NBA News and Rumors: 'Mo Williams' To Retire; 'J.R. Smith' To Re-sign With The Cavaliers for $15 Million

Mo Williams said that he might consider retiring before the off-season ends. This would give the Cleveland Cavaliers a good opening spot to sign J.R. Smith back.

Mo Williams played with the Cleveland for 4 years and helped the Cavaliers win their NBA Championship ring last season. According to cleveland.com, Mo Williams is considering retirement and the Cleveland Cavaliers may use the stretch provision until August 31st, Wednesday.

With this stretch provision, the Cavaliers may waive Mo Williams before the deadline. This will allow Cleveland to pay Mo Williams $2.2 million over the next three years. Waiving Mo Williams will also lessen the tax of the team by several millions of dollars.

So cavs signed former player mo Williams and won a title...
Indians just signed coco crisp, a former Indian...coincidence?!?

— Dan Walters (@walters_dan) August 31, 2016

With this scenario, Sportsgrageous reported that this may also help the Cavaliers to re-sign J.R. Smith. J.R. Smith is asking $15 million per year, making Cleveland hard to get him since the Cleveland Cavaliers are over the cap limit with its current player's contract.

J.R. Smith is still unsigned up to this day, and once said he didn't want to go anywhere but in Cleveland. The Cavaliers need to decide before the 2016-2017 season to complete their roster.

J.R. Smith is one the core pieces of the Cleveland Cavaliers' success last season where Smith is one of the scoring options for the Cavaliers. Though with some inconsistency, J.R. Smith is one of the best and reliable clutch shooter in the league.

As Mo Williams' NBA career is likely to end up, this will also give the newly drafted guard Kay Felder an opening for his career. Kay Felder will then be the legitimate backup point guard to Kyrie Irving, this will give him a lot of space to showcase his talent.

If Mo Williams tends to pursue his retirement within this week, this will provide the Cavaliers a lot of opportunities. Even after the stretch deadline, fans would expect some upgrade on Cavaliers roster.