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Isaac Okoro agrees on three-year deal to stay in Cleveland

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Adrian Wojnarowski: Restricted free agent F Isaac Okoro has agreed on a three-year, $38 million deal to stay with the Cleveland Cavaliers, Michael Tellem, Jeff Schwartz and Marcus Monk of @excelbasketball tell ESPN. Okoro — the fifth overall pick in 2020 — averaged 9.4 points a season ago.

Source: Twitter @wojespn

More on this storyline

Brian Windhorst: Isaac Okoro I think there's only been a little bit of talking back and forth. I'm sure it will increase as we get closer to training camp. The Cavs are realizing that all the money is spent out there. Okoro has the option of taking his qualifying offer. I I am told the Cavs made a multi-year offer, whatever that's worth, so it's kind of a no-brainer they would make a multi-year offer. -via YouTube / August 24, 2024

Sources have confirmed with ClutchPoints the initial reporting that while restricted free agent forward Isaac Okoro and the Brooklyn Nets were interested in a deal, things didn't get far. If something were to have happened between Okoro and Brooklyn, then Cleveland would've likely gotten back Dorian Finney-Smith in a sign-and-trade deal that would've sent Okoro to the Nets. However, a deal probably won't happen now with things dragging on through free agency, especially with the Nets and Cavs dealing with tight financial margins. -via Clutch Points / August 12, 2024

It appears that, for now, all options for Okoro in restricted free agency have been exhausted. With that in mind, sources across the league have expressed to ClutchPoints that Okoro will pick up his $11.8 million qualifying offer from Cleveland. From there, Okoro is more or less betting on himself next season, which could be his last with the Cavs. -via Clutch Points / August 12, 2024

This article originally appeared on Hoops Hype: Isaac Okoro agrees on three-year deal to stay in Cleveland