- Cavs insider says team will have ‘decent’ amount of nationally televised games this season
- Report: Cavs to begin regular season vs. Raptors, host Lakers in December
- Brandon Jennings validates Darius Garland’s offseason work with 7-word declaration
- Darius Garland releases awesome behind-the-scenes footage of his exciting offseason
- Video: Darius Garland shows off ridiculous set of enhanced moves
- Richard Jefferson responds after Brandon Jennings rips state of NBA and LeBron James’ role in it
- Channing Frye on LeBron James: ‘If it’s his last year, I think he takes less money to go back to Cleveland’
- Report: Isaac Okoro has been ‘working his a-s off’ this summer and showing ‘great’ signs of development
- WWE star makes desperate plea to LeBron to return to Cavs: ‘Let’s bring Bronny a championship in Cleveland’
- Report: Darius Garland and Evan Mobley organizing voluntary workouts for Cavs in Los Angeles
Report: Kevin Porter Jr. to Give Cavs ‘Rare’ Discount on Rookie Contract
- Updated: July 9, 2019
The last of the Cleveland Cavaliers’ three first-round picks in last month’s NBA draft was University of Southern California guard Kevin Porter Jr.
A new report indicates that the rookie’s recent contract signing might have gone unnoticed if not for the rare accommodation he offered to the Cavaliers with respect to their luxury tax costs.
The reported rookie-scale contract for Porter is $1.3 million in the first year. That means that Porter is offering the Cavaliers a temporary discount of slightly over $600,000, while his salary in the latter three years will match 120 percent of scale.
The logic in the Cavaliers offering this type of contract is because they have a number of large salaries coming off their books after the 2019-20 season. Chief among them are Tristan Thompson ($18.5 million), Brandon Knight ($15.6 million) and John Henson ($9.7 million), though Thompson could be re-signed at what would undoubtedly be a lower rate.
In addition, another of the potential free agents for the Cavaliers after next season is guard Jordan Clarkson, who will be making $13.4 million for the upcoming year. While the Cavs are presumably interested in re-signing him, they could end up trading him by the February deadline if they fail to come to an agreement.
One other contract that will also be done is that of exiled veteran guard J.R. Smith, though he’ll either be traded away or paid the $4.4 million guaranteed portion of his contract by the end of this month.
Porter was one of three guards the Cavaliers drafted during the first round, joining fifth overall pick Darius Garland and 26th overall selection Dylan Windler. While Porter is now signed, he’s not taking part in Summer League action in Las Vegas.
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