The Cavaliers have completed their four-year, $30.8 million contract extension for starting forward Cedi Osman.
The sides reached an agreement Thursday and the team made it official Saturday, hours before Cleveland hosts the Indiana Pacers in its home opener and first game in remodeled Rocket Mortgage FieldHouse under first-year coach John Beilein.
The Cavs view Osman as a future core player and wanted to lock him in financially. He was in the final year of his rookie contract and could have been a restricted free agent next summer.
General manager Koby Altman says Osman “epitomizes everything it means to be a Cavalier. … His work ethic and commitment to this organization and community are qualities we admire in a player.”
The 6-foot-7 Osman averaged 13 points, 4.7 rebounds and 2.6 assists in 75 starts last season. With more playing time, his scoring average jumped 9.1 points from the previous season.
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