News has been confirmed that the Portland Trail Blazers acquired two second-round picks, center Brendan Haywood and sharpshooter Mike Miller from the Cleveland Cavaliers on Sunday.
Hayword has a non-guaranteed $10.5-million contract which might be waived by the Trail Blazers while Miller, who has recently been in a bit of a funk with 2.1 points per game last season (15th NBA season), is expected to be bought out to become a free agent with any team of his choosing apart from the Cavaliers.
Apart from these two, Portland will also receive two draft picks while Cleveland will receive $10.5 million and $2.85 million trade exceptions which can be used to add a player mid-season without parting with any existing ones; but Cleveland is expected to use it as tax saving measure instead.
In another news, point guard Matthew Dellavedova is soon expected to rejoin the Cleveland Cavaliers and play alongside LeBron James. Initially he was offered $US1.15 million to return to the team instead of his asking price of $US4 million a year. Now however, with the Haywood-Miller tradeoff, Dellavedova could be tempted with a better price.
The Cavaliers have already signed on LeBron James for two-year deal ($US47 million), forward Kevin Love for five years ($US110 million) and guard Iman Shumpert for four years ($US40 million). For now they have signed on 10 players out of the scheduled 15 for the 2015/16 season with the backup guard being Mo Williams.
The Portland Trail Blazers, on the other hand, have also shown great interest in Dellavedova for his prowess in the playoffs.