Mike Dunleavy Jr.

Cavaliers Acquire Kyle Korver From Hawks

11:55am: The first-round pick acquired by the Hawks in the swap will be top-10 protected in 2019 and 2020, tweets Dave McMenamin of ESPN.com. If it falls in the top 10 in both of those years, it will convert to second-round picks for 2021 and 2022, though that seems unlikely.

According to Bobby Marks of The Vertical (Twitter link), Atlanta also received cash from Cleveland in the deal — roughly enough to cover the $1.2MM left on Williams’ contract. The Cavs were eligible to include up to $1.5MM in a trade.Kyle Korver vertical

11:29am: The Cavaliers and Hawks have finalized their trade that was first reported on Thursday, tweets Chris Vivlamore of The Atlanta Journal Constitution. The swap, which is now official, will send Kyle Korver to Cleveland in exchange for Mike Dunleavy Jr., Mo Williams, and a protected 2019 first-round pick. The Cavs have confirmed the transaction in a press release.

In Korver, the Cavs will acquire one of the NBA’s best long-distance shooter, who has a career 42.9% mark on three-point attempts. Just two years removed from an All-Star nod, the 35-year-old is averaging 9.5 PPG in 32 contests for the Hawks this season, with a .441/.409/.889 shooting line. Korver will provide Cleveland with some additional outside shooting over the next several months while J.R. Smith is sidelined, and will be another scoring threat for the club in the postseason.

By moving both Dunleavy and Williams in the deal and taking only Korver back in return, the Cavs will open up a spot on their 15-man roster, allowing the team to sign, claim, or trade for another player. There’s no rush for Cleveland to fill that opening, but with Smith expected to be out until March, and Chris Andersen out for the season, the team will be keeping an eye open for depth options.

That roster spot could ultimately be used on a point guard, as the Cavs have been lacking a reliable veteran option since the start of the season. LeBron James has suggested multiple times this week that he’d like to see the team address the position, and there’s no shortage of veteran options on the market, including Mario Chalmers, Jarrett Jack, and Norris Cole.

As for Atlanta, the team has been rumored to be shopping all their veteran players on expiring contracts, a group that included Korver. Now that the club has made one move, there’s a good chance others will follow. Thabo Sefolosha, Tiago Splitter, Kris Humphries, and – of course – Paul Millsap remain on the block for the Hawks.

From a salary cap and CBA perspective, the trade is an interesting one. The Cavaliers had a $9.6MM trade exception available that they could have used to comfortably absorb Korver’s salary, but the team doesn’t necessarily have to use it. Taxpaying teams like the Cavs can acquire up to 125% of the salary they send out in a trade, so Dunleavy’s $4.8MM+ salary is enough to take back Korver, who is earning about $5.2MM.

If Cleveland completed the trade that way, the team would hang onto its big $9.6MM traded player exception, which expires next month, and create a new TPE worth Williams’ salary ($2.19MM). Alternately, using that $9.6MM TPE to take on Korver, and creating new TPEs worth Dunleavy’s salary and Williams’ salary is another possibility for Cleveland. Trade exceptions created today wouldn’t expire until January 2018.

It’s also worth noting that the Cavs needed to first complete a separate trade before this deal could be finalized. Because the Ted Stepien Rule prevents NBA teams from trading consecutive future first-round picks, and Cleveland had already sent its 2018 selection to Portland, the Cavs had to get that ’18 first-rounder back, sending out their 2017 first-round pick instead. That allowed the club to move its 2019 pick in its deal with Atlanta.

The Cavs’ decision to hang onto Williams even after he had announced his retirement paid off as well. Cleveland was able to attach him to this deal, reducing the team’s tax bill and creating an open roster spot. The Hawks, who waived Ryan Kelly this week to create room to complete a two-for-one deal, will likely waive the veteran point guard at some point and eat his salary.

Photo courtesy of USA Today Sports Images.

Cavaliers Finalizing Deal For Kyle Korver

JANUARY 6, 2:11pm: The Cavs are shipping out Mo Williams as part of the deal, Jason Lloyd of the Akron Beacon Journal confirms (Twitter link).

