Summary
The Cavaliers had high hopes for Okoro after drafting him 5th overall in 2020. He had a productive rookie season, starting all 67 games he played. His role minutes the next two seasons, which put questions into his future and his development, but he has bounced back with a strong '23-'24 season heading into free agency. 

Offensively, it all comes down to the outside shot with Okoro. He is only a 35% 3-point shooter, and doesn't take very many, at about 2.7 attempts per game. Simply put, defenses do not respect Okoro from outside, and when you have primary creators like Darius Garland and Donovan Mitchell, Okoro needs to be able to hit open jumpers when defenses collapse on those guys. To his credit, he has improved gradually each season, going from 30% from 3 as a rookie to 39% in '23-'24.

Okoro is not someone that can beat defenders off the dribble or be a pick-and-roll creator, but he is shifty when attacking the rim and has good footwork to get around defenders. He has craft to finish between or through defenders, since he's not an elite athlete that will finish over them. He's a below-average rim finisher at the rim. He doesn't have a midrange game, but knows his limitations in that area and thus avoids many attempts from there, which helps his overall two-point efficiency.

Defensively, Okoro is very solid and has mostly lived up to the promise he showed coming out of Auburn. He is a good defender both on and off the ball, as he moves his feet well, fights through screens, has good rotational awareness, and closes out with discipline. Okoro is not super disruptive, with about average block and steal rates. He is better at defending guards than forwards, as he's still a little bit thin, and despite having good length he is only 6'6" as opposed to 6'8" or so like bigger forwards. 

Okoro will still be only 23 years old as a free agent in 2024. It's not a great sign he was never able to fill that fifth starter role Garland, Mitchell, Evan Mobley, and Jarrett Allen. However, I wouldn't completely shut the door on Okoro developing into a starter at some point, even if it appears somewhat unlikely right now.
 
Cap Considerations
Okoro will be a restricted free agent with a $26.8 million cap hold, $11.8 million Qualifying Offer, and full Bird Rights. I wouldn't expect Okoro's QO to come into play, but I wouldn't completely rule it out considering it may actually be higher than his market value starting salary. There's also a small chance that the Cavaliers don't tender him a Qualifying Offer, which would make Okoro an unrestricted free agent. 

Depending on how close the Cavaliers are to the luxury tax after free agency, if Okoro is brought back by the Cavaliers on a multi-year contract they could benefit from frontloading his contract, as it could give them additional flexibility in the future. 

If Okoro gets offers above the full MLE, only teams with cap space will be able to sign him to an offer sheet or outright if he's an unrestricted free agent. However, it's possible he could be had for the full MLE or less, in which case teams without cap space would be able to sign him.