Tristan Thompson Unable To Land Extension With Cleveland Cavaliers

Posted: Nov 3 2014, 12:28am CST | by , in News | Latest Sports News


Tristan Thompson Unable to Land Extension with Cleveland Cavaliers
Photo Credit: Getty Images
  • Tristan Thompson was unable to reach an agreement on an extension with the Cavaliers.
  • He will become a restricted free agent on July 1, 2015.
  • His teammate, Anderson Varejao, has been given a new $30 million extension.

Cleveland Cavaliers forward Tristan Thompson failed to reach an agreement on a rookie-scale extension with the team over the weekend.

Cleveland Cavaliers forward Tristan Thompson failed to reach an extension with the team over the weekend.

Thompson and the Cavaliers were unable to agree on a new contract after the Oct. 31 game against their Central Division rivals, the Chicago Bulls, per The Northeast Ohio Media Group's Chris Haynes:

"Tristan Thompson was a beast as he helped the Cavaliers secure their  first win of the season with a gritty 114-108 overtime victory over the Chicago Bulls on Friday night.

"His effort on the boards provided a healthy dose of second-chance opportunities for his team. Thompson came off the bench and pulled down 13 rebounds in 36 minutes to go along with 16 points. 

"Out of those 13 boards, 12 were offensive rebounds.

"Four offensive boards came in overtime, one of the main reasons Cleveland had six more field goal attempts than Chicago in the extra quarter. 

"'See ball, get ball. That's my motto,' he said after the win.

"On the court the 6-10 big man was everywhere, throwing his body around. Off the court, his financial affairs were idle.

"Thompon's agent, Rich Paul, and the Cavaliers failed to reach an agreement on a rookie-scale extension by the Oct. 31 deadline. On Wednesday, owner Dan Gilbert said the plan was to lock Thompson up long-term and he was hopeful a deal could be struck this week.

"Northeast Ohio Media Group was told that each side valued Thompson differently, which will result in the 22-year-old forward becoming a restricted free agent on July 1. 

"It is believed that Paul always preferred to go the route of restricted free agency, understanding there will be more money to be had for his client in the summer. 

"His contract situation is the least of his worries. 

"'I'm just focused on helping my team win,' Thompson said to NEOMG. 'If I can do that, we'll be fine.'

"Cleveland will have the right to match any offer sheets issued to Thompson. He will be a young big in high demand. The Cavaliers have invested countless resources in the development of their prized forward. Losing him would be a setback."  

On the other hand, Thompson's teammate, Cavaliers forward Anderson Varejao, secured a three-year contract extension worth $30 million, per a Nov. 1 ESPN update:

"Best known for his wild hair and hustle, Anderson Varejao's heart and hard work got him a new contract with the Cavaliers.

"Cleveland signed its starting center to a contract extension on Friday. A league source told ESPN's Brian Windhorst the deal is worth $9.6 million next season, $10.3 million ($9.3 million guaranteed) in 2016-17 and $10 million (non-guaranteed) in 2017-18.

"Varejao was in the final year of a six-year contract he signed in 2008. He's making $9.7 million this season and would have been eligible to become a free agent this summer before the Cavs decided to lock him up for a few more seasons.

"'I'm happy. I always said that I never wanted to leave Cleveland and that Cleveland was home for me,' Varejao said Friday night after the team's 114-108 overtime win against the Bulls. 'From the beginning when I got to Cleveland they really took care of me -- the fans, the city and everything. I'm happy. I'm happy that I got my extension. I'm happy that I got at least three more years in Cleveland.'

"'Congrats to him,' said LeBron James, now in his second stint as Varejao's Cavs teammate, prior to Friday's win. 'Obviously, he's worked hard. He's been loyal to this franchise, and they rewarded him with it because of his hard work and dedication to the game. It's exciting for him, for sure. It allows him to [feel comfortable]. I know he already feels comfortable. He was in a few trade rumors last year, the year before and for him to be at this point right now, I think it's successful for him.'" 

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The Author

Poch de la Rosa follows all major U.S. sports: NFL, MLB, NBA, NHL and the NCAA. His favorite teams are the Colts, Braves, Pacers, Sharks and Irish, respectively.




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