July 31: Lou Williams impressed me a lot last season. I’m still not sure if he’s worthy of being a full-season, full-time starting point guard, but at the very least he’s a terrific backup. In a season or two he’ll probably be ready to start for 5 or 10 of the league’s teams, which would have been crazy to suggest a mere year ago. The kid just flat-out works hard, and he’s more skilled than many thought.
Williams would make a great addition to the Cavs and has more upside than Daniel Gibson, who remains a shooter that isn’t a true floor leader. Gibson, whose nickname “Boobie” still just seems wrong, a better, younger Damon Jones. I like Gibson, but as a backup, not a starter. Williams, to me, should keep emerging and become someone’s starter.

The Cleveland Plain Dealer reports: LeBron  James has lavished a little more than 0.1 percent of his 2008-09 salary of $14.4 million on the presumptive Democratic presidential candidate, Barack Obama, according to Federal Election Commission records. In June, the Cavaliers star donated $20,000 to the Democratic White House Victory Fund, a joint committee set up by Obama and the Democratic Party for the presidential race. Supporting a political candidate is a risky move for an athlete who has a $100 million contract with Nike, and depends on shoe sales for part of his income. But in this case it’s not foolish, according to one sports marketing expert.

The Oklahoman (Mike Baldwin) reports on a team’s 82-game regular season schedule: “Four games against division opponents. Four games against six out-of-division conference opponents. Three games against the remaining four conference teams. Two games against teams in the opposing conference. A five-year rotation determines which out-of-division conference teams are played only three times.”

The Cavaliers have re-signed point guard Daniel Gibson to a multi-year contract. More info is here.
As of now, he’s their best option at point guard. Delonte West is still an unsigned free agent.
The Cavs pretty much have their core from last year. They still need more depth at point guard and the backup swingman/small forward spots.
As of now, the team should be around as good as they were last season.

The  National  Basketball  Association today announced  that  the  Salary  Cap  for  the  2008-09 season will be $58.680 million.   The  new  Cap  goes  into  effect  immediately  as  the league’s “moratorium  period”  has ended and teams can begin signing free agents and making trades.
The  tax level for the 2008-09 season has been set at $71.150 million.  Any team whose team salary exceeds that figure will pay a $1 tax for each $1 by which it exceeds $71.150 million.
The  mid-level  exception  is $5.585 million for the 2008-09 season and the minimum  team  salary,  which  is  set at 75% of the Salary Cap, is $44.010 million.
For  the 2007-08 season, the Salary Cap was set at $55.630 million, the tax level was $67.865 million and the mid-level exception was $5.356 million.