JANUARY 6, 9:08am: The Hawks and Cavs are working on finding a third team for Dunleavy, Adrian Wojnarowski of The Vertical tweets. If they can’t find a taker, Atlanta will keep the small-forward.

JANUARY 5, 8:13pm: The trade has not yet been finalized, but the way things appear to sit now involve the Cavaliers sending Mike Dunleavy Jr. and a 2019 first-round pick to the Hawks in exchange for Kyle Korver. It’s also been reported that Dunleavy could be flipped to a third team prior to Friday’s trade call. Earlier updates had Mo Williams and possibly Cedi Osman involved.

In a separate trade, the Cavaliers are sending their 2017 first-round pick to the Trail Blazers in order to re-acquire their own 2018 first-round pick that, per The Oregonian’s Tim Brown, they gave up in the Anderson Varejao deal last February.

JANUARY 5, 7:36pm: According to Brian Windhorst of ESPN, the Cavaliers have also made a separate trade with the Trail Blazers. They’ll trade their 2017 first-round pick to Portland in order to get their 2018 first-round pick back. He also tweets that Cleveland’s 2019 first-round pick will be on its way to Atlanta.

JANUARY 5, 7:28pm: Wojnarowski now reports that the Cavs will send Mike Dunleavy Jr. to the Hawks and that he’ll likely move on to a third team, though it’s not clear what team that will be. Dunleavy Jr. makes $4.8MM this season, with a team option for next season.

JANUARY 5, 7:15pm: Eric Pincus of Basketball Insiders tweets that he hears that the retired – but still tradable – Mo Williams is Atlanta-bound, along with a heavily protected first-round pick from the Cavaliers. He also confirms on Twitter, that the Cavs can absorb Korver’s salary if they wish, via the Anderson Varejao trade exception.

JANUARY 5, 7:08pm: According to Hawks beat writer Chris Vivlamore of the Atlanta Journal-Constitution, the Hawks hadn’t confirmed the deal as of 6:47pm CST, but coach Mike Budenholzer had pulled Korver aside. Vivlamore adds that a Cavaliers executive was in Atlanta last week to watch the sharpshooter. Finally, Vivlamore tweets that Cedi Osman could be among the package going to Atlanta. The 2015 second-round pick is currently playing in Turkey.

 JANUARY 5, 6:56pm: The Cavaliers are finalizing a deal that will land them Kyle Korver, tweets Adrian Wojnarowski. While the exact terms being discussed aren’t currently available, what’s known now is that wheels are in motion for the 35-year-old veteran to join the reigning champions.

Over the course of the last five years with the Hawks, Korver has established himself as an elite deep threat and was even named to the All-Star team in 2015. He’ll now join a Cavaliers team that’s seen three-point specialists like Channing Frye and J.R. Smith thrive thanks to the spacing created by its stars.

Korver is on the final year of a contract worth $5.3MM and while the Cavaliers are currently well over the cap, it’s worth noting that they hold four outstanding trade exceptions, including one worth $9.6MM that is set to expire in February.

According to Justin Verrier of ESPN, as of 6:52pm CST, Korver was still warming up on the court prior to Atlanta’s Wednesday night game against New Orleans.

Central Notes: Middleton, Mirotic, Dunleavy, Pacers

The BucksKhris Middleton had successful surgery Wednesday on his ruptured left hamstring, the team announced on its website. Middleton is expected to be out of action for six months following the procedure, which was performed at the Hospital for Special Surgery in New York City. The fifth-year swingman, who signed a five-year, $70MM deal last summer, had his best season in 2015/16, averaging a career-high 18.2 points, 4.2 assists and 1.7 steals in 79 games.

