Bucks acquire Matthew Dellavedova from Cavaliers via sign-and-trade

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The Milwaukee Bucks have acquired guard Matthew Dellavedova in a sign-and-trade with Cleveland.

Dellavedova has career averages of 5.7 points, 1.9 rebounds and 3.4 assists in 215 games over three seasons with Cleveland. He is coming off a season with career-bests of 7.5 points, 4.4 assists and 2.1 rebounds while helping the Cavaliers win the NBA championship.

As part of the deal announced Thursday, the Bucks will send the rights to Albert Miralles to the Cavaliers. Miralles, who currently plays in the Spanish League, had his draft rights sent to Milwaukee in a December 2011 deal that sent Keyon Dooling to Boston.

Dellavedova had agreed to sign an offer sheet with the Bucks that the Cavaliers did not want to match, however by doing the sign-and-trade Cleveland creates a $4.8 million trade exception which the Cavaliers can turn around and use to get Mike Dunleavy in a trade from the Bulls.

Dellavedova reached out on twitter to thank the fans in Cleveland.