Kevin Love News Today: Requested Buyout from Cavs, Sources say

Kevin Love News Today: Cleveland Cavaliers star Kevin Love has finalized a contract buyout, and the Miami Heat has positioned themselves to scoop up the last of the old Big 3 players.

The news of a buyout has given the veteran forward, Kevin Love, an opportunity to become a free agent before the league’s March 1 deadline, which will enable him to join a team of his choosing and be eligible to play in the postseason.

The Miami Heat, who is in need of a big man, have expressed interest in Love as he would fit the bill for the team’s requirements.

Love, who is 34 years old, had spent the last nine years with Cleveland Cavaliers after being drafted by the Minnesota Timberwolves in 2008.

Kevin Love News Today: Requested Buyout from Cavs, Sources say

During his six seasons with the Timberwolves, Love had an impressive record of averaging 19.2 points, 12.2 rebounds, and 2.5 assists, which led to him earning three All-Star game appearances and the Most Improved Player award in the 2010-11 season.

In 2014, the Cleveland Cavaliers acquired Kevin Love in a three-team trade just as LeBron James had returned to the Cavaliers from the Heat, with the hope of winning their first championship.

Love was a key player in the team’s Big 3, alongside Kyrie Irving, which led them to victory and brought home the 2016 NBA championship, overcoming a 3-1 Finals deficit against the Warriors.

Kevin Love News Today

Following the championship, Love earned back-to-back All-Star nods in 2017 and 2018, maintaining an average of 15.7 points, 9.2 rebounds, and 2.2 assists with the Cavaliers.

Even after James left for the Lakers in 2018, Love remained with the team on a four-year, $120 million extension, and he is currently in the last year of that deal, earning $28.9 million.

Kevin Love’s role on the Cleveland Cavaliers’ roster has been reduced as the team has undergone a major overhaul in recent seasons. Due to a thumb injury earlier this season, Love’s playing time was limited to just 20 minutes per game, with him only averaging 8.5 points.

The recent decision to pull Love from the Cavaliers’ rotation has signaled the team’s intent to part ways with him, which has paved the way for a contract buyout. This buyout will provide Love with the opportunity to join a new team, where he will have the chance to play a more significant role and contribute to their success.

Kevin Love Contract Extension

The Cavaliers’ 2016 championship team is incomplete without Love. James extended his contract with Los Angeles for four years and $120 million in 2018, shortly after leaving for Los Angeles. As part of his final year of that contract, he will earn $28.9 million this season.

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People also ask (FAQ’s) about Kevin Love Contract Extension

How much longer is Kevin Love contract?

With the Cleveland Cavaliers, Kevin Love signed a four-year, $120,402,172 contract, with $120,402,172 guaranteed, and an annual average salary of $30,100,543.

Is Kevin Love a free agent in 2022?

As such, Love’s contract expires in 2022-23, and he will become an unrestricted free agent after next season. As such, he is theoretically a potential trade asset, and will earn $28.9 million in that capacity.

Is Kevin Love going to be a free agent?

As Kevin Love’s contract with the Cleveland Cavaliers expires next summer, he will be an unrestricted free agent. In the offseason, there may be a lot of interest in the 34-year-old forward, who is a decent bench player.

What is Kevin Love’s contract?

As Love’s four-year, $120 million contract expires after this season, there has been speculation he might be traded to clear salary-cap space by using his deal ($28.9 million). Love is currently in Cleveland since that didn’t happen.

What is Kevin Love’s annual salary?

$31.26 million

Is Kevin Love leaving the Cavs?

He will likely wear Cleveland’s jersey for the last time. According to multiple sources, Love and the Cavs are finalizing a buyout over the All-Star break. The way things ended is unfortunate.

Kevin Love Net Worth 2023

As of my knowledge cutoff date of September 2022, Kevin Love’s estimated net worth was $110 million according to Celebrity Net Worth. However, it is important to note that this information is subject to change and may not reflect his current net worth as of 2023. Additionally, net worth estimates are based on publicly available information and may not be completely accurate. Wikipedia Biography