Has Tristan Thompson agreed to a contract extension with the Cleveland Cavaliers? There is conflicting information.
ESPN’s Chris Broussard reported Thursday that Thompson will sign a 3-year, $53 million deal with the Cavs
NBA SOURCES CONFIRM AGENT RICH PAUL WILL HAVE TRISTAN THOMPSON SIGN A 3 YEAR – $53 MILLION CONTRACT WITH CAVS.
— Chris Broussard (@Chris_Broussard) September 24, 2015
Great deal for Tristan Thompson, who gets more than $17 mill per year. Cavs' biggest lingering question of the offseason is answered
— Chris Broussard (@Chris_Broussard) September 24, 2015
However, the Akron Beacon Journal’s Jason Lloyd refutes that report saying not only is it inaccurate, but the Cavs are not interested in such contract terms.
I've been told reports of extension for Tristan Thompson inaccurate. No deal struck, nor do #Cavs seem interested in reported 3/$53 million
— Jason Lloyd (@JasonLloydABJ) September 24, 2015
Thompson and the Cavs reportedly were $14 million apart in contract talks at last check, or nearly $3 million per year over the proposed five-year term. One of the main sticking points is that the luxury tax implications of Thompson’s potential deal with the Cavs are astronomical, meaning they would be paying much more per dollar paid to him in taxes. Thompson also has the option of taking a qualifying offer for the season and then becoming a free agent.