There’s more tonight from the Central Division:

  • Nikola Mirotic seems to have the edge over Taj Gibson to be the Bulls‘ starting power forward, writes Mark Schanowski of CSNChicago. With the rest of the starting lineup seemingly set, power forward is Chicago’s most interesting position battle of the preseason. Schanowski believes Mirotic’s ability to stretch the floor in an otherwise shaky shooting lineup gives him the edge. Bobby Portis may be squeezed out of minutes unless he can earn time as a backup center.
  • After being traded from the Bulls to the Cavaliers over the summer, Mike Dunleavy says his new Cleveland teammates have a work ethic far beyond what he saw in Chicago, relays Chris Fedor of Cleveland.com. Dunleavy admired the humility the Cavs showed despite their success of the past two seasons and noted that the stars are willing to put in extra practice time. “I’ve been on a lot of teams where guys come and go, show up five minutes before practice and leave right after,” he said. “We have our best players here an hour and a half early and stay an hour and a half late. Quite honestly, that’s kind of new to me.”
  • New Pacers coach Nate McMillans nine-man rotation is virtually set, which leaves a lot of young players battling for very few minutes, according to Mark Montieth of NBA.comJeff Teague, Monta Ellis, Paul George, Thaddeus Young and Myles Turner will start, with Aaron Brooks, Rodney Stuckey, C.J. Miles and Al Jefferson as regular members of the rotation off the bench. McMillan said he will use 10 players per game if someone else shows they deserve to play, which may give hope to Glenn Robinson III, Joseph Young, Georges Niang, Kevin Seraphin, Lavoy Allen, Rakeem Christmas and Jeremy Evans.

Cavs Notes: Anthony, Smith, Dunleavy, D-League

Knicks star Carmelo Anthony is hoping his friend J.R. Smith can work out his contract situation in time to receive his championship ring on opening night, relays Marc Berman of The New York Post. New York will be the opponent when Cleveland starts its season October 25th, but Smith’s presence is far from guaranteed. The veteran shooting guard has been in a contract impasse with the Cavaliers all summer, reportedly wanting a $15MM annual salary, while the team wants something in the $10MM to $12MM range. Word broke this week of an “aggressive” offer by the Cavs, but the situation remains unresolved. “I don’t know what’s going on over there with that,” Anthony said. “I hope they don’t prolong the situation. He helped them win that championship. He was a major part of that team, and I hope they can get something done. If not, we’ll see him somewhere else.’’

There’s more news out of Cleveland:

  • After being with four other teams in his 14 NBA seasons, Mike Dunleavy is overjoyed to wind up with the Cavaliers, writes Sam Amico of AmicoHoops. Cleveland acquired Dunleavy in a deal with the Bulls when Chicago was trying to clear cap space to sign Dwyane Wade. The veteran swingman described the trade as “Christmas in July.” The Cavs plan to use him as a shooter to stretch the floor alongside LeBron James, and in combination with Richard Jefferson and Channing Frye to have three tall shooters on the floor at the same time. “I see myself being involved in whatever way, shape or form we need,” Dunleavy said. “It’s as simple as that. I can play a lot of different roles, anything necessary to get these guys back to the mountain top. Basically, Coach [Tyronn] Lue can use me however he wants. I’m just happy to be here.”
  • James can expect to see reduced minutes this season, as well as Kyrie Irving and Kevin Love, according to Jason Lloyd of The Akron Beacon Journal. After two consecutive seasons that stretched into late June, the Cavaliers will be emphasizing rest. Measures will include monitoring players’ energy levels and staying longer in cities after road games. “My thing is just making sure guys are healthy, continue to limit LeBron’s minutes … watch Kyrie’s minutes because we know we’re playing for something big,” Lue said. “We know when we get to the playoffs it’s going to require a lot of minutes so with those guys and with Kevin [Love], just have to watch guys getting to the red zone.”
  • Nate Reinking was named coach of the Cavaliers’ D-League affiliate in Canton, according to D-League Digest (Twitter link). He has been an assistant with the team since 2013.

Cavaliers Notes: Smith, McRae, Felder, Liggins

GM David Griffin isn’t concerned about the possibility of losing J.R. Smith, writes Sam Amico of Amicohoops. There reportedly has been little interest outside of Cleveland in the 30-year-old free agent shooting guard, who started 77 games during the regular season and was an important contributor to the Cavaliers’ championship run. “These things sometimes take time,” Griffin said. “When the time is right, something will get done. I’m very confident about that.” The team has remained in contact with with Smith, tweets Chris Haynes of Cleveland.com, who adds that Smith’s situation is not related to LeBron James‘ contract talks. Haynes says James is “no rush” to wrap up his new deal.

