Cavaliers, Grizzlies trade Speights and Selby for Leuer

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Memphis has been looking for a way to get under the luxury tax line for this season — they may have just found it without shipping Rudy Gay out the door.

Brian Windhorst of ESPN broke news of a trade that could benefit both teams on twitter, then Marc Spears of Yahoo Sports confirmed it as a done deal.

The trade sends Marreese Speights, Wayne Ellington, Josh Selby and a protected 2015 first-round pick to Cleveland for Jon Leuer.

For Memphis, this is all about the money. It is a cash dump. They are about $4 million over the NBA’s luxury tax line and this deal saves the a little more than $4 million, moving them under the line as payers.

One of the reasons Rudy Gay was being shopped around was to save money, this saves the cash while keeping the team’s core players intact for a playoff run. No Rudy Gay trade, no Zach Randolph trade. For now. Look for Gay to be shopped around more this summer.

For Cleveland, this is about getting some help on the front line with Anderson Varejao now ruled out for the season. Speights is a solid NBA big man, but one nobody sees because he is buried behind Marc Gasol and Zach Randolph. But Speights has given Memphis 6.6 points and 4.7 rebounds a game with an above average PER of 16.2.

Speights has a $4.5 million player option for next season and could veto the trade due to Bird Rights considerations, but that would be a surprise. The lightly used young guard Selby is still on his rookie deal.

Leuer, the forward out of the University of Wisconsin in his second NBA season, has played in just nine games for Cleveland. He may play less for Memphis.

The move brings the Grizzlies under the NBA roster league minimum, so look for a D-League call up or some other inexpensive addition to the roster.

Dwyane Wade sinks halfcourt buzzer-beater (video)

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Dwyane Wade is secure in his legacy. He’s an all-time great, and an extra missed 3-pointer during his farewell tour won’t change anything. (It doesn’t hurt that his resumé already includes subpar 3-point shooting.)

So, when many players would hold the ball, Wade heaved in a halfcourt shot to end the third quarter of the Heat’s 110-105 win over the Spurs on Wednesday. It wasn’t the biggest shot of Wade’s season, but it still mattered plenty.

Miami’s lead when San Antonio began intentionally fouling late? Three.

Jonas Valanciunas hits game-winning free throw, spoils James Harden’s 57-point night (video)

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The Grizzlies blew a 19-point lead in the fourth quarter and a five-point lead in the final 30 seconds of overtime. James Harden scored 57 points, including 18 in the fourth quarter and all 10 of the Rockets points in overtime.

But Jonas Valanciunas saved Memphis from total collapse. He drew a foul on his putback and hit the game-winning free-throw with 0.1 seconds left to give the Grizzlies a 126-125 win Wednesday.

Report: Suns exploring signing Jimmer Fredette

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Jimmer Fredette remains a fascination because he scored a ton at BYU eight years ago and… other reasons.

He has been lighting it up in China, and his season there just ended. Now, the former No. 10 pick could return to the NBA after three years away.

John Gambadoro of Arizona Sports 98.7:

Phoenix still needs another point guard, and the 6-foot-2 Fredette looks like one. But he hasn’t shown the playmaking to play point guard regularly. He’s better, and sometimes even effective, off the ball.

Fredette could have stuck in the NBA with a different attitude. His long-distance shooting was an asset.

But he’s also now 30 years old. A new approach likely won’t be enough. His shortcomings, particularly defensively, will be even more pronounced as his athleticism has declined.

The Suns are bad and will remain bad, with or without Fredette. But their younger players have shown signs of progress lately. Fredette’s high-usage style could interfere with their development.

It’s hard to see the upside here other than a brief uptick in attention.

Marcus Smart shoves down Joel Embiid from behind, gets ejected (video)

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Marcus Smart recently bemoaned the lack of physicality in the NBA.

After Joel Embiid dropped his shoulder into him on a screen, Smart brought some to tonight’s Celtics-76ers game.

Smart shoved Embiid in the back, sending the center to the floor. A cheap shot? Yes. Embiid wasn’t looking. But Smart would surely argue Embiid started it. I also doubt Smart intended to push Embiid from behind. Smart just wanted to get at Embiid as quickly as possible, and Embiid happened to be facing the other way when Smart arrived.

Smart got a flagrant 2 and the accompanying ejection. Embiid received a technical foul.