- Larry Nance Jr. hilariously reacts to sugar momma offering him $3K every weekend
- Former Cavs forward desperately begs for job in the NBA: ‘I’d play for free’
- Report: Kevin Porter Jr. accused of punching a woman in the face in downtown Cleveland
- Channing Frye rips Milwaukee Bucks and Giannis Antetokounmpo after Jrue Holiday trade
- Report: Cavs playing crucial role in helping Bucks complete Jrue Holiday trade
- Report: Andre Drummond makes final decision regarding player option with Cavs
- Report: ‘90 percent’ chance Andre Drummond opts into player option with Cavs
- Scary details of Kevin Porter Jr.’s arrest reveal loaded handgun, marijuana and overturned vehicle
- Report: Cavs expected to draft Obi Toppin at No. 5 pick if Deni Avdija is ‘off the board’
- Report: Andre Drummond expected to pick up option in order to facilitate trade
Report: Cavs Have Added Monster Amount of Money to Payroll Since LeBron’s Departure
- Updated: February 9, 2019
It’s no secret that the Cleveland Cavaliers have been in a major rebuilding phase since losing LeBron James to free agency last summer. Now, according to a report from a team insider, it looks as though that process has led to a huge increase in salary obligations.
“As the Cavs have one of the worst records in the NBA as they sort through the rubble of LeBron’s departure,” wrote The Plain Dealer’s Terry Pluto, “they ADDED $34.4 million to the payroll, according to an NBA source.”
Before that information leads anyone to worry, the payroll additions have actually led to a lot of future players that could help an organization in reset mode. Through taking on veteran contracts that other teams didn’t want on their books, the team has secured eight draft picks through 2023.
That haul of picks includes Houston’s first-rounder in 2019, which came along with Brandon Knight’s hefty contract in this month’s deal. This means that the Cavs will have a second pick to go along with their lottery choice in this summer’s NBA draft. There are also six second-round picks from 2020-23.
The payroll books might look fatter than expected right now, but it’s all part of the plan for the Cavaliers’ front office.