But the Cavs are prepared to make Allen an offer in the range of $100 million, per Marc Stein.
The Cavaliers are preparing an offer in the five-year, $100 million range to center Jarrett Allen, league sources say. Strong signals that Cleveland will re-sign the RFA Allen to pair him with Evan Mobley.
Two hours to go before free agency. More from me: https://t.co/A6ycVm5PUQ
— Marc Stein (@TheSteinLine) August 2, 2021
Allen will be a restricted free agent after receiving a qualifying offer from the Cavs. So that means Cleveland will have the right to match any offer he receives from a rival club.
Per Charania, Allen and the Cavs have a mutual interest in an Allen return. There’s a possibility the Cavs could sign Allen before another offer ever comes.
An interesting side note to all this is the Raptors have tried to trade for Allen in the past, Charania noted. That’s something the Cavs were able to do successfully this past season — as Allen was acquired in the multiteam trade early centered on star guard James Harden and the Nets.
Allen’s arrival eventually resulted in the benching and contract buyout of fellow center Andre Drummond.
Allen averaged 13.2 points, 9.9 rebounds and 1.5 blocks in 51 games with Cleveland. He very well could be retained even if the Cavs should use the No. 3 pick on USC’s Evan Mobley, whose best position is center, one team executive told Hoops Wire.
Meanwhile, the Raptors could potentially lose center Khem Birch, an unrestricted free agent. Either way, they will be looking to shore up the position.
The Hornets, Mavericks, Kings, and Timberwolves are among others expected to pursue Allen.
“Re-signing him to a long-term deal is an offseason priority and in anticipation of leaguewide interest, members of the front office have sent clear signals about a willingness to pay to keep him in Cleveland,” wrote Chris Fedor of Cleveland.com.