The Q
Hoop’s Villain, Reality’s Hero
I guess what I'm trying to say is that IT at full health is a player worthy of MVP consideration, as we saw last year. It's not as is if he's some throw away player in the deal. Giving him big money is always a concern, but if Lebron leaves, the Cavs could potentially still retain a really great player in IT (again if healthy) and continue a rebuild at the same time. It's really the best situation for them if Lebron chooses to leave. The only other option would be a complete tear down of the team. If that's the case, the Cavs don't have any real assets to get rid of outside of Love and maybe Crowder to a slightly lesser degree. The team is still hamstrung with contracts of Tristan, JR and Korver, without any sizable cap space. The rebuild of the team would take at least 3 years to complete.
If you have IT, you could still complete a rebuild in much the same way. You could offer IT a max for 3 years, which is probably more than most other teams would offer him anyways. Could always through in a 4th year, but hold firm on it. After the 3 year period is up, most of your guys contracts could be off the books. You'll have developed your Brooklyn pick and could complete a rebuild off of him.
With the cap bumps that happened since he signed his deal, you could almost certainly find a taker for TT.