Bulls Send Mike Dunleavy To The Cavs

JULY 7th, 8:04pm: The trade is official, the Cavaliers announced.

JULY 6th, 9:06pm: The Bulls will send Mike Dunleavy to the Cavs, according to Adrian Wojnarowski of The Vertical (Twitter link). Cleveland will use a trade exception to bring Dunleavy to the team, Brian Windhorst of ESPN.com reports (Twitter link). LeBron James personally recruited Dunleavy as a free agent last summer, as K.C. Johnson of the Chicago Tribune mentions on Twitter.

The Bucks were also in pursuit of the veteran small forward, Marc Stein of ESPN.com tweets. Chicago needed to shed salary after agreeing to a deal with Dwyane Wade.

The defending champs were reportedly looking for a wing player this summer and Dunleavy should be a nice addition. He shot 39.4% from downtown in 31 games for the Bulls last season.

Central Notes: Pistons, Bucks, Bulls

The Pistons seem less likely to make any sort of move before this year’s trade deadline for a variety of reasons that Keith Langlois of Pistons.com runs down. One of the main reasons why Langlois expects the Pistons to be quiet is because of the amount of moves executive/coach Stan Van Gundy made last year that have seemingly positioned the franchise to compete for the foreseeable future. What’s more, as Langlois writes, Van Gundy is fond of this team and there is not even  an injury at this time that warrants Detroit making a move.

“I think we’re at the point that it would have to be anything that we would view as almost a no-brainer, a major upgrade,” Van Gundy said. “We’re not going to make any moves that would be lateral and we’re not going to move things we consider assets for guys on expiring contracts to just try to chase it for one year and then lose a guy. We’re still in the building phase and we’re going to protect our assets going forward.”

Here is more out of the Central Division:

  • The Bucks have not had enough time to evaluate their current starting five, so it is unclear if they will add to their bench or make a bolder move as the trade deadline draws near, Charles F. Gardner of the Journal Sentinel details. The Bucks employed a new starting group this season of Greg Monroe, Khris Middleton, Giannis Antetokounmpo, Jabari Parker and Michael Carter-Williams. The Bucks are an interesting team because they made moves in the summer with the hopes of making it to the playoffs, but are 20-32. Milwaukee, as a midmarket team, must use the draft and trades wisely to build a consistent winner, Gardner writes.
  • Mike Dunleavy Jr., 35, made his season debut Saturday for the Bulls and scored five points in 14 minutes. Dunleavy signed a three-year, $14.5MM contract last summer with the final year non-guaranteed. “A little late to the party, but good to be back,” Dunleavy said, per Nick Friedell of ESPN.com (ESPN Now link). “I felt quite honestly like I hadn’t played in eight months, but got a little better rhythm in the second half. And just testing out my hops again with that dunk.”

D-League Notes: Motiejunas, Dunleavy, Whittington

The NBA’s relationship with the D-League continues to grow, and this season a total of 19 NBA teams possess one-to-one affiliations with D-League clubs. Those 11 NBA teams without their own D-League squads this season have to assign players to D-League clubs affiliated with other NBA franchises. We at Hoops Rumors track all the NBA D-League assignments made during the course of the season and you can view the complete tracker, which is updated regularly, here.

Here are the D-League happenings for today:

  • The Pacers recalled center Shayne Whittington from their D-League affiliate, the team announced. Whittington has appeared in 24 games for the Mad Ants, averaging 12.0 points, 8.1 rebounds, and 1.5 steals per game during his four stints with the team this season.
  • The Bulls have recalled small forward Mike Dunleavy from the Warriors’ D-League affiliate, where the Bulls had sent him via the flexible assignment rule, the team announced via press release.
  • The Grizzlies recalled James Ennis and Jarell Martin from their D-League affiliate earlier today and later reassigned the pair to the Iowa Energy, the team announced. This will mark Ennis’ eighth jaunt to the D-League on the season and Martin’s fifth.
  • The Jazz recalled big man Tibor Pleiss from the Idaho Stampede, their D-League affiliate, the team announced.
  • The Rockets have reassigned Donatas Motiejunas to their D-League affiliate, the team announced. As was the case with his previous assignment this season to Rio Grande Valley, both Motiejunas and the NBPA had to sign off on the move because he is a fourth-year veteran.

