Daily Gossip, Wednesday 6/8/14

They might be financially screwed, but Cibona Zagreb look to have some money to spend for this season.

CIBONA HAVE €500,000 TO SPEND?

Cibona Zagreb will reportedly have €500,000 to spend next season with their squad being centered around their youth players.

Via Sportando: The team will also try to solve their debts with 4 players: Markota, Marko Tomas, Adin Vrbac and Giricek.

ZALGIRIS INTERESTED IN YOUNG DANE?

Zalgiris are reportedly interested in Danish youngster Rasmus Larsen, according to Krepsinis.

The 19-year-old spent last season with Liga Endesa side Manresa where he averaged 6 points and 4 rebounds a game.

VIDAL SIGNS WITH BADALONA

Sergi Vidal has signed a 2-year deal with Joventut Badalona.

The veteran returns to Catalonia after spending last season at Unicaja Malaga.

CAVS SIGN JONES AND MILLER

Cleveland Cavaliers have signed free agents James Jones and Mike Miller.

Via NBA.com

In 2013-14, Miller ranked second in the NBA by connecting on .459 (107-233) of his three-point attempts and averaged 7.1 points and 2.5 rebounds in 20.8 minutes over 82 contests (four starts) with Memphis.

Jones has a career three-point percentage of .403 and a career free throw percentage of .848. The 6-8, 215-pound guard was the 2011 NBA Three-Point Shootout Champion at All-Star Weekend in Los Angeles.