tlongII
07-08-2005, 11:48 AM
from the Akron Beacon-Journal
Cavs reach agreement with Hughes
Agent confirms Redd to re-sign with Bucks for $90 million over six years
The Cavaliers have landed a top shooting guard.
According to league insiders, the team reached a verbal contract with Washington Wizards shooting guard Larry Hughes late Thursday.
It is believed the Cavaliers will sign him to a five-year contract starting at around $12 million per season when they are allowed on July 22.
Hughes averaged 22 points, 6.3 rebounds, 4.7 assists and a league-best 2.9 steals per game last season. He was named to the NBA's All-Defensive Team after helping lead the Wizards to their first playoff appearance since 1997.
The Wizards had intended to keep Hughes. But with two other stars, Gilbert Arenas and Antwan Jamison, with large salaries on the books, it is possible the Cavaliers simply out-bid them.
The Cavaliers had courted free agent point guards Ray Allen and Micheal Redd earlier this week. Redd agreed to a six-year, $90 million deal to stay with the Milwaukee Bucks. Allen decided to remain with the Seattle SuperSonics for $85 million over five years.
The Cavaliers, who still will have around $16 million to spend in free agency are believed to be focusing now on re-signing center Zydrunas Ilgauskas.
Cavs reach agreement with Hughes
Agent confirms Redd to re-sign with Bucks for $90 million over six years
The Cavaliers have landed a top shooting guard.
According to league insiders, the team reached a verbal contract with Washington Wizards shooting guard Larry Hughes late Thursday.
It is believed the Cavaliers will sign him to a five-year contract starting at around $12 million per season when they are allowed on July 22.
Hughes averaged 22 points, 6.3 rebounds, 4.7 assists and a league-best 2.9 steals per game last season. He was named to the NBA's All-Defensive Team after helping lead the Wizards to their first playoff appearance since 1997.
The Wizards had intended to keep Hughes. But with two other stars, Gilbert Arenas and Antwan Jamison, with large salaries on the books, it is possible the Cavaliers simply out-bid them.
The Cavaliers had courted free agent point guards Ray Allen and Micheal Redd earlier this week. Redd agreed to a six-year, $90 million deal to stay with the Milwaukee Bucks. Allen decided to remain with the Seattle SuperSonics for $85 million over five years.
The Cavaliers, who still will have around $16 million to spend in free agency are believed to be focusing now on re-signing center Zydrunas Ilgauskas.