It was reported by numerous papers and sources that the Cavaliers picked up the team option on Carlos Boozer. This was not true.

"Boozer's contract option for next season wasn't picked up by the Cleveland Cavaliers before Wednesday's deadline, a surprising decision by the club, which immediately makes the third-year forward a restricted free agent."

"Boozer, though, isn't interested in playing for any other team than the Cavaliers, who intend to sign him to a long-term deal sometime this summer."

"I want to be in Cleveland," Boozer said Thursday. "I like it here. My wife and I are very, very happy here, and I want to be with the Cavaliers. Good things are happening. Now it's up to my agent and the Cavs to work things out."

By doing this the Cavs are taking a risk. Someone could offer Boozer a large deal and the Cavs would either have to match it or lose him. But by picking up his option, they were risking his value rising even more.