According to ESPN's Brian Windhorst, Tristan Thompson and the Cavs did not agree to a new deal over the weekend and Thompson is not expected to attend media day. According to Windhorst, both Thompson and the Cavs aren't treating this as a holdout, as Thompson has until Oct. 1, which is Thursday, to sign his qualifying offer worth $6.9 million. The two sides could come to an agreement before then as well. According to Windhorst's report, the Cavs turned down Thompson's offer of a three-year max worth $53 million over the weekend.
Cavs & Tristan Thompson did not come to a contract agreement over the weekend & he is not expected to be at today's media day, sources said— Brian Windhorst (@WindhorstESPN) September 28, 2015
Neither Cavs or Thompson are framing situation as "hold out" because he has until Thursday, which is Oct. 1, to sign $6.9M qualifying offer— Brian Windhorst (@WindhorstESPN) September 28, 2015
Thompson is a free agent still, so he won't be fined for missing media day and it would have been weird for Thompson to attend without a deal in place. Still, it's a lock that Thompson will come up at media day. Stay tuned.
Update - 12:32 p.m.
According to Chris Haynes of the Northeast Media Group, the Cavs have upped their offer to Thompson but are not interested in signing Thompson the max or the three-year max. How much the Cavs have upped their offer is not known.