Tourism minister continues winter journey across key attractions in Riyadh, Diriyah    Saudi Arabia, partners condemn Israeli official's visit to Somaliland    Why Al-Zoubaidi betrayed the South and stabbed Yemen in the back    Neves inspires Al Hilal to 10th straight league win with 3-0 victory over Al Hazem    Al Qadsiah stun Al Nassr 2-1 as Rodgers' side extend impressive league run    Prince Faisal and Marco Rubio discuss latest regional developments in Washington    NCM reports near-freezing temperatures during mid-year school vacation    Cambodia extradites alleged cybercrime kingpin to China    Royal Commission for AlUla announces scientific discovery of rare fossils dating back 465 million years    123,000 new commercial registrations in Q4 2025, bringing total to over 1.86 million    Studies flag link between food preservatives and cancer, type 2 diabetes    Woman fatally shot by immigration agent during raid in in Minnesota    Saudi stocks rise on anticipation of broader foreign investor access    Saudi POS transactions reach SR17bn in one week    Venezuela will turn over oil worth up to $2.8bn to US, says Trump    Al Hilal move top of Saudi Pro League with 2-0 win over Damac    Ivan Toney ends Al Nassr's unbeaten run as Al Ahli win thriller 3-2    Skip the fads: What health experts say actually works as 2026 begins    Pioneering treatment reverses incurable blood cancer in some patients    Maestro unveils 3 new flavors in collaboration with Netflix    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Cavs make room for James
Published in The Saudi Gazette on 11 - 07 - 2014

CLEVELAND — The Cavaliers have cleared a path for LeBron James to return to Cleveland.
They've made their moves. They're just waiting for him to make his.
The Cavs created enough salary-cap space to offer the superstar free agent a maximum contract Wednesday agreeing to trade guard Jarrett Jack, swingman Sergey Karasev and center Tyler Zeller in a three-team deal with Brooklyn and Boston, a person familiar with the deals told The Associated Press. The person spoke on condition of anonymity because teams are not permitted to discuss trades until the league's moratorium ends Thursday.
The maneuvering is designed to open room under the salary cap so they can re-sign the Akron-born James, the four-time league Most Valuable Player and most sought after player on the market.
Not long after making the trade with the Celtics and Nets, the Cavs had exploratory discussions with the Minnesota Timberwolves about a possible trade for three-time All-Star Kevin Love — if James does return to Cleveland, said a person with knowledge of the inquiry.
The Timberwolves would be looking for No. 1 overall draft pick Andrew Wiggins to be part of any potential package from Cleveland in order to consider parting with Love if the talks were to become more serious, the person said, speaking with the AP on condition of anonymity because neither team publicly announced the conversation.
Whatever the Cavs' next move is — with or without James — they could package together their other assets, including future first-round picks, to make a run at other All-Star players.
In the three-team trade the Cavs pulled off earlier Wednesday, Cleveland will receive guard Marcus Thornton from the Nets and send him, Zeller and a future first-round pick to the Celtics. Also, the Cavs are trading Jack and Karasev to the Nets.
Jack, who signed with Cleveland as a free agent last season, was scheduled to make $6.3 million, Zeller will make $1.6 million and Karasev $1.4 million
In trading those salaries, the Cavs have enough to give James a maximum, $20.7 million contract — if he decides to sign with Cleveland. James played his first seven seasons with the Cavs before leaving as a free agent in 2010, and it's apparent the team is doing everything it can to bring him back.
Under NBA rules, teams must abide by a salary cap set by the league. If the combined salaries of the team's roster surpasses the cap, teams are forced to a pay additional taxes. Last season, the salary cap was approximately $59 million, and the league announced Wednesday that it will increase 7.5 percent to an all-time high of $63.065 million for the 2014-15 season. The tax level — the point at which a team is penalized for exceeding the salary cap — for next season has increased by 7.1 percent to $76.829 million.
ESPN first reported details of the three-team trade. Jack's first season with Cleveland didn't go as he or the Cavs had hoped. He signed a four-year, $25 million deal last July after playing in Golden State. The Cavs counted on him being a leader for their young team, but it didn't work out as Cleveland finished 33-49, missed the playoffs and fired coach Mike Brown. — AP


Clic here to read the story from its source.