D-League Notes: Dunleavy, Dinwiddie, Harrison

The Bulls have assigned veteran small forward Mike Dunleavy to the D-League’s Santa Cruz Warriors as he continues to rehab from a back injury that has kept him out all season, the club announced on Monday. Dunleavy will practice there during the Bulls’ West Coast swing but will not appear in a game, Marc J. Spears of Yahoo Sports tweets. The most prominent player to appear in a D-League game this season was Pistons point guard Brandon Jennings, who played one game with the team’s affiliate in Grand Rapids in December while rehabbing from an Achilles tendon injury.

In more news involving the D-League:

  • Pistons point guard Spencer Dinwiddie has averaged 16.7 points and 6.1 assists in 10 games since he was assigned to Grand Rapids on January 7th. But coach Stan Van Gundy has no plans to bring him back to Detroit in the near future. “Right now, with three healthy point guards, there’s not much reason to bring him back here and sit in street clothes out there,” Van Gundy told the assembled media over the weekend, including Hoops Rumors. “I think it’s better for his development that he gets a chance to play and practice every day.”
  • The Hornets reassigned rookie point guard Aaron Harrison to the D-League’s Oklahoma City Blue on Monday, the NBA club announced on its website. Harrison, who played one game with the Blue in January, has appeared in 13 games for Charlotte. The Hornets do not have their own D-League affiliate.
  • Hawks center Edy Tavares has returned from his D-League stint with the Austin Spurs, Chris Vivlamore of the Atlanta Journal-Constitution tweets. Tavares was assigned to Austin on January 27th.
  • The Spurs recalled point guard Ray McCallum from Austin, the team tweets. McCallum has appeared in 20 games with San Antonio this season and seven with its D-League affiliate.
  • The Timberwolves recalled power forward Adreian Payne from the D-League’s Erie BayHawks, according to Jerry Zgoda of the Minneapolis Star Tribune (Twitter link).  The team’s PR department later confirmed the move. Payne has appeared in 30 games with the Timberwolves and three with the BayHawks this season.

And-Ones: Dunleavy, Thomas, Cameras, D-League

Mike Dunleavy Jr., who hasn’t played since undergoing offseason back surgery, could return before the All-Star break, according to Nick Friedell of ESPNChicago.com. Proclaiming himself “pain free,” Dunleavy said he hopes to practice with Golden State’s D-League affiliate, the Santa Cruz Warriors, during the Bulls‘ road trip this week. “I feel good,” Dunleavy said. “I’m getting real close. I’m going to spend some time down there next week with the D-League team, some practices. Try to get a little more rhythm and repetition because obviously our team is playing too many games. Gotta get that done and then see where we’re at.” The veteran small forward added that he won’t rush to return and will only play when he’s sure his back is ready.

There’s more tonight from around the world of basketball:

  • Tyrus Thomas, the No. 4 pick in the 2006 draft, has found peace while playing in Germany’s Bundesliga league, writes K.C. Johnson of The Chicago Tribune. Thomas has barely played in the NBA since Charlotte used the amnesty clause to unload his contract in 2013. He signed a 10-day deal with the Grizzlies last year, appearing in two games, and spent much of the season in the D-League. “My career didn’t end the way I wanted,” Thomas said. “But I’m not trying to make up for anything. I’m grateful with the way my career played out because I don’t think I would be the man that I am now if I wouldn’t have had the hardships that I had.”
  • The NBA has isued an immediate ban on midcourt sideline television cameras, according to Brian Windhorst of ESPN.com. The move was prompted by a minor injury to referee Scott Wall, who tripped over a cameraman during a January 21st game in Denver. LeBron James was involved in a similar incident during last year’s Eastern Conference Finals.
  • The Rockets have assigned K.J. McDaniels and Donatas Motiejunas to their D-League affiliate in Rio Grande Valley, the team tweeted today. Both Motiejunas and the NBPA had to sign off on the move because he is a fourth-year veteran.
  • The Raptors recalled Anthony Bennett and Bruno Caboclo from their D-League affiliate this evening, the team tweeted.