Cavaliers signing Kevin Pangos to two-year, $3.5M contract
As the NBA offseason has quieted, the Cavaliers are the only team in the last two weeks to give a free agent more than a minimum salary.
First, they acquired Lauri Markkanen ($67 million) in a sign-and-trade.
Now, they’re signing Kevin Pangos.
Bobby Marks of ESPN:
Pangos’ minimum this season was $925,258. He’ll also apparently earn more than his minimum next season ($1,563,518), as a $1.83 million salary would bring him to $3.5 million total.
Since going undrafted out of Gonzaga in 2015, Pangos – a Canadian – has been playing overseas. The 28-year-old has become one of the better players in Europe/Russia. He’s a solid shooter and distributor.
Consider this the latest indicator the Cavs don’t plan to use Collin Sexton, who has become more of a shooting guard, at point guard… if they even keep him.