Cleveland Cavaliers planning to sign Andrew Wiggins, putting trade talks on hold, for now

CLEVELAND - While Cleveland still awaits for the first appearance of the King LeBron James since he decided to return home, the Cavaliers have decided to press forward and sign their number one overall pick Andrew Wiggins.

ESPN.com reported today the Cavs plan on signing Wiggins some time this week for a deal of around $5.5 million.

In the recent weeks, Cleveland Cavaliers have been blowing up the sporting news world. Not only for the return of the LeBron James, but now for the possibility of trading Andrew Wiggins for Minnesota Timberwolves All-Star Kevin Love.

By signing Wiggins, the Cavs will quiet many of the rumors surrounding a potential trade deal, at least for a short while. NBA rules mandate that by signing Wiggins, they will not be able to trade him for at least 30 days.

According to ESPN.com, the Cavaliers have denied stalling to sign Wiggins in order to make a trade deal but are rather exploring their options of where to spend their remaining $1.4 million in cap space. 

One name that keeps coming around is veteran sharpshooter Ray Allen. Allen, who turned 39 on Sunday, played with both James and new Cavalier Mike Miller in Miami. However, the Cavaliers only have enough cap space to offer him a $1.4 million veteran minimum. 

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