The Cavaliers and Collin Sexton have had conversations about a new contract, though the two sides remain far apart in coming to an agreement.
According to Chris Fedor of Cleveland.com, the Cavaliers offer is for roughly $40 million over three seasons. That pact is far below the $20 million annual contract that Sexton’s camp had reportedly been after.
Only two teams can reasonably make Sexton an offer on the free agent market, as the Pacers and Spurs each possess the kind of cap space necessary. Other teams could work out a sign-and-trade. The Wizards and Pistons were among the teams that were rumored to be interested earlier in the summer but it appears both franchises have gone in a new direction.
Fedor writes that Cleveland isn’t going “to bid against themselves.” For what it’s worth, Cavs GM Koby Altman spoke earlier in the offseason about how Sexton was an important part of the team.
If the former No. 8 overall pick returns to Cleveland on his qualifying offer, he’ll play the upcoming season for roughly $7.2 million.