The restricted free-agent forward Rodney Hood has ultimately opted to to sign his one-year contract deal worth $3.4 million with the Cleveland Cavaliers.
The 25-year-old Hood was looking for a longer term lucrative contract throughout the free agency period but has failed to reach on the terms with the Cavaliers, who made a multiyear offer. In a taut market for restricted professional basketball players, Hood was unable to find a a reasonable offer from another NBA franchise.
He will re-enter the free-agency market next offseason and will keep possession of the ability to dodge any trade during the forthcoming season under the NBA rule book.
Hood, who was originally selected with the 23rd overall pick in the 2014 NBA draft by the Utah Jazz, has struggled after being traded to the Cavs back in February.
The former Mississippi State star was averaging just 10.8 points in 21 games after averaging 16.8 in 39 games with the Jazz. In the playoffs he fell out of Cavs head coach Tyronn Lue’s rotation as he averaged just 5.4 points and shot just 17 percent from beyond the arc.
It disappointed Hood, who at one point opted out to enter an asymmetrical postseason game. Hood later asked forgiveness from his teammates.
During the NBA Finals, Hood did get minutes of playing time, rebounding to average 12.5 points in two games.
With Hood officially back with the Cavs, he is expected to be a nominee to replace the position of LeBron James at the starting power forward.