NBA News: Cavaliers excercise options on Irving, Thompson, Waiters and Zeller

The Cavaliers announced today that they have exercised fourth year team options on Kyrie Irving and Tristan Thompson, and third year options on Dion Waiters and Tyler Zeller.

The option for Kyrie Irving is worth $7.46 million dollars for the 2014-2015 season. Tristan Thompson’s option will cost the Cavaliers $5.42 million.

Waiters will earn $4.06 million nest season and Zeller $1.7 million. The Cavaliers now have just under $36.3 million in guaranteed contracts for the 2014-2015 season. Andrew Bynum’s contract is worth $12.54 million additionally if he is on the team after this season.

Irving , Waiters and Zeller were among the 27 NBA players who participated in the three-day USA Basketball minicamp held in Las Vegas July 22-25, while Thompson led the Canadian National Team during the FIBA Americas Championship tournament.

[Related: Video of Cavaliers’ future. Tristan block leads to Irving assist of Bennett dunk]

  • Lunch

    Yay!! 🙂

  • Ben Frambaugh

    This was an easy call. Probably the “toughest call” would have been Tyler Zeller.

  • The_Real_Shamrock

    At just $1.7M he’s a bargain for a backup big man and we both know you can never have enough depth. Which brings me to Taylor and Sims. I wish the Cavaliers had room for them because I like both. Perhaps they’ll sign on for the D-League.

  • Ben Frambaugh

    Yeah…but if you had to rate which was the easiest to keep, you’d almost certainly have them in this order:
    Kyrie, Thompson, Dion, Zeller. That’s why “toughest call” was put in qoutations like it was.

    Sims will almost assuredly make our roster (and spend a lot of time in the D-league) this year. I think that Taylor (unless he is signed elsewhere) also gets some good burn with Canton.

  • Steve

    Little talk of the exhibition last night I guess. The Jack-Irving pairing looked good to me. I think they’ll score a lot of points. Give up a lot too. Irving had serious issues with Beal.