AP source: Cavs, Jarrett Jack agree to 4-year deal
CLEVELAND (AP) — A person familiar with the negotiations says the Cleveland Cavaliers and free-agent guard Jarrett Jack have agreed to a four-year contract.
The person, who spoke to The Associated Press on Saturday on condition of anonymity because the agreement has not yet been announced, says Jack’s deal is worth $25 million and includes a team option in the final year.
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Teams must wait until July 10 to announce any signings during the NBA’s free agency period.
The 29-year-old Jack averaged 12.9 points and 5.6 assists this season for Golden State. The Warriors renounced their rights on Jack, a restricted free agent, earlier this week.
Jack also has played for Portland, Indiana, Toronto and New Orleans. He helped the Warriors go from a 23-43 team during the lockout-shortened season to a 47-35 record this year.