Cavaliers and Hawks finalize Kyle Korver trade

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Kyle Korver is now officialy a member of the Cleveland Cavaliers. The team announced via its website on Saturday they had finalized the deal with the Atlanta Hawks, sending Mike Dunleavy, Mo Williams, cash, and a protected 2019 first round pick.

Korver, 35, is shooting 40.9% from 3-point range and is likely to be a huge floor-spacer for the Cavaliers. While Cleveland is statistically a good 3-point shooting team, they’ve missed the impact of JR Smith, who is out until spring with a thumb injury.

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Atlanta, meanwhile, looks to be on the way to trading away their core and rebuilding despite a recent 60-win season in 2014-15.

The Hawks are reportedly actively looking to deal Paul Millsap, whose contract is eligible for early termination after this season ends, an option Millsap will almost certainly exercise.

Meanwhile, the Hawks aren’t looking to keep much of what they traded for. Atlanta is reportedly trying to shop Dunleavy around, but will keep him if there isn’t a suitable partner.

Williams, meanwhile, is effectively retired after having surgery in October and won’t see the floor for the Hawks.

The real value for Atlanta is in Cleveland’s draft pick, which is Top 10 protected for 2019 and 2020 before converting into two second rounders in the following years.

The Cavaliers were able to trade back with the Portland Trail Blazers for their 2018 first rounder, swapping them their 2017 first round pick in order to allow them to trade the 2019 pick. The NBA has a rule prohibiting teams trading their first round pick in consecutive years.

It’s likely the Cavaliers will convey that pick immediately in 2019 at the end of the first round.