Cleveland Cavaliers plan to sign Wiggins this week

Andrew Wiggins (Kansas) walks off the stage after being selected as the number one overall pick to...

Andrew Wiggins (Kansas) walks off the stage after being selected as the number one overall pick to the Cleveland Cavaliers in the 2014 NBA Draft at the Barclays Center. (Brad Penner-USA TODAY Sports)

THE SPORTS XCHANGE

, Last Updated: 10:49 AM ET

The Cleveland Cavaliers plan to sign No. 1 overall draft pick Andrew Wiggins to a contract this week, according to ESPN.com.

The delay in signing the rookie shooting guard is reportedly not related to speculation that the team may trade him to the Minnesota Timberwolves for All-Star power forward Kevin Love.

Instead, the Cavaliers have been looking for ways to use their remaining $1.4 million in salary cap space before signing Wiggins to a contract that will pay him about $5.5 million this season.

The Cavaliers and Timberwolves have been in talks about a trade involving Wiggins and Love since star forward LeBron James decided to return to Cleveland.

However, NBA rules dictate that once Wiggins is signed, the Cavaliers must wait at least 30 days before they can trade him.

The Cavaliers want to use their remaining cap space to sign their second-round picks, guard Joe Harris and forward Dwight Powell, and then sign Wiggins. If they sign Wiggins first, they will not have the cap space to sign the other players.

Cleveland can then use its $2.7 million "room" exception to sign free agent forward Mike Miller to a two-year, $5.6 million deal. The Cavaliers also want to bring in free agent shooting guard Ray Allen to for the $1.4 million veteran's minimum contract.

 


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