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Report: Cavaliers signing Jarrett Allen for $100 million over five years

Cavaliers center Jarrett Allen

CLEVELAND, OH - MAY 5: Jarrett Allen #31 of the Cleveland Cavaliers smiles before the game against the Portland Trail Blazers on May 5, 2021 at Rocket Mortgage FieldHouse in Cleveland, Ohio. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2021 NBAE (Photo by David Liam Kyle/NBAE via Getty Images)

NBAE via Getty Images

Update: Shams Charania of The Athletic:

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The Cavaliers did well to draft their center of the future – Evan Mobley – No. 3.

Now, Cleveland will apparently pay big money to incumbent starting center Jarrett Allen, too

Marc Stein:

That’s a ton of money to pay Allen without making him even first get an offer sheet in restricted free agency. But two caveats: Perhaps, the Cavs verified a large offer sheet was coming and both sides agreed to bypass the formal signing-and-matching process, ending up in a similar place without delay.* The contract might include incentives and other unguaranteed elements, making it more team-friendly.

*It’s not the same place. Offer sheets can be for just four seasons.

For now, Allen and Mobley – who needs time to add strength – can play together. But Mobley’s special skill set will probably be maximized long-term at center, not power forward.

The big question for the Cavaliers: Will Allen hold positive trade value on this contract if he and Mobley aren’t an optimal pairing? Again, it’s impossible to say without knowing exact terms. Allen is pretty good. But $100 million is an eye-popping number. Though Allen is just 23, his lob-finishing, rim-protect style carries only moderate untapped upside.

Another big, Kevin Love, is due $60,201,086 over the next two years. Not that Cleveland should give him much consideration in team-building. But it’s a complication.