Nets, Hornets eyed Isaac Okoro sign-and-trade earlier than Cavs extension

The Cleveland Cavaliers and Isaac Okoro agreed to a three-year, $38 million contract extension on Saturday, securing the Cavs’ beginning frontcourt alongside heart Jarrett Allen and Evan Mobley. Cleveland used its Fowl Rights to increase Mobley’s rookie deal on a five-year, $224.3 million contract earlier than Allen inked a three-year, $91 million extension in August. Nonetheless, the Brooklyn Nets and Charlotte Hornets had been reportedly partaking in a possible sign-and-trade transfer for Okoro earlier than hanging a deal to remain in Cleveland, in line with Hoopshype’s Michael Scotto.

“The Brooklyn Nets and Charlotte Hornets had been among the many groups who expressed curiosity in buying restricted free agent Isaac Okoro through sign-and-trade earlier than he agreed to a three-year, $38 million deal to return to the Cleveland Cavaliers, league sources informed [Hoopshype],” Scotto stated on his X, previously Twitter.

The Cavs prolonged their qualifying supply value $11.83 million on June 29, which Okoro declined earlier than the Nets and Hornets expressed curiosity. Nonetheless, each side might conform to a brand new deal earlier than its October 1 expiration date, preserving Okoro in Cleveland forward of the upcoming season and past.

“Deal features a small quantity in bonuses tied to staff success,” Scotto stated of Okoro’s deal when the information broke. “Okoro handed on taking his qualifying supply to assist preserve core collectively and attempt to compete for a title.”

After rumors of the Cavs doubtlessly buying and selling Okoro forward of the upcoming season, each side had been amidst negotiations on a multiyear deal earlier than making Okoro’s three-year extension official on Saturday, per ESPN’s Brian Windhorst.

“Isaac Okoro, there’s solely been slightly little bit of speaking forwards and backwards. I’m certain it’ll improve as we get nearer to camp,” Windhorst stated. “The Cavs are realizing that each one the cash is spent on the market. Okoro has the choice of taking his qualifying supply. I’m informed the Cavs made a multiyear supply. No matter that’s value, it’s type of a no brainer [that] they’d make a multiyear supply.”

The Cavs’ entrance workplace is all-in on its core gamers

After firing former Cleveland Cavs head coach JB Bickerstaff on the finish of the 2023-24 marketing campaign, the Cavs entrance workplace secured its core, together with Isaac Okoro, throughout its pivotal offseason. Coming from its deepest playoff run in six years, the Cavs signed their celebrity Donovan Mitchell to a three-year, $150.3 million extension in July earlier than securing Allen to a brand new multiyear deal and bringing again Tristan Thompson on a one-year contract.

Underneath new head coach Kenny Atkinson, they’ll look to construct on their Jap Convention semifinals 4-1 loss to the Boston Celtics, who beat a depleted Cavs staff that performed with out their beginning heart Jarrett Allen all collection and had been with out Mitchell for Video games 4 and 5.