Before the Minnesota Timberwolves traded Kevin Love to the Cleveland Cavaliers on Saturday afternoon there were reports suggesting that the All-Star power forward had agreed on a five-year contract extension.
The rumored extension became the talk of the NBA world during the past few weeks as the alleged chatter would have been illegal and would have been grounds for the league to prevent the deal, assuming they could prove the talks to be true.
However, according to Jason Lloyd, Kevin Love couldn’t even sign such a contract extension with the Cavaliers currently as the Collective Bargaining Agreement (CBA) wouldn’t allow it.
It was reported a few weeks ago that Love has already agreed to a five-year extension in Cleveland, but that type of contract isn’t possible under the current collective bargaining agreement and it’s difficult to envision Love committing to Cleveland for more years than James is officially on the books.
Lloyd brings up a good point. The last thing Kevin Love wants to do is commit himself to being in a long term situation without the assurance that LeBron James will be right by his side. That’s not to say he won’t sign a multi-year extension, but he may decide to play things like James and sign a big deal with the Cavs once the new CBA is released.
For now though, there is apparently no five-year deal as it’s not allowable by the CBA.
Love is signed through the upcoming season and has a $16.7 million dollar player option for the 2015-16 season.