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Report: Smith drawing interest from Bucks, but not close to buyout with Cavs

Jason Miller / Getty Images Sport / Getty

The Milwaukee Bucks have interest in Cleveland Cavaliers guard JR Smith, sources told The Athletic's Joe Vardon. However, the Cavs and Smith are not close on a buyout agreement, according to the report.

Smith and the Cavaliers cut ties on Nov. 20, but he still remains on the team's roster. He'd be willing to give back about $1 million of what he's currently owed in a buyout scenario, but nothing more, according to Vardon.

The 33-year-old would need to agree to a buyout, clear waivers, and sign with a team before March 1 in order to qualify for postseason eligibility. Smith's current contract guarantees him $3.9 million next season but grows to $15.7 million if he isn't waived on or before June 30.

Smith played just 11 games this season for Cleveland, shooting a career-low 34.2 percent from the field.

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