Storyline: Rodney Hood Free Agency

37 rumors in this storyline

The Cavs carved out a place in their imaginary budget with what they believed to be a reasonable offer. They were willing to go three years at a little more than $7 million annually — a deal close to what Lou Williams received with the Clippers in a February extension. Hood either wanted a shorter deal to get back into free agency quickly or a longer contract that carried a eight-figure salary per year — closer to the Smart contract.

More Rumors in this Storyline

The Cleveland Cavaliers have re-signed guard Rodney Hood, Cavaliers General Manager Koby Altman announced today, September 10 from Cleveland Clinic Courts. The Cavaliers extended a qualifying offer to Hood on June 29, 2018. In 21 games (11 starts) with Cleveland last season, Hood averaged 10.8 points and 2.6 rebounds in 25.3 minutes per game. He was acquired by the Cavaliers from the Utah Jazz as part of a three-team trade on Feb. 8, 2018. On the season in 2017-18, Hood averaged 14.7 points and 2.8 rebounds in 26.9 minutes per game over 60 contests (23 starts) with Utah and Cleveland.

Cavs former general manager David Griffin told cleveland.com’s Wine and Gold podcast that he thought Hood would be the team’s primary scorer late in games — a sign of how valuable a player he could be this season. … The roster now stands at 14 players heading into training camp, which is likely where it will stay. The Cavs’ payroll for this season is now in the $115 million range — which is above the league’s $101 million salary cap but under the $123 million luxury-tax line.

Scout’s Take [on Rodney Hood’s free agency]: “Cleveland can get him for a song and dance at this point. I don’t think anyone else wants him, which is surprising because I really liked him in Utah. Utah just let him fly. I was impressed with how he came back in the Finals as an ‘I’ll show you’ game. I always liked him. He’ll be good in Cleveland because Cleveland’s going to be bad, and they’ll need his scoring. Who else are they going to go to? He’ll get quality minutes on that roster. How could he not? I’m not sure how tough he is, though. He can put up big scoring numbers on a bad team.”

But a source told Sporting News that the Cavs still intend to keep Hood, who is said to be a fallback option for the Bulls should their negotiations with shooting guard Zach LaVine fall apart. If Hood, who is only 25 and was averaging 16.8 points before the trade to Cleveland, gets an offer from Chicago or anyone, the Cavaliers will match. Both the Cavaliers and Hood, the source said, are braced for the possibility that Hood will sign the one-year qualifying offer, which allows him to become an unrestricted free agent next summer, with the hope of rebuilding his value this season.

Most NBA insiders say Hood cost himself lots of money with his postseason struggles, limiting the contract offers he might get this summer (he averaged 5.4 points, shot .167 from 3, and his plus-minus of minus-93 was the worst of the NBA playoffs). The Cavs could still sign him to a long-term contract in July without first making a qualifying offer to him. Team sources say they like Hood and his future on the team, but no one’s tipped a hand as to what’s next for him.
5 months ago via VICE

Rodney Hood: You don’t be a free agent every single year. It only comes around two or three times, luckily, in your career. Whatever happens, whether I’m here or whether I’m somewhere else, I want to be able to say I won a championship and say I played in the Finals and played well in the Finals, and I can be able to take this experience with me somewhere else or if I stay here in Cleveland I’ll be able to take this and really propel my career to something bigger and better.
5 months ago via VICE

Rodney Hood: Obviously their number one priority is LeBron and seeing what he’s gonna do. I think they do want me in their future. They’ve told me that. But obviously the money has to be worked out and so I really don’t know exactly what has to happen. But for me it’s just about doing what’s best for me and my family. I think Cleveland is going to do what’s best for that organization, and LeBron is going to do what’s best for him, and everybody can respect that.

Hood acknowledged it has been hard to adapt to the worldwide spotlight that comes with playing with James and the four-time reigning Eastern Conference champions. Hood also could have added stress from being a restricted free agent this offseason. “This is something different. It has been tough,” Hood said. “The basketball stuff has been the easiest part. The stuff that comes out of it, you lose a game and everyone talks about it on TV the next day. They may say some things that you may not agree with. If you win a game, you’re supposed to. Those kind of things are something I kind of got on a much smaller scale and dealt with at Duke.

The Utah Jazz and starting shooting guard Rodney Hood have opened contract extension negotiations, the Salt Lake Tribune has learned. The two sides have had preliminary conversations as the Jazz hope Hood can become their primary perimeter scorer this season after Gordon Hayward left for the Boston Celtics. Another meeting is expected to occur in the next few weeks, according to league sources. Hood, who will enter his fourth season in the league, is eligible for a rookie scale contract extension, with Oct. 16 the deadline to reach an agreement.

Once it became apparent that Rudy Gobert was indispensable, the Jazz re-signed the big man to a $102 million deal in 2016. And, according to previous reports, the Jazz were willing to pay Gordon Hayward up to $177 million if he chose to stay in Salt Lake City, which could in turn increase Hood’s chances of becoming the next player in Utah to get a substantial raise. The loss of Hayward creates room for Hood to prove himself to Utah’s brass, further cementing himself as one of the team’s core pieces. Hayward led the team in shots per game with 15.8 and George Hill was second at 12.4. Someone has to fill the scoring void, and it likely won’t be any of the players the Jazz signed this offseason.
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October 23, 2018 | 10:09 pm EDT Update
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