Though I don't love it, I wouldn't be surprised if the Cavs matched anything up to 4 years $100 mill. I don't think Allen will get offered anything close to that, but I don't really think they'd let him walk.
Perhaps the fact that we got him for so cheap would make it easier to let him walk in that case? I don't agree with that line of thinking, since a sunk cost should be treated as such, but unfortunately these things still have a tendency to influence decisions on the future.
In terms of cap number, you'd also have to factor in #3 this year. Not sure what the raise is by year, but LaMelo was #3 last year and the second year of his contract is $8.2 mill. That'd put the Cavs at $82.8 with no Allen or Sexton. That's also making the assumption that we sign no one else in FA this year or with the MLE and we add no money via trade.
Yup, I factored that in already -- we're talking about our cap space for the 2022-23 season right? Our #3 pick this year is estimated to make $7,065,600 in the 2022-23 season (his 2nd year) according to
this link at RealGM.
According to
this HoopsHype link, on the books for that season are Love (28.94), LNJ (9.67), Osman (7.43), Garland's team option (8.92), Okoro's team option (7.04), Wade (1.93), Stevens (1.78), Kabengele (1.85), 2021 #3 pick (7.07) on the books, adding up to $74,628,959, with a projected salary cap of $115,662,992, giving us $41,034,033 of projected cap space before extending Allen. I'm a big proponent of trying to agree to a buyout with Love right now so we can put all of the money he gives back over the next two years toward our 2022-23 payroll (not sure if this is legal or not, to be honest -- with a multiyear buyout, do we get to choose how to allocate the savings over the duration of his contract?)
If we can get Jarrett extended with a 2022-23 salary of $20 mil, and get Love to agree to give back $10 mil in a buyout, then we'd still have over $31 mil in cap space, minus our draft picks next year along with the other guys we sign to fill out our roster.
And by the way, can anyone here tell me why HoopsHype is showing Garland and Okoro to both be up for their team options the same year? Was there a chance in how rookie contracts were structured in between their respective draft classes?