James Hardennew three-year contract with Cavaliers According to Bobby Marks of ESPN, the starting salary is $30,647,619. Sports business class.
Like us details over the weekendbecause Cleveland was operating just $30,692,664 below its hard-earned first apron price and only kept Harden Right non-Birdwhich capped his 5% annual raises, he couldn’t get the full $97 million he and the team reportedly agreed last month. But he’ll come pretty close.
With a starting salary of $30,647,619 and a 5% bonus, Harden’s three-year total is $96,540,000. His deal also reportedly includes a third-year player option and a 15% trade kicker.
After signing Harden, Cleveland only has $45,045 in cap space with 14 players on standard contracts. It’s certainly possible that the Cavs will get a little more flexibility during the preseason or season by making other roster moves, but right now the team doesn’t have the right to sign a free agent as the 15th man until April 9, when proportionally the minimum salary cap will drop to $42,231.
Marks also provided details about the draft Trade on Tuesday between Art Grizzlies and Pelicansreporting that Memphis has acquired Toronto’s 2031 second-round pick as well as the rights to trade up to a 2032 second-round pick.
The Grizzlies already controlled the most favorable of them, the Sixers, and the Jazz in the 2032 second round. They now have the right to trade the most favorable of those three picks for the Pelicans’ own second-rounder in 2032.