So much for the Cleveland Cavaliers tearing down their entire roster for a post-LeBron era rebuild. The team has apparently committed to a rebuild on the fly by signing Kevin Love to a four-year, $120 million extension that will keep him around until 2023.
ESPN’s Adrian Wojnarowski notes in total Love’s contract is worth $145 million counting the $24 million he was due to make in 2018:
ESPN reporting with @WindhorstESPN: Cavaliers forward Kevin Love has signed a four-year, $120 million contract extension — topping out his overall deal at five-years, $145 million, league sources tell ESPN.
— Adrian Wojnarowski (@wojespn) July 24, 2018
Windy reports Love didn’t take the full max and actually has his salary decrease in the final year when Cavs fans will likely be dreading his contract/eroded play:
Kevin Love's extension (4 years) is at the max salary in 2019-20 and '20-21, then no raise in '21-22 and then decreases in '22-23. Took about $8M less than his full max, according to sources
— Brian Windhorst (@WindhorstESPN) July 24, 2018
To say the contract signing was awkward would be an understatement as K-Love signed his new deal for millions in front a bunch of construction workers inside The Q:
5-time @NBAAllStar Kevin Love & Cleveland Cavaliers’ General Manager Koby Altman officially sign Love’s new 4-year contract extension with the #Cavs inside @TheQArena construction zone.#FOX8#WhateverItTakes pic.twitter.com/t9TUCGbBfp
— Nicholas A. Kovach (@TheKovach) July 24, 2018
Love took to Instagram to hype up Cavs fans with six words:
Cleveland. Thank You. Let’s get it.
We’re guessing the “it” he’s talking about here is an eight seed because the only other players of note on this roster are Collin Sexton, Kyle Korver, George Hill, Jordan Clarkson, and Larry Nance.