Adrian Wojnarowski: Cleveland Cavaliers coach Ty Lue has agreed to a five-year, $35M extension, league sources tell @The Vertical.
Head coach Tyronn Lue and the Cleveland Cavaliers have begun conversations on negotiating a contract extension, league sources informed cleveland.com. Both sides are confident that a pact can be reached relatively soon.
Lue, 39, never signed a new deal when he took over for the fired David Blatt in January, He was working under a four-year, $6.5 million deal as Blatt's top assistant, and essentially bet on himself by not signing the three year, $9.5 million deal etched out for him to be the head coach by the team and his representatives.
As the Cavaliers prepare to face the Atlanta Hawks in the second round of the playoffs, head coach Tyronn Lue continues to guide the team without having signed a new contract since taking over for David Blatt, multiple sources said this week.
Lue, 38, was promoted from associate head coach to Blatt's successor on Jan. 22, with Cleveland general manager David Griffin parting ways with Blatt despite the team's conference-best 30-11 record at the time. Even without a new contract being signed, Lue never had an interim title attached to his position, however.
According to a source close to Lue, he fully expects to be the head coach of the Cavs next season and beyond, no matter what happens with his team the remainder of the postseason.
The source also said Lue currently has no interest in any of the current head-coaching vacancies around the league in Houston, New York, Sacramento or the Los Angeles Lakers, the franchise he started his career with as a rookie point guard in 1998-99.
The Cavs are on the same page, a separate source told ESPN.com, fully intending to honor their verbal agreement by finalizing a contract for Lue this summer that will keep him as Cleveland's coach.
Lue's reasoning for delaying an official agreement was out of respect and deference to Blatt, according to multiple sources. Lue felt indebted to Blatt for the opportunity to be his defensive coordinator and did not want the perception to exist that he was benefiting with a multimillion dollar raise at Blatt's expense.
Sirius XM NBA: Shawn Marion says his role with the Cavs was "challenging" & it was "hard" for David Blatt to adjust to the NBA bit.ly/1nqReLd
August 1, 2021 | 7:33 am EDT Update
Ben Golliver: 2020 Tokyo Olympics men’s basketball bracket is set. USA will face Spain, the reigning FIBA World Cup champions, in quarterfinals. If USA wins, would face Australia or Argentina in semis. – France vs. Italy – Slovenia vs. Germany — – USA vs. Spain – Australia vs. Argentina
The Chicago Bulls and forward Lauri Markkanen are open to a sign-and-trade deal, league sources told HoopsHype. One team to keep an eye on in the sign-and-trade market for Markkanen is the Minnesota Timberwolves, who’ve been searching for an upgrade at the power forward position.