Found January 22, 2013 on
This would be considered a “salary cap” trade and it gets the Grizzlies about $6 million under the luxury tax without having to give up any of their star players.
The Grizzlies traded forward Marreese Speights, guards Wayne Ellington and Josh Selby and a second-round pick to the Cleveland Cavaliers for guard Jon Leuer on Tuesday morning, sources told Yahoo! Sports.
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The Memphis Grizzlies, long rumored to be shopping Rudy Gay and Zach Randolph, have finally made a deal. But it's not for Gay or Z-Bo.
ESPN reports that the Grizzlies are shipping reserves Marreese Speights, Wayne Ellington and Josh Selby (and likely a future-first round draft pick, according to the Cleveland Plain Dealer) to the Cleveland Cavaliers for Jon Leuer (and likely...
According to multiple reports, including Yahoo!'s Marc Spears, the Cleveland Cavaliers have traded Jon Leuer for what at first appeared to be half of the NBA.
Those players have since been identified as Memphis Grizzlies' Marreese Speights, Josh Selby and Wayne Ellington.
There is also a draft pick included in this package that will be sent to Cleveland as well, but...
As you’ve probably heard by now, the Memphis Grizzlies and Cleveland Cavaliers completed the first significant deal of the ’12/13 NBA trade season earlier today. In a move made primarily to save the Grizzlies approximately $6 million in salary (which they needed to do to get under the cap), backup center Marreese Speights, three-point specialist Wayne Ellington, and second...
The Memphis Grizzlies have agreed to trade Marreese Speights, Wayne Ellington, Josh Selby and a future first-round draft pick to the Cleveland Cavaliers for Jon Leuer.
The trade Tuesday is the first big move by the Grizzlies' new ownership and clears about $6 million in salary in getting Memphis under the luxury tax threshold this season. The Grizzlies rank fourth in the West...
The Memphis Grizzlies and Cleveland Cavaliers completed a four player trade. The deal allows the Grizzlies to shed $6 million in payroll to slide under the luxury tax bar.
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Maybe the Cavaliers should change their popular slogan from All for One to One for Three (and a first-round draft pick).
Thats what general manager Chris Grant did on Tuesday --sending reserve big man Jon Leuer to the Memphis Grizzlies for forward Marreese Speights, shooting guard Wayne Ellington and point guard Josh Selby. The Cavs also obtained a first-round draft pick in the...
The Memphis Grizzlies have agreed to trade Marreese Speights, Wayne Ellington, Josh Selby and a future draft pick to the Cleveland Cavaliers for Jon Leuer, according to a source.
The Grizzlies will save approximately $6 million with the trade, allowing management to avoid $4 million in luxury tax penalties.
The trade will allow the Grizzlies to keep Rudy Gay without tax...
The chatter involving Memphis forward Rudy Gay isn’t going away, and league sources say the Grizzlies will take another stab at moving him before the trading deadline. If Gay is moved, one source said, expect it to be no sooner than right after the All-Star break.
Teams reportedly having the deepest discussions with the Grizzlies include Charlotte, Minnesota, Phoenix and, more...
The Grizzlies will save approximately $6 million with the trade.
According to SB Nation, the Memphis Grizzlies are looking to solidify their bench after trading Marreese Speights and Wayne Ellington. The Grizzlies are looking to sign guard Delonte West, forward Bill Walker and Sasha “The Machine” Vujacic. Delonte West has been a journeyman and still has the abilities to handle [...]
EDIT: It appears this trade is agreed upon and just waiting for league approval.
According to ESPN’s Brian Windhorst, the Cleveland Cavaliers and Memphis Grizzlies are in talks on a deal that would see Jon Leuer sent to Memphis and Marreese Speights, Wayne Ellington, and Josh Selby coming to Cleveland. Per Windhorst, draft picks would also be included in the deal.
Everyone was under the impression the it would be Rudy Gay on the move, but maybe not.
Source says that the Memphis Grizzlies may keep Rudy Gay, and instead trade Zach Randolph to the Houston Rockets. Houston loves Randolph.
— Alex Kennedy (@AlexKennedyNBA) January 20, 2013