Cavs Sign Jarrett Jack to Four-Year, $25 Million Deal

by July 07, 2013

When the Warriors signed Andre Iguodala, they became financially unable to hang onto Jarrett Jack, who, according to the Contra Costa Times, has signed a four-year deal with the Cleveland Cavaliers: “Point guard Jarrett Jack’s days with the Warriors are all but officially over. The stud reserve who helped lead the Warriors on a playoff run, agreed to a four-year deal with the Cleveland Cavaliers, a league source said. Jack’s new deal – eligible to be signed on July 10 when the NBA’s moratorium ends – totals $25.2 million. Just over $19 million of that is guaranteed. Jack will join budding star point guard Kyrie Irving and try to duplicate his impact on the Warriors with the Cavaliers. Golden State’s acquisition of swingman Andre Iguodala figured to end his days with the Warriors. But some salary cap wiggling kept alive some hope he could stay in the Bay Area. However, Jack’s importance to the team figured to be diminished on the new-look Warriors so he decided to jump at other options.”