Jim Paxson's tenure with the Cavaliers has had its peaks and valleys as the franchise endured a hard rebuilding process.
The Cavaliers senior vice president and general manager will be around, though, to see if his long-term plans pay off. According to a league source, the team has rewarded Paxson with a contract extension, which is expected to be announced by team owner Gordon Gund this morning.
Terms of the deal were not immediately known.
Paxson, a Dayton native and former NBA All-Star, took over for Wayne Embry in 1998 and was about to begin the final guaranteed year of his contract.
Paxson's credits include trading Shawn Kemp with $75 million remaining on his contract and unloading Bobby Sura's deal to help free salary space.
His sign-and-trade deal with Chris Gatling and Miami in 2001 produced a diamond-in-the-rough Ricky Davis. His decision to pick Andre Miller with the No. 8 pick in 1999 proved wise, and the early returns on the 2002 draft with Dajaun Wagner and Carlos Boozer have been positive.
Via Akron Beacon-Journal
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Second-round draft choice Jason Kapono signed a contract with the Cavaliers yesterday, although the terms of the deal were not released.
Kapono, a 6-8 forward from UCLA, was the 31st player taken in the 2003 draft. He was the first player in UCLA history to be named MVP in each of his four seasons and the only player to lead the team in scoring each of those seasons. In 11 summer league games with the Cavaliers, Kapono averaged 8.2 points in 22.6 minutes per game.
"Jason is a proven scorer who has shown he can knock down perimeter shots," Cavaliers General Manager Jim Paxson said. "We feel he shows great potential and will grow to become a very effective player in this league."
Via Cleveland Plain Dealer
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Jul 30, 2003 10:18 PM EST
The Cleveland Cavaliers have signed Jason Kapono to a contract, it was announced today by Jim Paxson, Senior Vice President and General Manager. Per team policy, terms of the contract were not disclosed. Kapono was the second round (31st pick overall) selection of the Cavaliers in the 2003 NBA Draft.
Kapono, 6-8, finished his college career ranked third on UCLA’s all-time scoring list with 2,095 points. He was UCLA’s first four-time All-Pac-10 honoree and the only player in history to lead the Bruins in scoring four straight seasons. In 127 career contests, Kapono compiled averages of 16.5 points and 5.1 rebounds per game while shooting .469 (699-1491) FG% and 44.6% (317-710) from three point range.
"Jason is a proven scorer who has shown he can knock down perimeter shots. We feel he shows great potential and will grow to become a very effective player in this league," Paxson said.
Via nba.com
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Cavaliers Jul 2003 Archive
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Boston Herald | Jul 30, 2003
Jumaine Jones was tossed into a kind of NBA limbo - the sort that no player who has experienced life at the top can appreciate - two years ago.
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Akron Beacon-Journal | Jul 29, 2003
The Cavaliers failed to trade Jumaine Jones a year ago and didn't even plan to offer him a contract this summer.
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Rocky Mountain News | Jul 29, 2003
Want to give an early Christmas present? How about tickets to see LeBron James?
The NBA's 2003-04 schedule will be released today, and league sources said Monday the one visit to the Pepsi Center by James, the high-school phenom drafted No.
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Associated Press | Jul 28, 2003
The Cleveland Cavaliers say they have agreed to a three-player trade with the Boston Celtics.
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Akron Beacon-Journal | Jul 28, 2003
LeBron James' first pro game will be in Sacramento against the Kings and his first home game will be against friend Carmelo Anthony and the Denver Nuggets, according to league sources.
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Lorain Morning Journal | Jul 28, 2003
The Cavaliers are expected to host the Denver Nuggets in the home opener this season, pitting not only the two worst teams in the league last year, but also perhaps the two top rookies.
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Cleveland Plain Dealer | Jul 23, 2003
Maybe the Cavaliers should send Ricky Davis a thank-you note for persuading free-agent forward Ira Newble to join the team yesterday.
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Associated Press | Jul 21, 2003
Forward Ira Newble is expected to sign with the Cleveland Cavaliers on Tuesday, providing much-needed depth to the team's frontcourt.
