Cavs Board

So Bob Finnan wrote an article this morning that focused primarily on the Delonte West’s contract talks, but also gave exact figures on Daniel Gibson’s contract breakdown. 

Cavaliers guard Delonte West has drawn some interest around the league, but his “restricted” tag has scared off any possible suitors.
Like Cavs guard Daniel “Boobie” Gibson, West has not found any team willing to sign him to an offer sheet. Other teams figure the Cavs will merely match the offer sheet.
There are only a couple teams with enough salary-cap space to sign West for more than the mid-level exception of $5.6 million. One of them, Memphis, is not expected to use its mid-level.

The Cavs continue to negotiate a contract with West’s representatives. Sources say the two sides are not close to an agreement at this time and a couple sign-and-trades have been discussed. The Cavs definitely want him back.
If talks break down completely, West has the option of accepting the Cavs’ qualifying offer of $2.76 million. He would then become an unrestricted free agent after the 2008-09 season.
After details of Gibson’s contract have become available, West’s agents are expected to ask for more money since he’s the Cavs’ starting point guard.
Gibson received a five-year, $21 million deal. He will earn $3.7 million this season, $4,088,500 in 2009-10, $4,015,334 in 2010-11 and $4,403,834 in 2011-12. The fifth year of the contract, worth $4,792,332 in 2012-13, is reportedly not guaranteed.

Most of what Bob wrote is in line with what we’ve discussed here earlier, although as the rest of the summer plays out, I hope to be reading less definitive statements then “the two sides are not close to an agreement”.