Cavs backup point guard Mo Williams is considering retiring as an NBA champion, multiple sources tell Cleveland.com.
Looming over Williams’ decision is the possibility of the Cavs waving him to alleviate some of their luxury tax burden next season.
The 13-year veteran has one more year on his current deal, in which he’s set to make $2,194,500 in 2016-17.
More from Cleveland.com:
Mo Williams could be in his last week as a member of the Cavaliers.
Williams, 33, a 13-year veteran and former All-Star who played a supporting role in the Cavs’ 2016 NBA championship, is strongly considering retirement, multiple sources told cleveland.com.
Additionally, the “stretch” deadline in the NBA is approaching, which means that if a player is waived by Aug. 31 (Wednesday), the team can spread his salary out over a period of years — which could lessen the luxury tax penalty Cleveland owner Dan Gilbert will have to pay next summer.
