8 replies to this topic

[Dr. Jekyll]

SpearsNBAYahoo
Grizzlies trade Speights, Selby
and pick to Cavs for Lauer.

[Dr. Jekyll]

Memphis also sends guard
Wayne Ellington, who makes $2
million in the final year of his
deal, to Cleveland.

[TheOriginalCZM]

The Memphis Grizzlies have agreed to a multiplayer trade with the Cleveland Cavaliers, slicing more than $6 million off their payroll to get under the luxury tax threshold, league sources told ESPN.com.

A trade call to finalize the deal is scheduled for Tuesday.

Memphis would send Marreese Speights, Wayne Ellington and Josh Selby to Cleveland for Jon Leuer to slice more than $6 million off their payroll and get under the luxury tax threshold.

The Grizzlies would send big man Marreese Speights, guard Wayne Ellington and guard Josh Selby to the Cavs for big man Jon Leuer. Cleveland would also receive a future first-round draft pick in the deal.

Reducing payroll both short- and long-term has been a goal of the new Grizzlies ownership and led to other trade talks involving Rudy Gay and Zach Randolph over the past several weeks.

Speights averages 6.5 points and 4.7 rebounds as a key big man off the bench for the Grizzlies but makes $4.2 million this season and has a player option at $4.5 million for next season. The Grizzlies owe Gay, Randolph and Marc Gasol nearly $50 million alone next year.

Ellington is averaging 5.5 points in 40 games off the bench for the Grizzlies (26-14), who stand fourth in the Western Conference and second in the Southwest, five games behind the San Antonio Spurs.

The Cavs were able to make the deal because they had more than $10 million in cap space in which to absorb Speights. That would likely mean the Grizzlies would receive a trade exception of more than $6 million that would be good for a year.

Selby has only played in 10 games this season, averaging two points. Leuer has played in nine games, averaging 2.4 points.

http://espn.go.com/n...ade-sources-say

Edited by Mr.Sources, January 22, 2013 - 07:38 AM.

[fido]

The Grizzlies are active, no surprise.

Gay could be on the move next. Everyone better hope the Clippers don't swing a deal for him like they've been grumbling about.

[MrKnowItAll]

Lol WHAT A TRADE!

[fido]

You start with small moves and engineer up to the impact deal.

This is something the Lakers should be doing.

[TKainZero]

That might be the only MAJOR move the grizz make.

This move took them under the Luxary tax line, meaning, they have no real incentive to trade any of their top players now....


it is sad...
Shelby would help the lakers a great deal...

[Disaster in Paradise]

You start with small moves and engineer up to the impact deal.

This is something the Lakers should be doing.

No one wants ordures.

Edited by Hey, January 22, 2013 - 05:49 PM.

[Majesty]

small moves for big moves. Gay or Randolph is next.