Jarrett Allen and the Cleveland Cavaliers have agreed to a three-year, $91 million contract extension. The contract is the maximum Allen was allowed to sign with the Cavaliers at this time. Allen is now under contract for $131 million over the next five seasons. Allen is represented by Jim Tanner and Derrick Powell.
Allen previously re-signed with the Cavaliers as a free agent in 2021 on a five-year, $100 million deal. The Cavaliers have also signed Donovan Mitchell and Evan Mobley to contract extensions this offseason.
In 77 games last season, Allen averaged 16.5 points, 10.5 rebounds, 2.7 assists and 1.1 blocks in 31.7 minutes.
Luke Kennard and the Memphis Grizzlies have agreed to a one-year, $11 million contract. Kennard averaged 11 points and 3.5 assists while shooting 45 percent on three-pointers for the Grizzlies last season.
The Grizzlies acquired Kennard from the LA Clippers at the trade deadline in 2023.
Kennard is represented by Steven Heumann, Aaron Mintz and Dave Spahn.
The purpose for Team USA is to win Olympic Gold. A secondary outcome from whenever players get together to play for the United States is planting the seeds for future partnerships. Countless NBA duos and trios have been formed out of players having fun as teammates for Team USA and seeking to carry that back to their day jobs.
This summer, an inseparable duo has been Kevin Durant of the Phoenix Suns and Anthony Edwards of the Minnesota Timberwolves. ESPN’s Brian Windhorst reported that Edwards has been following Durant around like a big brother while in France. ESPN’s Tim Bontemps shared that it was the same in Olympics training camp in Las Vegas early in July.
There are no indications that any sort of NBA team-up is in the future for the Wolves star and the Suns star. Both players are on multi-year contracts, and both Minnesota and Phoenix are second-apron teams who are restricted in what moves they can make. There’s also a nearly 13-year age gap between the All-Stars.
Edwards has been outspoken of his admiration for Durant. The two were famously spotted talking trash to each other as the Timberwolves dispatched the Suns during the first round of the 2024 NBA Playoffs.
