Love stays put
Kevin Love has unfinished business in Cleveland and Tyson Chandler will be conducting his in Phoenix.
The first full day of NBA free agency featured skyrocketing salaries and a flurry of moves, though no decision yet from LaMarcus Aldridge. Players and teams agreed to more than $1 billion worth of deals.
Love made his choice quickly, opting to stay with the Cavaliers on a five-year deal that could be worth more than $110 million. He revealed his decision in a piece in The Players’ Tribune.
“We have unfinished business and now it’s time to get back to work,” Love wrote.
Jimmy Butler and Mike Dunleavy also stayed put in Chicago for around $115 million combined, Goran Dragic is remaining in Miami and Paul Millsap will stick with Atlanta.
But Paul Pierce and plenty other players were on the move with salaries soaring ahead of next year’s new TV contracts that might make Wednesday’s action seem tame next summer.
“I LUV that the players are bank rolling, capitalize and seize the moment,” Hall of Fame guard and TNT analyst Reggie Miller wrote on Twitter. “Trust me the owners and the league are making money, so should you.”
Chandler will get his in Phoenix, taking $52 million over four years to leave Dallas, while Atlanta’s DeMarre Carroll agreed to a deal with Toronto for $60 million over four years. Pierce then left Washington to reunite with former Boston coach Doc Rivers with the Los Angeles Clippers on a $10 million contract.
Terms of all the deals were confirmed to The Associated Press by people with knowledge of the details.
They were granted anonymity because contracts can only be agreed to during the first week of free agency. They can’t be signed until July 9, after next season’s salary cap is set.
Millsap was rewarded for his strong play in Atlanta with a three-year deal worth about $59 million, as the Hawks made sure not to lose both starting forwards after Carroll’s departure.
Aldridge was busy meeting with teams for a second straight day while he decides whether to leave Portland.
His representatives wrote on Twitter on Wednesday afternoon that he had made no decisions, even following reports that the Lakers had been eliminated.