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Baltimore Sun | Jul 21, 2003
Sometimes if you didn't know better, you would swear that LeBron James is further ahead on the basketball curve than he is letting on.
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Akron Beacon Journal | Jul 21, 2003
Whistling bars from Home On The Range and skipping toward the team bus, the Cavaliers called it a summer camp Sunday.
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Globe & Mail | Jul 21, 2003
With all the wisdom and 360-degree world view of an 18-year-old who was driving a Hummer before he graduated from high school and had a $90-million (U.
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Willoughby News-Herald | Jul 19, 2003
The Cavaliers are going to get up close and personal with Ira Newble today.
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Cleveland Plain Dealer | Jul 18, 2003
Kevin Ollie didn't pause, didn't stop to scour his memory for all nine NBA teams when someone asked him to rattle off all the places he has played in the last six years.
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Cleveland Plain Dealer | Jul 18, 2003
The prayers of thousands of fans at the UMass-Boston Clark Athletic Center were answered yesterday when the LeBron James summer tour arrived in time for the game between the Cavaliers and the Dallas Mavericks.
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Atlanta Journal-Constitution | Jul 18, 2003
Free-agent swingman Ira Newble said Thursday the Hawks "are out of the picture," and he will choose between signing with the Memphis Grizzlies or Cleveland Cavaliers as soon as today.
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Daily Herald | Jul 18, 2003
Scottie Pippen told Bulls general manager John Paxson Thursday he would like to spend the weekend pondering his free-agent options.
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Toronto Star | Jul 18, 2003
The Raptors have filled two glaring holes in their roster and will dip into the NBA free agent pool for another big man as early as today.
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Medina Gazette | Jul 18, 2003
The Cavaliers are expected to officially announce the signing of veteran point guard Kevin Ollie today, but they've made no contract offer to free agent Eric Piatkowski.
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nba.com | Jul 16, 2003
The Toronto Raptors announced Wednesday they have signed free-agent forward Jerome Moiso (mo-EE-so) and guard Milt Palacio (pa-LA-see-o).
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Cleveland Plain Dealer | Jul 16, 2003
Years of toiling in the CBA and playing for nine different NBA teams in six seasons has finally paid off for Kevin Ollie.
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Cleveland Plain Dealer | Jul 16, 2003
Now that the Cavs have teen rookie phenom LeBron James on their roster, team executives boast that a new day has arrived for the franchise - but many longtime team suite-holders aren't crazy about the wake-up call they're getting.
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Cleveland Plain Dealer | Jul 16, 2003
It always happens just when you've put one foot in the tub.
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Boston Herald | Jul 15, 2003
First touch, and Marcus Banks found himself facing a very famous person.
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Boston Herald | Jul 15, 2003
JR Bremer's entire family lives in the Cleveland area, but they don't give him LeBron James updates.
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Cleveland Plain Dealer | Jul 15, 2003
Cavaliers coach Paul Silas has no problem with the hectic schedule of rookie LeBron James.
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Cleveland Plain Dealer | Jul 15, 2003
The buzz was there, almost every time rookie LeBron James touched the ball in the Cavaliers' 87-84 loss to the host Boston Celtics in their opening game in the Reebok Pro Summer League last night at the Clark Athletic Center at the University of Massachusetts.
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Cleveland Plain Dealer | Jul 15, 2003
The free-agent hopes for the Cleveland Cavaliers might not be over.
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Cleveland Plain Dealer | Jul 15, 2003
The Cavaliers went into the free-agency period in search of a point guard and an experienced player.
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Milwaukee Journal Sentinel | Jul 15, 2003
The Milwaukee Bucks took a swing at bringing Kevin Ollie back into the fold.
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Boston Herald | Jul 14, 2003
People toss the term around often when they're talking about LeBron James.
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New York Daily News | Jul 14, 2003
For Lenny Cooke, today is the day to put up or shut up.
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Boston Herald | Jul 13, 2003
As the LeBron James Festival - otherwise known as the Reebok Pro Summer League - prepares to open tomorrow at UMass-Boston to a week of record crowds, the answer to your question is ``yes.
