The Cleveland Cavaliers have made history as they are the first team to utilize the ‘delayed stretch’ plan to pay former player Ricky Rubio . The new Collective Bargaining Agreement has allowed teams to now stretch the salary they are paying to a waived player. The Cavs and Rubio mutually agreed on a contract termination at the beginning of 2024.
The NBA got the first "delayed stretch" of a waived player. Under the new CBA, a team can elect to stretch dead money on their books. The Cleveland Cavaliers took the ~$1.
3M in dead money for Ricky Rubio and turned it into three years of dead money at ~$425K per season. Cavs..
. — Keith Smith (@KeithSmithNBA) September 3, 2024 Cavs Make History with Latest Contract Move Rubio’s Time As A Cavalier Ricky Rubio was endeared to the Cavaliers’ faithful during the 2021-22 season. Rubio played 34 games with the team before tearing his ACL in late 2021.
However, despite his injury, during the time he played, Rubio averaged a career-high in points at 13.1. Additionally, the Spaniard notched 6.
6 assists, 4.1 rebounds, and 1.4 steals per game as he led a young Cavs team to playoff contention.
During his injury, Rubio was dealt to the Indiana Pacers in a move that helped Cleveland land Caris LeVert . But, when Rubio’s contract expired in the summer of 2022, he returned to Cleveland on a three-year, $18.4 million dollar deal.
Rubio returned from his injury in early 2023 but never reached the level he was at pre-injury . “It was all s.