For what it's worth -- I live next to Bruce Drennen

[RichOne]

acording to yahoo cavs have offered contract already..

link
http://sports.yahoo.com/nba/news?slug=fanball-bucksreddreceivestwo&prov=fanball&type=lgns



Bucks: Redd receives two max offers

by Fanball Staff - Fanball.com
Saturday, July 2, 2005

News
Guard Michael Redd has received two max contract offers, one from his existing team, the Bucks, and one from his hometown team, the Cavs. According to ESPN.com's Marc Stein, Redd has a six-year offer from Milwaukee for an estimated $80-90 million and a five-year deal on the table from Cleveland for an estimated $60-70 million. Under the new collective bargaining agreement, Redd's existing team can offer an additional year.

Views
Leaving an extra $20 million on the table would be significant, but $60-70 million and a spot alongside LeBron James is nothing to sneeze at. Redd's value is probably at its highest in Milwaukee where he runs the show, rather than as LeBron's wingman, but James dishes with the best of them and commands a lot of attention. We'll keep you posted on Redd's decision.

 

[Mac]

Stein also reported that the Cavs may have an opt out option after three years so he can cash in sooner on his next max deal.