Collin Sexton and the Cleveland Cavaliers have not yet agreed on a new contract. There have been reports that the No. 8 selection in the 2018 NBA Draft is seeking an enormous deal for approximately $80 million, but it seems that the Cavs are unable to commit to such a large sum of money for the young guard.
It has been claimed that Sexton is disappointed with the team’s current offer. With no serious suitors in sight, the restricted free agent has been on the market for close to a month.
Reports stated that he had hoped for a $20 million annual agreement before the season started. Not one of them has come to fruition.
Cavaliers make three-year offer to Sexton
According to Chris Fedor of Cleveland.com, the Cavaliers have made an offer to keep Sexton, but he is unlikely to take it. This was discussed on the Wine & Gold Talk Podcast. Fedor claims that Cleveland have made an offer worth around $40 million over the course of three seasons.
Although Sexton would be compensated more than the mid-level exemption under such an agreement, his salary would still be far below the average for point guards. At $13.3 million annually, he would be the 30th highest-paid point guard in the NBA, behind stars like Markelle Fultz and Tyus Jones.