MONDAY, 12:55pm: The deal is official, the Cavs and Blazers announce. Miller receives $428,241 from Cleveland thanks to his 15% trade kicker, though that amount will apply to Portland’s cap, lifting Miller’s total cap hit to $3,283,181, notes former Nets executive Bobby Marks (Twitter link).
8:49pm: The Cavs will not receive draft picks in the deal, Wojnarowski tweets. The Blazers, however, will send cash, according to Wojnarowski (Twitter link).
SUNDAY, 8:19pm: The Cavs have agreed to trade Brendan Haywood and Mike Miller to the Blazers, reports Yahoo Sports’ Adrian Wojnarowski (on Twitter). Cleveland is set to gain two trade exceptions in the deal — one for $10.5MM and another for $2.85MM — Wojnarowski tweets.
The Cavs are also set to send the better of the 2019 second-round picks that they own from the Lakers and Timberwolves plus their 2020 second-round pick, according to ESPN.com’s Brian Windhorst (on Twitter).
Haywood’s contract is non-guaranteed for next season at $10,522,500. It will become guaranteed on August 1st and therefore the Blazers are expected to waive him, Windhorst writes in a full story. The Cavs, of course, had been shopping Haywood and his sizable contract for months to no avail.
The Cavs are still interested in making deals with Tristan Thompson, J.R. Smith and Matthew Dellavedova, but at the moment, are set to cut their luxury tax bill from a little more than $32MM to just over $4MM by shedding the salaries of Haywood and Miller, ESPN.com’s Marc Stein tweets.
Wow, I did not expect that. Will Portland buyout Miller? What do the Cavs do on the wing? Even after bringing back JR Smith and bringing in a backup PG (I’m assuming it will be Dellavadova returning), they would still need a depth piece, similar to Richard Jefferson or Miller. They must really like Joe Harris
Miller barely played last year, averaged 13.5 minutes and 2.1 points per game in the regular season, and he even played less in the playoffs. I think the addition of Mo Williams answers your question about backup PG and if they resign Smith and Delly, they will be fine. I think they will manage
So at the PG, you would have Kyrie and Mo Williams? Defensively, that just doesnt seem like it makes much sense. They need a bench guy like Dellavadova that can get up into PGs…Miller was one of multiple pieces that werent used correctly by David Blatt, who still hasnt figured out that they play 48 minutes in the NBA, instead of 40 in Europe. In the previous year with Memphis, we saw just how good he can still be, and he played all 82 games. At what will be the minimum, he will definitely help whatever team he ends up on
I accidentally misread one part of your post
Assuming Smith and Thompson are brought back..
PG-Irving
SG-Shump
Back up point-Williams and Delly
Back up SG-Smith
SF-LBJ
Back up SF-Jones and Jefferson
PF-Love
C-Mozgov
Back up bigs- Varejao and Thompson
That’s 12 guys right there.
They got money in exchange so that will help the Cavs re-sign Thompson, Smith, and Dellavedova and I think they got one or two trade exceptions so I think they will try and trade for a wing player similar to Jefferson and Miller and Smith and if the Blazers release Mike Miller (Which is doubtful), the Cavs will look to re-sign Miller back and pick up at least one more free agent to improve their bench depth
one thing to keep in mind: Miller would be prohibited from signing with the Cavs for one year
The reports are Miller wanted out of Cleveland..