Almost immediately on the heels of dealing Brendan Haywood’s Contract and Mike Miller (along with two future second round picks) to the Trailblazers for trade exceptions, the Cavs agreed to re-sign backup point guard, resident pest to opposing teams, and regional cult hero Matthew “The Wombat” Dellavedova.
According to ESPN, Delly, a restricted free agent, accepted the team’s qualifying offer and will return on a one-year deal worth approximately $1.2 million. And though initial reports suggested that the move would allow Delly will become an unrestricted free agent next summer, because he’s still in his first four years, the Cavs will still have the ability to match any offer he receives.
At the beginning of the off-season, Delly was said to be looking for a multi-year deal that started around $4 million. But given the Cavs’ cap situation, The Wombat decided to bet on himself with the QO, and let his play garner him a bigger payday next year. The question remains if he’ll get a chance to do so… (more…)