The reported deal between the Cleveland Cavaliers, Brooklyn Nets, and Boston Celtics was official announced. The biggest part of the trade for the Cavs was for cap space. They cleared enough room to give LeBron James a max contract of about $20 million a year. Their cap space is estimated to be around $22 million after this trade. Along with the cap room, the Cavs acquired Boston’s 2015 second round pick (top 55 protected), the rights to Ilkan Karaman, and the rights to Edin Bavcic. The 2015 second round pick will not extend into future years even if the Cavs do not receive it in 2015. In the trade, the Nets received Jarrett Jack and Sergey Karasev. The Celtics received Tyler Zeller, Marcus Thornton, and the Cavs’ 2016 first round pick (top 10 protected). The Cavs’ 2016 first round pick sent to Boston is top 10 protected in 2016, 2017 and 2018, but will be unprotected in the 2019 draft.
This trade was all about cutting big contracts and making cap space for the team to be active in free agency this offseason. According to ESPN’s Brian Windhorst, the trade was not done for the sole purpose of making room for LeBron. The Cavs received rights to Ilkan Karaman and Edin Bavcic in this trade, too. Ilkan Karaman, 24, was selected by the Brooklyn Nets with the 57th pick of the 2012 NBA Draft. He most recently played in the Turkish Basketball League for Fenerbahçe Ülker. Edin Bavcic, 30, was originally selected by the Toronto Raptors with the 56th overall pick of the 2006 NBA Draft. He currently plays for KAOD in Greece.
Cavs planned to make version of this trade regardless of LeBron plans, sources say. Should not be indication any LeBron decision reached.
— Brian Windhorst (@WindhorstESPN) July 9, 2014