Cavs Re-Sign Korver

Cavs Re-Sign Korver

2017-07-02 Off By Mike Schreiner

 

In a move that should please Cavalier fans, the team has agreed to a new contract with swingman Kyle Korver. According to reports, the deal is for three years and $22 million, with the third season only partially guaranteed.

This looks like a tremendous deal for the Cavaliers. While teams have been a little more cautious with their spending than they were last summer, there have still been some mammoth deals given out in the first two days of free agency. Considering that shooting guard J.J. Reddick, a similar (albeit younger and and better defensive) player agreed to a one-year $23 million dollar contract with the Philadelphia 76ers, it wasn’t out of this world to think that Korver would at least be looking for a figure that paid him seven figures annually. To re-sign him to a deal that will pay him less for three seasons than Reddick will make for one, and that is less than the non-taxpayer mid-level exception, is likely the best possible outcome for the Cavaliers.

Korver, who was the 51st pick in the 2003 NBA Draft, has also played for the 76ers, Utah Jazz, Chicago Bulls, and Atlanta Hawks in his career. He has led the league in three-point percentage four times, including last season, which he split between the Hawks and Cavaliers. His .536 mark from three for the 2009-2010 season is the highest single season mark in NBA history, and he is currently ranked fifth all time in three-point field goals and seventh all-time in three point percentage. In short, he is one of the greatest shooters in league history.

This deal will likely take Korver through the end of his career, and gives him the type of security players desire in their final seasons. In short, this is a win-win deal for both sides, and a move all Cavalier fans can be excited about.

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