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Akron Beacon-Journal | Jul 12, 2003
The Cavaliers have had discussions with the Minnesota Timberwolves about a trade involving Ricky Davis and Wally Szczerbiak, a source close to the situation said.
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Cleveland Plain Dealer | Jul 11, 2003
Once again, former Cavs star Ron Harper, now retired, is flirting with rejoining the organization he left under cloudy terms nearly 14 years ago.
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Medina Gazette | Jul 11, 2003
Veteran point guard Tyronn Lue has had contract talks with Miami, Orlando and Detroit, and the unrestricted free agent will meet with representatives from Denver today.
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Akron Beacon-Journal | Jul 10, 2003
Two games are enough for LeBron.
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Akron Beacon-Journal | Jul 10, 2003
Pat Riley uttered the M-word.
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Akron Beacon-Journal | Jul 10, 2003
It wasn't in front of 15,000 fans and it was a loss, but LeBron James' star continued to shine.
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Cleveland Plain Dealer | Jul 10, 2003
The Cavaliers and General Manager Jim Paxson remain mum when it comes to which players the organization is pursuing through free agency or which players they have interest in through a possible trade.
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Cleveland Plain Dealer | Jul 9, 2003
LeBron James' NBA summer-league debut last night wasn't any different than most of his high school and AAU games.
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Orlando Sentinel | Jul 9, 2003
So now we understand a little.
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Orlando Sentinel | Jul 9, 2003
By noon Tuesday -- two hours before the doors would open, seven hours before the main event would begin -- 13-year-old Eric Tomas Pequeno was sitting on the steps of the TD Waterhouse Centre.
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Cleveland Plain Dealer | Jul 8, 2003
LeBron James might answer some questions about whether he can play point guard in the NBA when he makes his summer league debut tonight against the Orlando Magic.
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Orlando Sentinel | Jul 8, 2003
After 40 years around the NBA as a player, assistant coach, front-office executive and head coach, Paul Silas thought he had seen and heard it all in professional basketball -- until this.
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Florida Today | Jul 7, 2003
Shaquille O'Neal and Tracy McGrady will be across town, relaxing in their suburban Orlando mansions this week while LeBron James makes his professional debut in the relative anonymity of an NBA summer league.
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Daytona News-Journal | Jul 6, 2003
Darrell Armstrong and Andrew DeClercq might not wait to see if the Orlando Magic can persuade Antonio Daniels, Speedy Claxton or Juwan Howard to sign with them July 16 or later.
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Plain Dealer | Jul 6, 2003
Now that his business affairs have been taken care of with his respective representatives from Nike and the Cleveland Cavaliers, rookie phenom LeBron James was finally able to get down to business last night in his first official NBA workout at the Orlando Magic's RDV Sportsplex.
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Orlando Sentinel | Jul 4, 2003
Even though he just signed with the Cleveland Cavaliers on Thursday, LeBron James already is throwing his weight around the NBA.
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Cleveland Plain Dealer | Jul 4, 2003
Agent Aaron Goodwin and LeBron James apparently got their wish before James signed a multiyear contract with the Cavaliers yesterday.
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Lorain Morning Journal | Jul 3, 2003
Stephen Silas, 29, and Mark Osowski, 40, were announced yesterday as assistant coaches for the Cavaliers.
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Cleveland Plain Dealer | Jul 3, 2003
The Cleveland Cavaliers are interested in New Orleans free agent forward Jerome Moiso.
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Cleveland Plain Dealer | Jul 3, 2003
Aaron Goodwin arrived in Cleveland yesterday morning to complete negotiations between his client, LeBron James, and the Cavaliers.
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Akron Beacon-Journal | Jul 2, 2003
LeBron James might sign his contract with the Cavaliers as early as today, his agent Aaron Goodwin said.
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Akron Beacon-Journal | Jul 1, 2003
Like many in his shoes, Jason Kapono could be publicly bitter about being a second-round draft pick.
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Orlando Sentinel | Jul 1, 2003
LeBuyers beware.
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