Showing posts with label Cavs. Show all posts
Showing posts with label Cavs. Show all posts

01 July 2014

BASKETBALL: Kyrie Irving, Cavs Agree To Extension

 Dogged by rumors that he was wanted out of Cleveland, franchise cornerstone Kyrie Irving and Cleveland Cavaliers owner Dan Gilbert tweeted early Tuesday that they have agreed to terms on a five-year contract extension.

The deal will be worth approximately $90 million, the maximum allowed under the NBA's collective bargaining agreement, sources with knowledge of the situation told ESPN.

Irving had one year remaining on his contract. The agreement, which will go into effect next season and will run through the 2019-20 season, was announced by Gilbert on his Twitter feed.