Cavaliers waive Smith after eventful tenure
CLEVELAND – J.R. Smith’s never-adull-moment run with the Cavaliers is over.
Cleveland released the colorful shooting guard Monday before his $15.6 million contract for next season became guaranteed. The Cavs had been trying to trade Smith for months, but the team was unable to find the right deal even after he agreed to extend his guarantee date from June 30 to July 15.
By waiving Smith, the Cavaliers will open salary-cap space and will move under the luxury tax threshold for next season. The 33-year-old played in just 11 games last season after he stepped away from the team in hopes of being traded or released. It was a mutual decision because he wasn’t happy with his role and the Cavaliers didn’t want him to be a negative influence on their young players.
Once he clears waivers, Smith will be a free agent and can sign anywhere. Last week, Smith said he wasn’t finished playing and smiled when asked if it’s been strange not being part of a team for the past eight months.
“Technically my whole career’s been in limbo, so this is easy for me,” he said before playing in the All-star Celebrity Softball Game.
Smith’s release ends an interesting tenure with the Cavaliers, who acquired him in a trade from the New York Knicks in 2015.
He was both loved and loathed by Cleveland fans, who were never quite sure what he might do on or off the floor.
One of the NBA’S most accurate 3point shooters, Smith played a vital part in Cleveland winning the 2016 championship, ending a 52-year title drought for the city’s three major sports teams.