Caris LeVert is unlikely to receive a contract extension from the Cleveland Cavaliers, according to multiple sources. Michael Scotto of HopsUp says the Cavaliers are unlikely to offer LeVert a new contract at this time.
“From my understanding, Cleveland is in no rush to do anything right now regarding Caris LeVert’s contract extension,” Scotto said.
Cavaliers NBA reporter Chris Fedor shares similar thoughts.
I think, in the end, it’s going to be difficult for both sides to make an extension because the feeling in the organization right now is that LeVert wants too much and they don’t know what his role will be. And how Mitchell fits in when he comes on board,” says Fedor.
A Look at Donovan Mitchell’s Business Talks. Also updates on Cavaliers’ Caris LeVert extension talks, Kevin Love’s future, Ricky Rubio’s expected return, if LeBron James could return to Cleveland and more @crisfedor on the @hoopshype Podcast. https://t.co/oS64KRf4ll
— Michael Scotto (@MikeAScotto) September 6, 2022
“The knights are open anyway,” Fedor continued. “If they can get him on a contract that suits a team, I think they’ll definitely consider it and look into it. I don’t see an extension coming for Caris LeVert.
In February, the Indiana Pacers traded LeVert and a 2022 second-round draft pick to the Cavaliers for Ricky Rubio, a 2022 first-round draft pick, a 2022 second-round draft pick and a 2027 second-round draft pick.
In the year On August 26, 2019, LeVert signed a three-year, $52.5 million contract with the Brooklyn Nets before the front office moved to the Pacers.
The 2022-23 season is the final year of his contract. He will make $18,796,296 next season. Last season, in 58 games and 49 starts, LeVert averaged 17 points, 3.7 rebounds and 4.3 assists per game.
The undrafted sixth-year guard shot 44.4% from the field and 32% from 3-point range. Now, the 28-year-old is entering his seventh NBA season.
Caris LeVert is unlikely to get an extension from the Cavaliers.
Last week, Cavaliers GM Mike Gansey traded Lauri Markkan, Collin Sexton, Ochai Agbagi, three unexpected first round draft picks (2025, 2027 and 2029) and two pick swaps (2026 and 2028) to the Utah Jazz for guard Donovan Mitchell.
Also, as it stands now, the Cavs are focused on Darius Garland, Jarrett Allen and Mitchell. Of course, Mitchell’s cap number for the 2022-23 season is $30,913,750. His salary takes up 17.94 percent of the team’s total salary cap.
Caris LeVert is currently the fourth highest paid player on the Cavaliers. Allen will make $20,000,000 this coming season and Kevin Love is expected to make $28,942,830.
If LeVert’s extension isn’t a concern right now, it means the front office is focused on building a more competitive team. Maybe the year It could be discounted in 2023.
The Cavaliers have not been eligible for the playoffs since LeBron James signed with the Los Angeles Lakers in 2018.
Also, the Cavaliers haven’t won a playoff game without LeBron since the 1992-93 season. It was 10 seasons before he took Jacob out of the Holy Mary – the Holy Virgin Mary. Vincent High School.
In the 1992-93 season, the team finished 54-28 (.658) and third overall in the Eastern Conference. They beat the New Jersey Nets (Brooklyn) in the first round of the playoffs.
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