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The Cleveland Cavaliers gave up the JR Smith guard Monday before his contract for next season was guaranteed, allowing him to become a free agent once he canceled the waivers.
A meeting with former teammate LeBron James does not seem to be on the horizon. According to sources, Adrian Wojnarowski of ESPN, the Los Angeles Lakers are an unlikely destination.
The Cavs are looking to trade Smith since November as only part of his $ 15.6 million salary for next season is guaranteed. The team reached an agreement with Smith to extend the date of its guarantee from June 30 to July 15, increasing its guarantee from $ 3.9 million to $ 4.4 million, but without reaching an agreement.
By giving up and stretching the guaranteed money, the Cavs will go below the luxury tax for the 2019-2020 season.
Smith, 33, played only 11 games last season and agreed to leave the team in November to wait for an exchange or release. The 15-year-old is a 3-point shooter with 37% career.
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