Report: Cavs to Sign Andrew Wiggins to Rookie Deal

by July 21, 2014

Despite the incessant Kevin Love trade rumors, the Cleveland Cavaliers are reportedly prepared to ink Andrew Wiggins to his first NBA contract sometime this week. Once signed, Wiggins cannot be moved for a period of 30 days. Per ESPN:

The Cavaliers, sources say, are merely exploring options for using their estimated $1.4 million in remaining cap space before signing Wiggins to a contract that will pay him in the neighborhood of $5.5 million as a rookie.


The Cavs and Timberwolves have been discussing a Love trade since the return of LeBron James, with sources saying that Minnesota is insistent on getting Wiggins back in any deal that sends Love to Cleveland.


One option under consideration for the Cavs, sources say, is using their leftover salary-cap space to create long-term contracts for recent second-round picks Joe Harris and Dwight Powell. Signing Wiggins first would preclude such moves.