Tyronn Lue Contract: Latest News, Rumors on Coach’s Negotiations with Cavaliers

April 29th, 2016 by Alec Nathan Leave a reply »
Tyronn Lue took over as the Cleveland Cavaliers' head coach on Jan. 22 after David Blatt was fired, but the former associate head coach reportedly hasn't signed a new contract since getting promoted.  

Continue for updates. 

No Cause For Concern Regarding Lue's Contract Friday, April 29 According to ESPN.com's Dave McMenamin, Lue and the Cavaliers agreed to terms verbally on a renegotiated deal after he accepted the new job, but he has yet to put pen to paper to sign off on the contract.

On Jan. 23, ESPN.com's Ramona Shelburne reported the structure of Lue's renegotiated contract would pay out a prorated $3 million for the remainder of the 2015-16 season and $3 million during the 2016-17 campaign before the team would have a $3.5 million option in the deal's third year. 

However, McMenamin made it clear that Lue isn't going anywhere. Citing a source close to the coach, McMenamin reported that the 38-year-old "fully expects to be the head coach of the Cavs next season and beyond, no matter what happens with his team the remainder of the postseason."

At this point, signing the new deal appears to be ...

Read Full Article at Bleacher Report - NBA
Article written by

Advertisement

Comments are closed.