His expiring contract is very valuable!
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Hey, Chris! What type of deal will the #Cavs use JR’s contract for? Taking on a big risk/big upside like Hayward? Bad contract and mid-1st round pick?
— joe bader (@jaderobe) April 4, 2019
Can you explain J.R Smith's contract for next year and the guaranteed money? Would the Cavs be able to acquire another first round draft pick from a team looking to clear cap space?
— Nicholas Mallas (@BuckeyeNick7) April 3, 2019
Hey, guys: The JR Smith contract is the most valuable trade chip the Cavs possess. It’s also one of the better ones around the NBA. And it’s the only contract of its kind. That’s probably why The Ringer’s Bill Simmons called it the “secret weapon of July free agency” on a recent podcast.
It can be complicated and I’ve asked numerous sources to explain it to me in an understandable way. So let me do my best.
Smith’s deal was signed in 2016, under the old Collective Bargaining Agreement. That was before the CBA changed the rules regarding how partially guaranteed contracts are handled in trades, especially when it comes to salary-matching purposes. Even though the CBA has changed, Smith’s contract was grandfathered in, which allows the Cavs to take back a high-priced salary (more than $15 million) while the other team is only on the hook for $3.8 million. Other deals signed after 2016 would only work for the guaranteed amount on the contract when it comes to matching salaries -- not nearly as appealing in trades.
If the mercurial shooting guard, who has been exiled from Cleveland since November, gets waived by the end of June, a team could either leave the $3.8 million on its cap for the 2019-20 season or stretch it, spreading the guaranteed money across three years at a rate of $1.29 million. Either way, it’s no longer a contract that’s detrimental. Quite the opposite. His contract has plenty of appeal to cap-strapped teams looking to shed salary in the final days before free agency.
Executive Brock Aller has been tasked with compiling a list of teams that make sense for a Smith deal. He had pegged the New York Knicks prior to their salary-dump move with Dallas involving Tim Hardaway Jr. and Courtney Lee. But there are still plenty of others.
Let’s say hypothetically the Miami Heat want to be involved in 2019 free agency. As of now, the Heat salary cap for the 2019-20 season is around $137 million -- if Goran Dragic exercises his $19.2 million player option.
For starters, the Heat could offer James Johnson, who is set to make $15.1 million next season and has a player option for $15.7 million the following year, along with a future first-round pick as a sweetener. This way, the Cavs get another draft pick, which they continue to seek for their lengthy rebuild. Miami gets financial flexibility, which it doesn’t currently have. If not Johnson specifically, Ryan Anderson’s lucrative deal fits the same parameters.
Charlotte is another team that fits. In an effort to re-sign Kemba Walker and give him more of a win-now supporting cast, the Hornets could send Bismack Biyombo and the $17 million he will be owed in 2019-20, along with either a first-round pick or one of their ascending youngsters (Miles Bridges? Malik Monk? Devonte Graham?) for Smith. That type of deal would allow Charlotte to shed a bunch of salary.
Maybe Washington’s new general manager is desperate to move Ian Mahinmi’s gross $16 million on the books for next season.
Perhaps the Celtics have buyer’s remorse with Gordon Hayward, allowing the Cavs to revive Hayward as a high-priced All-Star while the Celtics go hunting for a different second option alongside Kyrie Irving. Or Boston wants to reset its books if Irving bolts in free agency. As it stands, the Celtics are entering next season with a little more than $100 million in payroll -- provided Al Horford and Aron Baynes opt-in to their deals.
Of course, this hypothetical Boston-Cleveland swap would have to be a bigger move, probably involving the expiring deals of John Henson or Jordan Clarkson.
Think about the Cavs’ three-way trade with Houston and Sacramento a few months back. The Rockets wanted so badly to move off Brandon Knight’s bulky deal that they included a 2019 first-round pick as incentive for what amounted to an expiring contract.
Two years ago, the frantic Lakers shipped D'Angelo Russell to Brooklyn in a salary dump involving Timofey Mozgov. It gave the Lakers room to pursue LeBron James in 2018 free agency. The Nets got Russell, the 2015 second-overall pick, for taking on Mozgov's horrendous contract.
Cleveland is in the same position Brooklyn once was -- ready to eat bad contracts for young talent and/or draft picks. Chairman Dan Gilbert gave the front office freedom to take on bad money already this season (Knight, Matthew Dellavedova and Henson) and there's no reason to think he wouldn't do it again.
