Report: Cavaliers Made Multi-Year Offer To Isaac Okoro

According to NBA insider Brian Windhorst of ESPN, the Cleveland Cavaliers made a multi-year offer to Isaac Okoro.

Okoro is a restricted free agent. 

“The Cavs have hard-lined with another restricted free agent, Isaac Okoro,” Windhorst said. “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 camp. I think the Cavs are realizing that all the money is spent out there. Okoro has the option of taking his qualifying offer. I am told the Cavs made a multi-year offer, whatever that’s worth.”

Okoro’s qualifying offer is worth $11.8 million. He would become an unrestricted free agent next offseason if he signed the qualifying offer with the Cavaliers. 

Okoro appeared in 69 games for the Cavaliers in 2023-24. He averaged 9.4 points, 3.0 rebounds, 1.9 assists, 0.8 steals and 0.5 blocks while shooting 49.0% from the field, 39.1% from beyond the arc and 67.9% from the free-throw line. 

The Cavaliers drafted Okoro with the fifth overall pick in the 2020 NBA Draft out of Auburn. He has career averages of 8.5 points, 2.9 rebounds, 1.7 assists, 0.8 steals and 0.4 blocks in 279 games. 

As a restricted free agent, Okoro can either re-sign with the Cavaliers or sign an offer sheet with another team. Cleveland would have 48 hours to match an offer sheet for Okoro, who drew interest from the Brooklyn Nets before talks with the Cavaliers fizzled.

According to NBA reporter Evan Dammarell of ClutchPoints, it appears Okoro may have to sign his qualifying offer with the Cavaliers and bet on himself. 

“It appears that, for now, all options for Okoro in restricted free agency have been exhausted,” Dammarell reported. “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.”