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Basketball Fan
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Joined: 03 Feb 2004
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 Posted: Thu Aug 20, 2015 6:25 pm Post subject: J.R. Smith announces he's re-signing with the Cavaliers |
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http://probasketballtalk.nbcsports.com/2015/08/20/j-r-smith-announces-hes-re-signing-with-the-cavaliers/
| Quote: | J.R. Smith announces he’s re-signing with the Cavaliers
J.R. Smith‘s return to the Cavaliers was always a matter of when, not if. He opted out of the final year and $6.5 million of his contract, hoping to secure a long-term deal after a solid season in Cleveland. But he found no market this summer after a terrible performance in the Finals, and re-signing with the Cavs seemed inevitable. Smith broke the news on Thursday evening with a post on his Instagram account.
Here’s what Smith said below the picture:
Happy to say that I am returning to the Cavs! It’s been a long ride this summer but I can say for sure, well worth the wait. When I opted out of my contract, I wanted to understand the landscape of the NBA and where I fit best. The Cavaliers had things they needed to do in order to piece together a championship caliber roster. I ended up deciding that instead of potentially securing a larger deal elsewhere, I wanted to rejoin an incredible organization in pursuit of the ultimate goal, an NBA championship. Thank you to the Cavaliers for making this happen. Can’t wait to get started!
It was always unlikely that another team would throw big money at Smith — what his inconsistent three years in New York and solid half-season with the Cavs proved beyond all doubt is that he’s not a first option on offense. He thrives spotting up for open threes, which is all he’s asked to do in a Cavs offense that includes LeBron James, Kyrie Irving and Kevin Love.
Next up for the Cavs: re-signing Tristan Thompson. He has threatened to take the one-year qualifying offer and leave next summer, but the Cavs have no choice but to cave and offer him a max deal. |
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kwase
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Joined: 21 Mar 2008
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| Posted: Thu Aug 20, 2015 6:26 pm Post subject: |
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| Good! They need his inconsistent shooting to lose again in the Finals. |
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TDRock
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Joined: 27 May 2010
Posts: 49089
Location: LA to the Bay
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| Posted: Thu Aug 20, 2015 8:49 pm Post subject: |
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| J.R. Smith laughably said wrote: | | When I opted out of my contract, I wanted to understand the landscape of the NBA and where I fit best. The Cavaliers had things they needed to do in order to piece together a championship caliber roster. I ended up deciding that instead of potentially securing a larger deal elsewhere |
Yeah, right JR. You went looking for a larger deal and it just didn't happen. Nice try, tho. 
| kwase wrote: | | Good! They need his inconsistent shooting to lose again in the Finals. |
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Basketball Fan
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Joined: 03 Feb 2004
Posts: 24761
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| Posted: Fri Aug 21, 2015 7:04 pm Post subject: |
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http://probasketballtalk.nbcsports.com/2015/08/20/report-j-r-smiths-two-year-deal-with-cavs-includes-player-option-and-no-trade-clause/
| Quote: | Report: J.R. Smith’s two-year deal with Cavs includes player option and no-trade clause
Sean Highkin Aug 20, 2015, 11:15 PM EDT
Earlier on Thursday, J.R. Smith announced that he’s staying with the Cavaliers. He opted out of the final year and $6.5 million on his contract hoping to get a bigger deal, but after finding no takers, he signed what Chris Haynes of the Cleveland Plain Dealer is reporting is a two-year deal with a player option and a no-trade clause, which will pay him $5 million next season.
The reported deal is a loss of $1.5 million on what Smith would have made next season if he’d opted in, but now he has more control over his own future. If he has a good year, he can opt out and take another stab at free agency next summer when the cap goes up.
As for the no-trade clause, it’s triggered by this clause in the CBA (via Larry Coon’s indispensible CBA FAQ):
There are two additional circumstances in which a trade requires the player’s consent:
When the player is playing under a one-year contract (excluding any option year) and will have Larry Bird or Early Bird rights at the end of the season. This includes first round draft picks following their fourth (option) season, who accept their team’s qualifying offer for their fifth season. When the player consents to such a trade, his Larry Bird/Early Bird rights are not traded with him, and instead becomes a Non-Bird free agent.
Since the second year on Smith’s new deal is a player option, it’s essentially treated as a one-year deal. If he does consent to a trade away from the Cavs in his first year, his new team won’t have his Bird rights, which means they won’t be able to go over the cap to re-sign him.
Given the lack of options Smith had, this seems like a good deal for both sides. The Cavs get him for less than he would have made under his old contract, and he gets more security and control of his future. |
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Telleris
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Joined: 28 May 2013
Posts: 2371
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| Posted: Sun Aug 23, 2015 8:45 pm Post subject: |
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that's certainly an odd method to get himself stuck on the cavs
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I believe everything the media tells me except for anything for which I have direct personal knowledge, which they always get wrong |
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Tanlentueux
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Joined: 20 Jul 2005
Posts: 7169
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| Posted: Thu Sep 03, 2015 8:19 am Post subject: |
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| kwase wrote: | | Good! They need his inconsistent shooting to lose again in the Finals. |
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