The Cleveland Cavaliers have made a multi-year offer to restricted free agent Collin Sexton, according to Chris Fedor of Cleveland.com.
"I’m told that it is close to $40 million in total money, so think of like a three-year, $40 million deal," Fedor said on the Wine and Gold Talk Podcast. "It’s way less than what Collin initially wanted. I don’t know that it’s the kind of deal that Collin and his camp would be willing to take."
The Cavaliers feel that their offer is reasonable considering Sexton "has no market and no other offers."
"So they’re sitting here saying, 'Hey, look, we’ve given you what we consider a reasonable multi-year offer. If you’re interested in it, it’s yours. If you’re not interested in it, then go find one that’s better.'"
Two weeks ago, a Cavs source told our Spencer Davies that "the two sides will either reach an agreement or, at worst, Sexton will sign for the qualifying offer." The latter option would allow Sexton to earn $7.2 million next season with the Cavs and then enter unrestricted free agency next summer.
Sexton played just 11 games last season before tearing the meniscus in his left knee. Prior to the injury, he averaged 16.0 points, 3.3 rebounds and 2.1 assists on .450/.244/.744 shooting splits. The year before, Sexton played the best basketball of his career, contributing 24.3 points, 4.1 assists, 3.1 rebounds, 1.6 threes and 1.0 steal per game on .475/.371/.815 shooting splits.