When Tyronn Lue took over the Cleveland Cavaliers’ head coaching job, he never signed on as the team’s coach. Instead, he was still under his assistant coach contract, a four-year, $6.5 million contract.
As Dave McMenamin of ESPN noted in an April article, Lue bet on himself by not signing the three-year $9.5 million contract that was offered to him.
Chris Haynes of Cleveland.com is now reporting that the Cavs and Lue are working on a head coaching contract extension
Head coach Tyronn Lue and the Cleveland Cavaliers have begun conversations on negotiating a contract extension, league sources informed cleveland.com.
Both sides are confident that a pact can be reached relatively soon.
Lue led his team to an NBA Championship after taking over mid-season. Now, he’ll have a chance to coach his team through the summer league, training camp, and all 82 games of the regular season.
Haynes also notes that Lue is expected to earn more than Raptors coach Dwane Casey, who just signed a 3-year, $18 million deal with Toronto.