As I wrote Friday morning, the Cavs had a roster decision to make.
By Friday evening, the decision was made.
The Cleveland Cavaliers sent forward Richard Jefferson and guard Kay Felder as well as cash considerations and two future second round picks to the Atlanta Hawks. Yahoo Sports was the first to report the talks.
ESPN’s Adrian Wojnarowski said Cleveland will get the rights to European draft prospects but those players are unknown as of now.
Atlanta will waive Jefferson once the deal is official, making him a free agent however he can not return to the Cavs due to CBA rules. Felder will also likely be waived according to ESPN.
This move will save the team $12 million in luxury tax which would’ve cost them had they released them outright.
Jefferson was apart of the Cavaliers the last two seasons.
He appeared in 153 regular season games (18 starts) and averaged 5.6 points per game. He also appeared in 35 playoff games (2 starts) and averaged 4.8 points per game.
Jefferson will forever remembered in Cleveland as part of the city’s first professional sports championship since 1964.
Felder was acquired during the 2016 NBA Draft when the team spent $3 million to buy his draft rights from the Atlanta Hawks who drafted him 54th overall.
He appeared in 42 games for Cleveland last season and averaged 4 points per game. Felder also appeared in 11 games for the Canton Charge, averaging 29.9 points, 6 assists and 1.5 steals per game.
With this trade, Cleveland’s roster will be at 15 once they release Issac Hamilton and Kendrick Perkins although Hamilton may stay with the club on a two-way contract.