Chris, do the Cavs have an internal goal to be one of the 10 worst teams again next season so they don't lose their 1st round draft pick to Atlanta? What would happen if they did lose that draft pick?
— JP (@Screamwave216) April 3, 2019
Hey, @Screamwave216: It's not an internal goal. But if you’ve paid attention to the moves over the last year, they all point to this rebuild plan lasting more than just one season.
Competing next year wouldn’t be a shock. But it would require Collin Sexton taking another huge leap in Year Two, Kevin Love staying healthy for a majority of the season, getting the right coach to develop the young core and the guys added with two picks in the first round growing up quickly.
It’s more realistic to think that the 2020-21 season, when Cleveland’s salary clears up and allows it to be more active in free agency, will be the next chance to be competitive.
Is Bol Bol worth trying to move up from The Rockets pick for?
— AJ DiCosimo (@AJDiCosimo) April 3, 2019
Hey, @AJDiCosimo: Having two picks in Round 1 certainly gives Cleveland options. One of those is moving up higher for a player who begins to fall for any number of reasons. The Cavs could also trade back and snag a pair of second-rounders. It’s good to have flexibility.
I get the sense that the Cavs have serious concerns about Bol’s ability to stay healthy. He’s never once finished a full season. On the other side, Bol is a likely lottery pick without the foot injury. He possesses a unique skill set and would give the Cavs some much-needed size inside, with the potential to blossom into an elite rim protector.
If the Cavs are going to gamble, they will be more likely to do it on an injury risk than a player with character questions.
Chris I don’t believe in Colin a PG that can’t make his team better doesn’t work in the NBA in the 2019; what’s the chances the Cavs trade him this season?
— Boogie Luciano (@killuminati216) April 3, 2019
Hey, @killuminati216: I think too many people are getting caught up in labels these days. Who cares if Sexton isn’t a true point guard? What’s that mean anyway?
Yes, the Cavs -- and his teammates -- want Sexton to boost his assist numbers. Those close to Sexton have made that a primary objective while mapping out his summer plan. But let’s not say a 20-year-old player who has shown massive improvement in other once-weak parts of his game can’t improve as a passer. I mean, he’s already further along as a shooter than the Cavs anticipated at this point of his career.
Sexton is never going to be a seven- or eight-assist player. That’s not who he is. That’s not why the Cavs drafted him. He’s a score-first guard. And a very good one, ranking third among rookies in scoring and setting franchise -- and first-year -- marks.
His scoring has put the Cavs in position to win a handful of games late in the season and now has a strong case to be part of the All-Rookie First Team. He was one of the few rookies that continued on an upward trajectory all season. Let's focus on what he's done rather than what he hasn't -- or can't in the future.
How high are the Cavs on Alex Jensen ? I prefer his style to that if Jodi Fernandez.
Also, do you wonder if the Cavs are being closed minded to those outside of guys they know in the G League and coached for them? It sounds like it to me .
No favorites should be allowed
— Hiram Boyd (@hiramboyd) April 3, 2019
Hey, @hiramboyd: As I’ve written a few times, the Cavs will conduct an expansive search, looking for their next coach from three main categories: Retreads (sorry, can’t think of a better term), college coaches (unlikely) and up-and-coming assistants.
Head coaching experience isn’t a prerequisite. Neither is once being part of the Cleveland organization.
Jensen will be on the list. He comes from a winning organization in Utah, one that the Cavs have a healthy respect for and also has prior head coaching experience with the Canton Charge. His appeal is not entirely about that. It’s not just that Jensen and Jordi Fernandez, who you mentioned, were previously with the organization. It’s more about the experience edge those two have after running a basketball team day-to-day in the G League, similar to what would be asked as head coaches.
Adrian Griffin has never been with the Cavaliers. He’s spent time in Milwaukee, Chicago, Orlando, Oklahoma City and now Toronto. Despite his lack of a local tie, he’s a guy the Cavs interviewed in the past and will likely be on their list again.
Before you get too caught up in the idea of favoring guys with connections, remember this: Hawks GM Travis Schlenk, once a member of the Golden State front office, chose one-time Warriors assistant Lloyd Pierce. That looks like a grand slam.