One of the greatest storylines from this past NBA Playoffs was the legend of Matthew Dellavedova.

The Cleveland Cavaliers backup point guard transformed from an Australian nobody had heard of to a cult hero in the span of a couple weeks. The relentless defense, the torching of the Chicago Bulls in Game 6 of the conference semis, the inexplicable ability to step in for the injured Kyrie Irving and still help the Cavs steal two wins in the Finals, it all helped to make Dellavedova a household name.

Now a restricted free agent, Dellavedova and the Cavs are working on a deal to try and keep him around for the foreseeable future. However, it’s been a while since we heard anything regarding these discussions, and yesterday we finally found out why.

It appears Dellavedova is of the belief his postseason performance has him deserving quite a raise. After making $816,482 last year, Dellavedova is reportedly asking for $4 million a year.

The amount of years he’s after is still cloudy, but it doesn’t change the fact Dellavedova is clearly overvaluing himself. I loved everything he did to help Cleveland make a Finals run, but he’ll have to lower his asking price if he expects a new contract with the team.

It bears repeating; Dellavedova played a crucial role for the Cavs this past postseason. Nobody expected much from him to begin with, so for him to have the impact he did was quite astonishing.

But, come on, $4 million a year?

When going through all the highlights from Dellavedova’s postseason performance, it’s easy to overlook some of his issues. He still struggles at initiating the offense. His shooting is still cold more often than it’s hot. He still only averaged 7.2 PPG in the postseason, just 4.8 PPG in the regular season.

I’m not trying to tear Dellavedova down. At the same time, when you’re considering a new contract for a player, you have to examine everything about him, not just the bright spots. In doing so with Dellavedova, you can see why $4 million a year is just a bit much.

You’ll also note that, beyond Cleveland, Dellavedova’s name isn’t exactly being tossed around with other teams. Maybe it’s the price tag, or perhaps the fact he’s restricted and the Cavs can match any offer. Regardless, the market appears cool on him, which severely impacts his leverage with Cleveland.

Make no mistake, the Cavs want Dellavedova back. Despite the fact the team signed Mo Williams, there’s still room for the Aussie. His defense is a quality Cleveland loves and, even with three point guards, the team could definitely find a role for him.

At the same time, the Cavs are already dealing with luxury tax issues. The team has made no bones about signing big contracts despite this. However, there’s a limit for everything. Cleveland may be hell-bent on retaining its roster, but this hardly means they’ll do so well above market price.

$4 million is well above Dellavedova’s market price.

The Cavs are in a good spot when it comes to these negotiations. As mentioned, Dellavedova hasn’t been linked with any other team. Even if he was, I highly doubt there’s an NBA team out there who sees his worth at or around $4 million. The longer this quiet free agency lasts, the more Dellavedova loses in these talks.

So, he can ask for this kind of salary all he wants, but Cleveland is hardly in a place where they have to feel remotely pressured by it.

Dellavedova will more than likely be a Cavalier next season. Whether it be via a new contract or just signing his qualifying offer (a little more than $1 million), it’d be a surprise to see him play elsewhere next year.

However, he should know it’d be even more surprising if he was actually offered a deal of $4 million per year. As much as the Cavs value his presence, you’re just not going to see any third-string point guard get that much, no matter how epic his postseason was.

Casey Drottar is the Cleveland Beat Writer for www.Rantsports.com. Follow him on Twitter or “Like” him on Facebook