Tag: J.R. Smith

Milwaukee Bucks v Cleveland Cavaliers

Report: Cavaliers trade Brendan Haywood, Mike Miller, two second-round picks to Portland


The question was not if but when and where the Cavaliers would trade Brendan Haywood — more accurately, his $10.5 non-guaranteed contract — and what would the price be.

The answers turned out to be Sunday, to Portland, and they threw in Mike Miller and a couple second round picks, for cash.

The expected trade of Haywood has been confirmed by everyone west of the Mississipi. Adrian Wojnarowski of Yahoo Sports had it first.

The Cavaliers will have two separate trade exceptions – $10.5 million and $2.85 million – that they’ll have one calendar year to use. The Cavaliers can use a trade exception to acquire a player under contract in a deal. Those salaries count against the salary cap, but don’t impact luxury tax payments.

The deal could spare the Cavaliers nearly $10 million in salary and luxury tax payments.

Let’s break down what everybody gets out of this and why they did it.

• The two trade exceptions, $10.5 million and $2.85 million, which can be used to bring in a player mid-season without sending anyone out.
• The Cavaliers likely never use those trade exceptions, making this a move about saving money — almost $10 million when all is said and done. The Cavaliers are already flirting with the $84.7 million tax line without having yet re-signed Tristan Thompson, Matthew Dellavedova, and probably J.R. Smith. Former Nets executive Bobby Marks summed it up well on Twitter.

• Two second-round picks. The first in 2019 is the better of the Timberwolves or Lakers picks (the Cavs have the rights to both). The second is the Cavaliers own pick in 2020.
• Portland will waive Haywood, saving his non-guaranteed money.
• Portland is expected to negotiate a buyout with Miller, allowing the veteran to hook up with an interested contender (he cannot re-sign with the Cavaliers for a year). Whatever he takes less than the $2.85 million he is owed is money the Blazers saves.
• Bottom line, the Blazers just bought two second round picks at $1.4 million apiece.

Who won the trade? It’s not going to move the needle for either team on the court in the short term. So would you prefer to save money or pick up a couple extra future draft picks?

Report: Cavs re-sign James Jones to one-year deal

James Jones

The Cavs still have deals to make with Tristan Thompson, Matthew Dellavedova and J.R. Smith, but in the meantime, they’re quietly making moves to keep their depth at the end of the bench. On Thursday, they agreed to a deal to re-sign veteran forward James Jones.

From Chris Haynes of the Cleveland Plain Dealer:

Small forward James Jones has reached an agreement on a one-year deal to return to the Cleveland Cavaliers, league sources informed Northeast Ohio Media Group.

The contract, according to one source, is for the veteran’s minimum. The paperwork was faxed Thursday to Jones, who is in Florida with family. The contract is expected to be signed and finalized as early as Friday.

Jones isn’t a huge part of the Cavs’ rotation at this point, but he’s a beloved teammate and he’s still capable of coming in, playing spot minutes and knocking down three-pointers. For the veteran’s minimum, there’s nothing not to like about this signing.

Report: Richard Jefferson changes course, near deal with Cleveland

Houston Rockets v Dallas Mavericks - Game Three

After the shakeout following DeAndre Jordan’s change of heart, it was thought Richard Jefferson would re-sign with Dallas, likely on another one-year deal.

But the veteran swingman wants a ring, so he has done an about-face and is headed to Cleveland, reports Marc Stein of ESPN.

Mavs’ owner Mark Cuban was quick to say “don’t confuse this with what Jordan did.”

Also, don’t confuse this with Jordan because Jefferson will be playing for the league minimum in a limited role, he’s not a franchise changer. You can slot Jefferson and Mike Miller in the “guys who will get a few minutes when we sit LeBron” rotation.

Jefferson averaged 5.8 points a game in almost 17 minutes a night, and he did shoot 42 percent from three. He’s a respectable reserve if used in a limited role. He’s the kind of veteran LeBron likes to see on the bench.

But this does make you wonder about what is next for J.R. Smith, who was already lacking in leverage to get a deal he wants.