The Cleveland Cavaliers are set for a busy offseason. One of the goals will be ducking below the second apron, and preferably the first as well. Look no further than the Cavs trading out of the first round into the second this past week to save money as proof of that.
One of the ways they should be able to save money next season is by negotiating a new deal with James Harden. As it stands, Harden has a player option worth $43.3 million for next season with $13.3 million guaranteed. Reporting suggests that Harden is willing to negotiate a smaller annual value in a deal for next year, in exchange for a longer deal.
NBA insider Jake Fisher wrote on Friday morning that Harden and the Cavs “should soon have a verbal agreement on a new multi-year deal” shortly. The annual value of that deal is unknown.
This makes sense for both parties.
Harden is nearing the end of his career. Securing future paydays beyond this upcoming season is more beneficial for him in the long term. From the Cavs’ perspective, they could be saving up to $10 million on next season’s cap sheet, depending on how much Harden signs for. That would allow them to get under the second apron and remake the roster.
Harden had a strong season for the Cavs after being dealt to Cleveland in February. He averaged 20.5 points and 7.7 assists per game on .466/.435/.840 shooting splits in 26 regular-season games. In the playoffs, Harden averaged 19.2 points and 5.5 assists on .410/.299/.831 shooting splits in 18 games.
Earlier this month, Harden was arrested outside of Houston, Texas, for unlawfully carrying weapons. He was charged with a misdemeanor.