Those players have since been identified as Memphis Grizzlies' Marreese Speights, Josh Selby and Wayne Ellington.
There is also a draft pick included in this package that will be sent to Cleveland as well, but what exactly that pick is hasn't been identified at the time I'm writing this.
Hoopsworld is reporting that pick could be a 2015 first rounder with a top-5 protection. Maybe it's a second. I'll update this post later once we find out.
In any event, this is a move made by the Memphis Grizzlies that was facilitated by the NBA's new luxury tax structure.
After exploring possible trades for Rudy Gay and Zach Randolph, the Grizzlies appear to have settled on avoiding the tax by moving the dollars owed to Speights, Selby and Ellington.
That number is approximately $7 million-ish in total on an annual basis, that does not extend past next season.
This move, in its eventual totality, is a good one for the Cleveland Cavaliers.
It is one of those "trade nothing for something" type deals. It's not a major deal, but it could provide much needed help on the Cavaliers' bench moving forward.
That's besides being crazy to think, of course, that Jon Leuer alone netted these returns.
The fact that the Cavaliers went out and signed essentially zero free agents this summer, and have struggled mightily with their bench as a result, put them in the cap-friendly position to make this trade.
Another reason to rationalize losing so much this season, I guess.no comments