The Cleveland Cavaliers have signed guard Kevin Pangos, Cavaliers General Manager Koby Altman announced today.
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Chris Fedor: Kevin Pangos will get a two-year deal for the veteran minimum from #Cavs to be the third point guard they were looking for this offseason. The first year is fully guaranteed. High basketball IQ. Can play the 1 or 2. Great shooter. Winner. Lots of experience.
Chris Fedor: #Cavs have signed point guard Kevin Pangos to a two-year deal, a source tells @clevelanddotcom
Keith Smith: Looks like the Cavs dipped into their MLE to give Kevin Pangos a first-year salary that’s the equivalent to a two-year NBA veteran minimum deal. I like it for the Cavs. Good, low-cost, no-risk move. At worst, he’s a good third PG to have around. But could end up a lot better.
One of the best point guards of the EuroLeague, Kevin Pangos, has another potential destination in the NBA. Per BasketNews sources, the Cleveland Cavaliers are interested in adding a member of the All-EuroLeague team. According to sources, the Memphis Grizzlies was the most likely destination for Pangos at the start of the NBA free agency. But Memphis made few trades recently, and they’re currently loaded with point guards. The Grizzlies have Ja Morant, Tyus Jones, and Rajon Rondo on their backcourt.
Although Drew Hill of the Daily Memphian reports that Rondo is not expected to be with Memphis at the start of the season, BasketNews sources say that Grizzlies could offer Pangos an exhibit 10 contract only. That means Pangos contract wouldn’t be guaranteed, and the team could waive him before the regular season or flip it into a two-way deal. Per BasketNews sources, a guaranteed contract was always a priority for Pangos.
Kevin Pangos established himself once more as one of the top EuroLeague point guards, but he may also be one more export from the old continent to the NBA. While the player has an offer from Zenit St. Petersburg, he is also on the wish list of Barcelona, and clubs like CSKA Moscow and Anadolu Efes that may soon be on the market for a floor general also have him on their radar.
However, with point guards becoming a commodity on both sides of the Atlantic, Pangos is not going to rush any decision. On the contrary, according to Eurohoops sources, his side is going to wait until the start of the NBA free agency in August before making any decision.
Orazio Cauchi: Adding up to reports from @Urbodo : apart from NBA interest, Kevin Pangos is in the radar of Barcelona, according to a source. The Spanish team is planning to offer him a rich three-year deal, according to a source.
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October 19, 2021 | 6:33 pm EDT Update
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