CLEVELAND — Cavaliers center Jarrett Allen has agreed to a $100 million, five-year contract to remain with Cleveland, a person familiar with the negotiations told The Associated Press on Monday as free agency opened.
Allen, who was a restricted free agent, can sign the deal on Friday, said the person who spoke on condition of anonymity because NBA rules prohibit teams from announcing deals until the league’s moratorium period ends.
Allen joined the Cavs last season, coming over from Brooklyn in the blockbuster trade that sent James Harden from Houston to the Nets. The 23-year-old averaged 12.8 points and 10 rebounds in 63 games for Cleveland.
The Cavs made signing Allen a priority this off-season, and the club was prepared to match any offers.
The easy-going 6-foot-11 big man is viewed as one of Cleveland’s young foundational pieces. The Cavs are anxious to pair him up front with Evan Mobley, who was drafted third overall last week.
Allen spent three-plus seasons with the Nets, who selected him No. 22 overall in 2017 out of Texas.
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