It has been over a week since news of free agent center Andrew Bynum’s decision to join the Cleveland Cavaliers on a partially guaranteed incentive laden two-year deal potentially worth $24 million. Bynum is to be introduced to Cleveland on Friday morning according to Jason Lloyd of the Akron Beacon Journal.
“The deal, as previously reported, includes just $6 million guaranteed for this season.”
The original press conference was rescheduled from Thursday to accommodate a potential waiver claim on the HEAT’s Mike Miller and to finalize details in the contract language.
“The lapse in time between Bynum’s decision last week and today’s official announcement was for a variety of reasons, particularly the language that had to be written into the contract to protect the team and the 5 p.m. Wednesday amnesty waiver claim deadline.”
The Cavaliers are still well below the NBA Salary Cap pending the signing of draft picks Anthony Bennett, Sergey Karasev and Carrick Felix. They had money to risk this season and they used it on perhaps the highest risk highest return player available in the NBA.
Bynum isn’t even a risk from a wins and losses standpoint on the court. The Cavaliers have Anderson Varejao returning from injury and last year’s rookie Tyler Zeller available to backup the center position. If Varejao returns healthy this season, Cleveland should be battling for a playoff spot with or without Bynum.