Dec 21, 2024; Cleveland, Ohio, USA; Cleveland Cavaliers guard Ty Jerome (2) celebrates after hitting a three point basket during the second half against the Philadelphia 76ers at Rocket Mortgage FieldHouse. Mandatory Credit: Ken Blaze-Imagn Images / Ken Blaze-Imagn Images

The Cavs are above the salary cap and the second apron, but they could’ve matched that contract. Cleveland had Jerome’s early Bird right, which would’ve allowed them to sign Jerome to a multi-year deal with the first being up to $14.

CLEVELAND, Ohio (WKBN) – ESPN’s Shams Charania is reporting that former Cleveland Cavaliers guard Ty Jerome has agreed to terms on a free agent deal with the Memphis Grizzlies. According to the report, it is a three-year deal worth $28 million.

The Cavaliers are bringing back Luke Travers on a two-way contract, according to the NBA transactions log (via HoopsRumors’ Dana Gauruder). Travers, 23, is 6-foot-8 and spent most of his rookie season with the Cleveland Charge of the G League,

Nance has historically been effective from two-point range, but his success with the Cavs suggested a new element to his game. His last two seasons with Cleveland were the only ti