Menu
Swatch announces to make Batteries with Unmatched Storage Capacity

Swatch announces to make Batteries with Unmatched Storage Capacity

Harrison Ford returns in Denis Villeneuve's Blade Runner Sequel

Harrison Ford returns to Denis Villeneuve's Blade Runner Sequel

The Science Behind The Dress

The Science Behind The Dress

Star Trek's Renaissance Man Leonard Nimoy, dead at 83

Leonard Nimoy, Star Trek's Renaissance Man, Dead at 83

Apple Watch Will Ditch the Car Keys and Remind Users to Exercise

Apple Watch Will Ditch the Car Keys and Remind Users to Exercise

Kyrie Irving Agrees to 5-Year, $90M Extension with Cavaliers

Jul 1 2014, 3:48am CDT | by , in News | Latest Sports News

Kyrie Irving Agrees to 5-Year, $90M Extension with Cavaliers
Photo Credit: Getty Images
/* Story Top Left 2010 300x250, created 7/15/10 */ google_ad_slot = "8340327155";

Cleveland Cavaliers All-Star guard Kyrie Irving agreed to a five-year, $90 million contract extension on July 1 -- the first day of free agency.

All-Star guard Kyrie Irving agreed to a five-year extension with the Cleveland Cavalers on July 1.

According to ESPN's Brian Windhorst, Irving's deal is worth around $90 million, citing league sources. Irving had one year remaining on his rookie contract which he signed in 2011: 

"The Cleveland Cavaliers secured a major part of their future early Tuesday morning when franchise cornerstone Kyrie Irving agreed to a five-year maximum contract extension that will be worth approximately $90 million, according to sources with knowledge of the situation.

"Irving had one year remaining on his contract. The deal, which will go into effect next season and will run through the 2019-20 season, was announced by team owner Dan Gilbert on his Twitter feed:

"The deal can't be signed until July 10. 

"Gilbert, Cavs general manager David Griffin, new coach David Blatt and other team officials traveled to Irving's home in New Jersey and presented him with the offer shortly after midnight to cap their offseason priority. 

"Securing Irving's full five-year additional commitment was vital for the Cavs to stabilize the franchise, as Irving will be playing for his third coach in the past three seasons. 

"Getting Irving's commitment is also symbolic; the Cavs were only able to sign former star LeBron James to a three-year contract extension in 2006 and it set the stage for his departure from the team in 2010. Gilbert had vowed not to let that happen again with a star player." 

USA TODAY's Sam Amick confirms the agreement between the two parties: 

"The Cleveland Cavaliers secured the most important piece of their future early Tuesday morning, when point guard Kyrie Irving agreed to a five-year, $90 million maximum contract that will be signed when the NBA free agency moratorium lifts on July 10. 

"A person with knowledge of the situation confirmed the terms of the deal but spoke to USA TODAY Sports on the condition of anonymity because terms were not discussed by the team. Cavaliers owner Dan Gilbert tweeted about the agreement not long after the team's meeting with Irving, breaking the news that an agreement was reached. 

"There were times in past few seasons when it appeared Irving's future in Cleveland may be in doubt, as he at times didn't appear to be a good fit with backcourtmate Dion Waiters and grew frustrated as the Cavaliers failed to make the playoffs in his first three seasons.

"But with new general manager David Griffin leading the front office effort and David Blatt having recently been named head coach, Irving clearly felt comfortable enough to commit for the long-term.

"The question in the coming days and weeks will be whether there's any chance of the Cavs pulling off the seemingly-impossible free agency coup: landing LeBron James. Again. James' most recent maneuverings have led many around the league to believe he'll re-sign with (the) Miami (Heat), but the Cavaliers are likely to speak with his agent, Rich Paul, about a possible reunion that seemed so unlikely when he left on the worst of terms via free agency in the summer of 2010. 

 

"Securing Irving's services this early in the process certainly doesn't hurt on that recruiting front or any other. And either way, Cleveland now knows that it's (the) two-time All-Star who is still just 22 years old is staying put."

Irving averaged 20.8 points, 3.6 rebounds and 6.1 assists in the 2013-14 NBA seasons, per ESPN stats. 

For more of the hottest sports news, log on to Sport Balla today. 

You Might Also Like

Read the Latest

The next Nexus 7 could possibly be manufactured by Huawei

The next Nexus 7 could possibly be manufactured by Huawei Huawei has its own Kirin processor lineup which has been used in the company’s phones for quite some time

12 minutes ago

Apple's iPhone 6s to feature Force Touch this year

Apple's iPhone 6S to feature Force Touch this year This new technology is probably going to make its way to the complete iPhones line in a year

50 minutes ago

Google presents plan to extend headquarters at Silicon Valley

Google presents plan to extend headquarters at Silicon Valley The new construction will have movable blocks under translucent canopies

56 minutes ago

Wesleyan Drug Paradox: Molly Overdoses Happened Even With Stricter Campus Rules

Wesleyan Drug Paradox: Molly Overdoses Happened Even With Stricter Campus Rules In wake of a string of club overdoses at Wesleyan University, a battle wages in terms of how to address the growing...

2 hours ago

Games of Thrones Season 5 Artwork Revealed

Games of Thrones Season 5 Artwork Revealed The newest poster of the show depicts Lannister on a ship with one of Khaleesi’s dragons on the horizon flying towards...

4 hours ago

Saturn Moon Titan could Support Life

Saturn Moon Titan could Support Life Cornell University researchers say life on Saturn Moon Titan is possible, but it would be different from Earth.

4 hours ago

Kelly Osbourne leaves Fashion Police

Kelly Osbourne leaves Fashion Police Kelly Osbourne quits the E! Entertainment’s show Fashion Police after the whole Rancic-Zendaya racial comment debacle...

