According to multiple sources, the Cleveland Cavaliers have traded two veterans in guard/forward Mike Miller and center Brendan Haywood to the Portland Trail Blazers in exchange for cash.
The Cavs will also send two future second-round draft picks according to Adrian Wojnarowski of Yahoo! Sports.
Cleveland has traded Brendan Haywood and Mike Miller to Portland, league source tells Yahoo Sports.
— Adrian Wojnarowski (@WojYahooNBA) July 27, 2015
Cleveland sends two future second-round picks to Portland to take on the Miller contract. Portland doesn’t send picks to Cavs.
— Adrian Wojnarowski (@WojYahooNBA) July 27, 2015
The Blazers receive 2019 and 2020 second-round picks in the deal, league sources tell Yahoo Sports. Blazers send cash to Cavaliers.
— Adrian Wojnarowski (@WojYahooNBA) July 27, 2015
Having traded two players into the Trail Blazers’ cap space, the Cavs will create a $13.35 million trade exception that they must use within one year. According to ESPN.com’s Marc Stein, it is likely that Portland will waive Miller after the deal is complete, allowing him to sign elsewhere.
Early expectation is that the Blazers will release Mike Miller and let veteran sharpshooter find new team after consummating trade Monday — Marc Stein (@ESPNSteinLine) July 27, 2015
In their only seasons last year with the Cavs, Miller and Haywood averaged just 2.1 points and 1.6 points points per game respectively. Miller played in 52 games (15 starts) for Cleveland during the 2014-15 campaign, while Haywood played in just 22 games (one start).
