Smith was waived by Cleveland on Monday, Shams Charania of The Athletic reports. As expected, Cleveland has elected to waive Smith prior to Monday's 5 p.m. ET waiver deadline. According to Charania, the Cavaliers were trying to find a suitor for Smith up until the deadline, but they were unable to do so. He'll now head to the open market after spending the last five seasons with the Cavs.
The Cavaliers are expected to waive Smith on Monday, Chris Fedor of Cleveland.com reports. Unless the team is able to execute a late trade, the Cavaliers will part ways with Smith before the $15.68 million remaining on his salary becomes fully guaranteed July 31. According to Bobby Marks of ESPN.com, Smith's salary protection would increase from $4.37 million to $5.12 million if he isn't waived or traded by Monday, which offers further incentive for the Cavaliers to expunge him from the roster Monday rather than waiting another two weeks. Smith played in only 11 games in 2018-19 after it became apparent that he wouldn't receive a regular spot in the rotation while the rebuilding Cavaliers assessed some of the younger wings on their roster. Once he becomes a free agent, the 33-year-old could look to find a home with a contending club on a deal for the veteran's minimum.
The Cavaliers have no intention of buying Smith out of the remainder of his contract this season and will resume shopping him via trade in June, Joe Vardon of The Athletic reports. Vardon's report essentially rules out the possibility of Smith contributing with any other team in 2018-19, as a buyout would be the swingman's only avenue to landing elsewhere. The Cavaliers have already parted ways with Smith and don't plan to welcome him back to the team even in the event of a string of injuries, so he'll remain inactive for the rest of the season. The Cavaliers' pre-deadline acquisitions of Brandon Knight and John Henson give the team little financial flexibility for the rest of the season, prompting the front office to wait to officially move on from Smith until the summer, when ditching his contract becomes less punitive. Smith is owed $15.8 million in 2019-20 -- the final year of his contract -- but would only cost the Cavaliers $3.9 million if he's waived or traded by June 30.
Smith is no longer with the Cavaliers and will likely be traded, Joe Vardon of The Athletic reports. Smith will work out on his own while the team works to trade him, which means he will not participate in any practices nor play in any games until that happens. Smith had recently re-entered the rotation after being told the Cavaliers would focus on playing their younger players, but the losing culture the team is adopting this season is clearly something he doesn't want to be a part of. Smith's shooting ability makes him an intriguing player for contending teams to go after, but his lucrative contract likely means the Cavaliers won't get a great return in a trade.
Smith will come off the bench Monday against the Pistons, Keith Langlois of the Pistons' official site reports. After starting the previous four games, Smith will return to a bench role as Cedi Osman rejoins the starting lineup in his place. Smith is averaging 6.3 points, 1.5 rebounds and 1.3 assists across 16.3 minutes per game as a reserve this season (six games).
Last 7 Games
|3 Year Avg||66||239||39.8||147||38.0||31||66.0||656||9.94||1089|