J.R. Smith wants $15 million a year, the Cleveland Cavaliers have offered something in the $10-11 million range, and neither side is budging.
Both parties want a deal, but unless someone blinks, this stalemate could last a while longer.
— Joe Vardon (@joevardon) October 7, 2016
Even LeBron James’ considerable clout hasn’t swayed the Cavs to increase the dollar amount on the table.
Per the NEOMG:
When will J.R. Smith sign with the CAVS? What are they waiting for?
The Cavs (they appreciate the all caps, by the way) are waiting for Smith to sign the deal they offered him. Smith is waiting for them to up their offer. The team offered somewhere between $10 million and $11 million, annually, while Smith is looking for more like $15 million annually. Isn’t this fun?
Looking at the J.R. Smith contract negotiation issue, is there like a deadline where he can no longer be signed for the upcoming season? If so, when?
Good question. The answer is no. For example, the Cavs signed Dahntay Jones on the final day of the regular season last year. He remained on the team throughout the playoffs and played meaningful minutes in Game 6 of the Finals. Smith is an unrestricted free agent, but the Cavs have the right to give him a lucrative contract (go above the salary cap, or offer him above the veteran’s minimum) so long as he remains a free agent. Any deadline would be an arbitrary one. Either team owner Dan Gilbert draws a line in the sand, or Smith does. Or neither side does that and this thing gets worked out amicably.