury tax, which looms large over the team’s offseason, and one team with known interest, according to league sources, is Chicago. Bulls GM Marc Eversley has had a fondness for Thybulle going back to early in his collegiate career at Washington, and was instrumental in pushing the Sixers to acquire him in the 2019 draft.
The Magic landed the No. 1 pick in this year’s draft thanks to Tuesday’s lottery, and NBA sources say there is virtually no chance they’ll trade off the pick unless it is a package that includes one of the other top-3 picks, as the Celtics did in 2017, trading to No. 3 to take Jason Tatum. That option might be available for the Magic, even if they are unlikely to accept it. “Other than No. 1, I think just about every team is going to be willing to talk about their picks in this draft,” one executive told Heavy. That starts with No. 2 Oklahoma City and No. 3 Houston.
Nuggets president Tim Connelly is heading to Minnesota this weekend as the next step in the Timberwolves’ recruitment of him, a league source confirmed to The Denver Post. Connelly, who’s overseen the Nuggets since 2013, is planning to meet with Wolves owner Glen Taylor. ESPN first reported the development. With a stable organization, a reigning two-time MVP and a place where his family is comfortable, Connelly has no reason to leave the Nuggets. The only X-factor? Compensation. It’s believed the Timberwolves’ offer is more than double his current salary. Minnesota’s interest didn’t come out of nowhere. In fact, it was discussed when Connelly, team governor Josh Kroenke and coach Michael Malone all went to Serbia to surprise Nikola Jokic with his MVP trophy. News of Minnesota’s interest in poaching Connelly from Denver got out on Wednesday. Publicly, it’s been more than 48 hours since Denver’s ownership has had a chance to counter or ensure Connelly doesn’t even listen to Minnesota’s proposal. Privately, they’ve had far longer than that.
Denver Nuggets president of basketball operations Tim Connelly is traveling to meet with Minnesota Timberwolves owner Glen Taylor this weekend in the next step in the team’s pursuit to hire Connelly and make him one of the NBA’s highest-compensated executives, sources told ESPN. Connelly has discussed the job extensively with Timberwolves minority owners Marc Lore and Alex Rodriguez in the past week, and meeting with Taylor is next in the process, sources said.
Chris Hine: Connelly and Timberwolves inching closer to a deal. Marc Lore and Alex Rodriguez have had significant influence over the process, but Glen Taylor as current controlling owner still has the final sign off on any deal.
Mike Singer: News came out Wednesday night tying Tim to Minnesota. It didn’t come out of nowhere. There’d been interest for a while, & it was discussed while group was in Serbia. The #Nuggets & the Kroenkes have had ample time to address and/or counter. It doesn’t look like they’re going to.