4 hours ago

Jennifer Lawrence adores David O. Russell

Jennifer Lawrence adores David O. Russell Academy Award winning actress Jennifer Lawrence took to Facebook to eliminate the false gossip surrounding her having...

5 hours ago

Thief returns Lupita Nyong'o $150K Fake Pearls Dress

Lupita Nyong'o $150K Oscar Dress found in Trash The 6000 pearls on Lupita Nyong'o's Oscar dress are not real jewels, as the thief himself returns the dress...

6 hours ago

Apple Watch Will Ditch the Car Keys and Remind Users to Exercise

Apple Watch Will Ditch the Car Keys and Remind Users to Exercise Tim Cook gave an exclusive interview with Allister Heath of The Telegraph and explained how the Apple Watch could...

9 hours ago

The Dress sets new Record on Buzzfeed for Most Viewed Post

The Dress sets new Record on Buzzfeed for Most Viewed Post The Dress is still the top trending hashtag on Twitter. Buzzfeed has revealed just how big The Dress phenomenon is. One...

10 hours ago

Star Trek's Renaissance Man Leonard Nimoy, dead at 83

Leonard Nimoy, Star Trek's Renaissance Man, Dead at 83 Leonard Nimoy passed away on February 27, 2015, at the age of 83 as the world mourns the loss of a beloved entertainer.

13 hours ago

Apple might increase RAM in upcoming mobile devices

Apple might double the RAM in iPhone 6S According to analysts, the demand for increased RAM might take a toll by the second half of this year

1 day ago, 11:48am CST

Sprint Promo shows the Samsung Galaxy S6 and S6 Edge

Sprint Promo shows the Samsung Galaxy S6 and S6 Edge The image comes from a verified Sprint employee

1 day ago, 11:33am CST

Google reverses decision to ban Explicit content On Blogger

Google reverses decision to ban Explicit content On Blogger Users protested the search giant's decision to block all sexually explicit content on its blogging platform

1 day ago, 11:26am CST

Swiss luxury watch makers respond to the Apple Watch

Swiss luxury watch makers respond to the Apple Watch Luxury watch companies, Alpina and Frederique Constant, are going to turn their traditional watches into mechanical...

1 day ago, 11:20am CST

MWC 2015 Preview

MWC 2015 Preview The Mobile World Congress is the most prominent event in the Mobile Industry. The Mobile World Congress is the World’s...

1 day ago, 10:53am CST

Samsung Galaxy S6 to ship with earbuds similar to Apple earpods

Samsung Galaxy S6 to ship with earbuds similar to Apple earpods The earbuds feature the same flat tangle-free cord design and a remote

1 day ago, 9:37am CST

Apple Watch Will Be Pricier Than The Average Smart Watch Sold In 2014

Apple Watch Will Be Pricier Than The Average Smart Watch Sold In 2014 Priced at $349 (starting price), the Apple Watch is positively more expensive than the rest of the smart watches sold...

1 day ago, 9:21am CST

$100 million Deal for Keeping Up with Kardashians

$100 million Deal for Keeping Up with Kardashians The Kardashian clan reportedly signed a $100 million deal with E! for another four years of the Keeping Up with...

1 day ago, 9:17am CST

Photo credit: Larry W. Smith/Stringer/Getty Images

Missouri Mass Shooting: 9 Dead In Suspected Murder-Suicide Police in a rural part of Missouri are investigating nine deaths believed to be the result of a murder-suicide. The...

1 day ago, 9:08am CST

Sex Box comes to US

Sex Box comes to US The show is about couples facing intimacy issues in their relationships which are resolved by specialists and the...

1 day ago, 9:04am CST

8000 Years Ago Ancient Britons traded in Wheat

Ancient Britons traded in Wheat 8000 Years Ago Recently 8000 years old wheat DNA samples were found at an ancient site in Britain indicating the presence of Bread...

1 day ago, 8:39am CST

House of Cards Season 3 makes President a Little Human

House of Cards Season 3 makes President a Little Human House of Cards receive social media attention prior to its season 3 which premiered at Empire Cinema in Central London

1 day ago, 7:54am CST

$532.9 Million Not Enough for Smartflash, sues Apple yet Again

$532.9 Million Not Enough for Smartflash, sues Apple yet Again Apple Incorporated is being sued yet again by Smartflash over patent usage. Already Smartflash won $532.9 Million in a...

1 day ago, 6:20am CST

Twitter updates User Safety Features to stop Abuse

Twitter updates User Safety Features to stop Abuse Twitter announces new user safety features and also tripled the size of its abuse handling team.

1 day ago, 5:57am CST

Assassin’s Creed Unity App Review

Assassin’s Creed Unity App Review Assassin’s Creed Unity was one of the most anticipated games for the past year. The game enthusiasts had waited for...

1 day ago, 5:28am CST

Jihadi John Victim’s Widow wants Emwazi caught Alive

Jihadi John Victim’s Widow wants Emwazi caught Alive An ISIS figure named Jihadi John has his victim’s widow wanting him punished for his heinous crime.

1 day ago, 5:23am CST

Facebook lends Free Option regarding Gender Identity

Facebook lends Free Option regarding Gender Identity Facebook has lent its users a free option as regards gender identity. Those who frequent the social network may...

1 day ago, 4:30am CST

New Swatch Touch Zero One Smartwatch Unveiled

New Swatch Touch Zero One Smartwatch Unveiled Swatch announced the Swatch Touch Zero One Smartwatch tailored for Beach Volleyball.

1 day ago, 4:23am CST

Comments

blog comments powered by Disqus