It's just odd to present it as something gleaned from your connections, is all. I know a guy who does some business with the Redskins, who keeps sharing "inside info" a day after it's on PTI. When this gets pointed out to him, he says "Yeah, but I knew about it for weeks!"
Anyways, the new TV deal is going to jack up revenues by a ton, and the value of the Cavs franchise is probably three times what he paid for it a decade ago. He might choose to avoid the luxury tax, especially with all the new provisions making it harder to acquire players, but I don't think he'd be forced into lower spending unless his other business prospects are really dire.