Tuesday, 12 December, 2017

Cleveland Cavaliers sending Richard Jefferson, Kay Felder to Atlanta, reports say

Cleveland Cavaliers sending Richard Jefferson, Kay Felder to Atlanta, reports say Cleveland Cavaliers sending Richard Jefferson, Kay Felder to Atlanta, reports say
Noah Ferguson | 14 October, 2017, 04:35

It's a purely salary cap saving maneuver for the Cavaliers, who are well over the salary cap and paying exponential luxury tax penalties. It's a $12 million savings for the Cavs.

The trade will be completed Friday night or Saturday morning, a source said.

"Was pretty much bracing myself for it", said Smith, who compared what happened with Wade to a situation he experienced with the New York Knicks. "It's definitely tough and just trying to figure it out".

As for the Hawks, neither Jefferson nor Felder appear long for Atlanta.

Both players sat on the bench for the Cavs' preseason finale against the Magic because the trade was not yet complete. In 42 appearances with Cleveland last season, he averaged 4.0 points per game while also splitting time with the Canton Charge. LeBron James told cleveland.com he had talked to Smith "way before" Lue made the decision, which was perhaps an indicator for Smith that a change was coming.

"It's been a insane offseason and beginning of the season, so I'm happy with whatever", Felder told cleveland.com.

"I'm happy with whatever position, happy someone gave me a chance".

Felder has $455,000 in guaranteed money this season as well as a $1.5 million team-option for next season. ESPN is reporting that both players will be waived.

Wojnarowski reports that the Cavs will send Jefferson, Felder, a 2019 second-round pick and a 2020 second-round pick to Atlanta in exchange for European draft rights.

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