Cleveland Cavaliers prepared to offer Greg Oden a contract

Greg Oden is trying to make his way back into the NBA, and has met with teams like Miami Heat, Cleveland Cavaliers and Boston Celtics in the past few weeks, while also being monitored by just about every team in the league.

According to Jason Lloyd, the Cleveland Cavaliers are prepared to make an offer to Oden as early as this season, in order to secure the former no.1 overall pick for next season:

The Cavs are expected to offer free agent center Greg Oden a two-year contract with a team option for a third year after the Feb. 21 trade deadline passes, a league source said.

The Cavs have about $4 million in cap space, which they are preserving now for potential trades. Teams around the league don’t want to sign Oden until after the trade deadline.

If the Cavs were to sign Oden, he would be seen as a future investment, as it is highly unlikely at best that he would be able to play this season.

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