- Report: Many throughout Cavs organization are big fans of 2022 NBA draft class
- Damon Jones’ grateful response to LeBron James naming him one of the best shooters he’s ever played with
- Report: Rajon Rondo allegedly threatened to kill his former partner and pulled a gun on her
- Report: J.B. Bickerstaff and Koby Altman have discussed a potential change to the Cavs coaching staff
- Cavs insider indicates Rich Paul is expected to pursue extension in $180M range for Darius Garland
- Dan Gilbert’s confident statement regarding Koby Altman after he misses out on Executive of the Year
- Report: Kyrie Irving wanted LeBron James-like control with Brooklyn Nets
- Here’s how close Cavs exec Koby Altman came to winning Executive of the Year honors
- Darius Garland explains why it hurt so much that the Cavs didn’t make the playoffs this season
- Video: Kyrie Irving lashes out during GTA Twitch stream, calls other players ‘cockroaches’
Cavs News: Cavaliers Acquire Rights to Spanish Forward Albert Miralles
- Updated: July 7, 2016
The Cleveland Cavaliers officially bid goodbye to guard Matthew Dellavedova on Thursday afternoon by completing a sign-and-trade deal with the Milwaukee Bucks. This deal will officially complete the Wednesday night acquisition of Mike Dunleavy from the Chicago Bulls.
The official deal allows the Bucks to keep Dellavedova, who they signed to a $38.5 million four-year offer sheet on July 1, and sends Spanish forward Albert Miralles to the Cavaliers. More importantly, Cleveland will receive a $4.8 million trade exception in the deal.
Unless something drastic occurs, Miralles isn’t expected to join the Cavaliers. Dave McMenamin of ESPN tweeted that the trade exception money will match Dunleavy’s salary for the upcoming year.
The Cavs will acquire Dunleavy with the traded player exception created by the Dellavedova swap with Milwaukee, sources tell ESPN
— Dave McMenamin (@mcten) July 7, 2016
The deal allows the Cavaliers to maintain the $9.7 million trade exception that they received when they dealt Anderson Varejao in February.
Cleveland general manager David Griffin lauded Dellavedova’s previous contributions in announcing the deal.
“We wish Delly the best as he continues his career in Milwaukee,” Griffin said. “Delly is a special person on and off the court and was a very dedicated, hard worker that grew as part of our team and made significant contributions to our success. Our coaches and his teammates will always appreciate his ‘all in’ approach to the game, as he was ready to contribute whenever his number was called. We know he will continue to grow and succeed as he takes the next steps of his NBA journey with the Bucks.”
Related Posts
About Brad Sullivan
You must be logged in to post a comment Login