Jun 10, 2014; Miami, FL, USA; Miami Heat guard Ray Allen (34) reacts during the fourth quarter of game three of the 2014 NBA Finals against the San Antonio Spurs at American Airlines Arena. Mandatory Credit: Steve Mitchell-USA TODAY Sports

NBA rumors: Ray Allen may retire

Veteran NBA guard Ray Allen is still available on the free agent market and he has been drawing interest from a handful of teams including the Cleveland Cavaliers.

However, there hasn’t been much progress made in contract talks.

Many believed that Allen would join the Cavaliers after LeBron James committed to return to the team and signed a two-year, $42.1 million deal, but there is an interesting reason for why Allen has been hesitant to sign a deal.

According to Marc Spears of Yahoo, that reason is because Ray Allen is considering retirement.

Spears writes:

If Allen retires, it will have been a great career that provided many exciting moments on the court.

But if Allen ultimately decides to resume his career in the NBA, the Cavaliers would have to be considered among the favorites to land the veteran shooting guard.

Be sure to stay tuned to FanSided.com throughout the remainder of the NBA Free Agency period for the latest news, rumors and signings from around the league.

Tags: NBA Ray Allen

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