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Rodney Hood’s stock bottomed out down the stretch of the regular season and for the vast majority of the playoffs.
However, according to a report, the Cleveland Cavaliers are intending to keep the restricted free agent. Cleveland extended a $3.4 million qualifying offer to him, which made him a restricted free agent July 1.
Sean Deveney of the Sporting News writes in a report that it’s the Cavaliers’ intention to match any offer the 25-year-old left-hander receives, regardless of where LeBron James plays next season.
Deveney mentions the Chicago Bulls as a potential suitor for Hood, who averaged 16.8 points per game before being traded to Cleveland on Feb. 8. Chicago would be in the market for another swingman should negotiations with shooting guard Zach LaVine go south.
“Both the Cavaliers and Hood, the source said, are braced for the possibility that Hood will sign the one-year qualifying offer, which allows him to become an unrestricted free agent next summer, with the hope of rebuilding his value this season,” Deveney writes.
“That will be the case even if LeBron James stays with the Cavs, which is looking increasingly unlikely,” he continued. “Should James depart, Hood would likely be the team’s No. 2 option, behind forward Kevin Love — unless, of course, Love is also dealt.”
As was reported previously, Deveney writes the Cavaliers are not involved in talks to move Love.
“But as things stand, the Cavs have had no discussions about moving Love, and they could have a Hood-Love combo as the centerpiece of their post-LeBron existence,” he said.