Found July 25, 2012 on Waiting For Next Year:
The Cleveland Cavaliers have acquired point guard Jeremy Pargo, Memphis’ 2014 second round draft pick and cash considerations from the Memphis Grizzlies in exchange for guard/forward D.J. Kennedy. “Our approach remains consistent as we try to bring in young talent, create future opportunity with draft picks as potential assets and maintain flexibility,” said Cavaliers General Manager Chris Grant. “Jeremy adds depth to our backcourt. He is a young, aggressive, athletic guard who we feel fits well with our style of play, both defensively and offensively. We look forward to welcoming him to Cleveland.” Likely serving as a back-up to reigning Rookie of the Year Kyrie Irving going forward, Pargo, 26, played in 44 games (five starts) with Memphis last season, averaging 2.9 points and 1.3 assists in 9.7 minutes per game after signing with the Grizzlies as an undrafted free agent. In the 2010-11 season, Pargo appeared in 32 games for Maccabi Electra Tel-Aviv of the Israel Premier League and averaged 10.0 points, 3.5 rebounds and 6.3 assists in 27.1 minutes per game. He also appeared in 22 Euroleague games, averaging 13.0 points, 3.5 rebounds and 4.3 assists in 29.4 minutes per game. He also did this roughly one week ago. Kennedy appeared in two game for the Cavs last season and averaged 6.0 points, 3.5 rebounds and 1.5 assists in 29.5 minutes per game after being signed by Cleveland on April 21, 2012. [Related: NBA Trade Rumors And The Dan Gilbert Narrative]

NBA News: Cavaliers Gee may opt for Unrestricted Free Agency

Could Cleveland Cavaliers small forward Alonzo Gee be an unrestricted free agent in 2013? With the Las Vegas summer league over and teams still scooping up free agents, Gee, dubbed a priority just one month earlier, remains unsigned. The Cavaliers extended a $2.7 million offer sheet to Gee, but the NBDL pick-up-turned-starter has yet to receive an offer from any of the other 29 NBA...

After flirting w/ blockbusters, Cavaliers make deal for Jeremy Pargo

Chris Grant has seemingly involved himself in every major NBA trade discussion this off-season. He's appeared to engage teams desperate to make monumental moves as a third-party facilitator in hopes to fleece somebody for an undervalued asset along the way. Wednesday was not one of those deals. In a straight-up exchange with the Grizzlies, Chris Grant pulled the trigger on a...

Plain Dealer Report: Gee Wants to be in Cleveland

According to a tweet sent by either Mary Schmitt Boyer or Jodie Valade (they share access to @PDcavsinsider), restricted free agent Alonzo Gee would prefer to stay a member of the Cavaliers. FA Alonzo Gee tells @pdcavs insider he wanrs to stay with #Cavs.”This is where I want to be.” — M.S. Boyer/J. Valade (@PDcavsinsider) July 26, 2012 As best we can tell, no other club...

Grizzlies acquire Kennedy from Cavs for Pargo, pick

The Cleveland Cavaliers have traded swingman D.J. Kennedy to the Memphis Grizzlies on Wednesday for guard Jeremy Pargo and a 2014 second-round draft pick. Kennedy, 6-6, who spent most of last season with the Erie Bayhawks of the NBA Development League, averaged 6 points and 3.5 rebounds in two games with the Cavaliers. The former St. John's star averaged 15.7 points and 7.3...

Cavaliers acquire PG Pargo from Grizzlies

CLEVELAND (AP) -- The Cavaliers acquired point guard Jeremy Pargo, a second-round draft pick in 2014, and cash considerations from the Grizzlies in exchange for guard-forward D.J. Kennedy on Wednesday. Pargo, 26, played in 44 games with Memphis last season, averaging 2.9 points and 1.3 assists in 9.7 minutes. In 2010-11, Pargo played in the Israel Premier League and averaged 10...

Cavs acquire PG Pargo from Grizzlies

The Cavaliers acquired point guard Jeremy Pargo, a second-round draft pick in 2014, and cash considerations from the Grizzlies in exchange for guard-forward D.J. Kennedy on Wednesday. Pargo, 26, played in 44 games with Memphis last season, averaging 2.9 points and 1.3 assists in 9.7 minutes. In 2010-11, Pargo played in the Israel Premier League and averaged 10 points, 3.5 rebounds...

North Carolina Basketball: Former Heel Tyler Zeller has a let down vs the Timberwolves

As we keep looking at the 2012 Summer League match ups that involved the former North Carolina Basketball players this post will deal with Tyler Zeller, the seven footer who probably had his less productive game in the Vegas tournament. His Cleveland Cavaliers (2-2) lost to the Minnesota Timberwolves (2-1), at a game played at Cox Pavilion, Las Vegas, NV, by the final tally of 78...

Cavaliers Have Paid 6th Highest Amount in Luxury Taxes

The luxury tax in the NBA has been around for 11 years now already. According to Mark Deeks of, in that time, 23 of the league’s 30 franchises have paid luxury taxes. The 7 teams who have never paid luxury taxes are the Bulls, Bobcats, Warriors, Clippers, Hornets, Thunder, and Wizards. Of possible interest to Cleveland fans is that the Cavaliers have paid the 6th...

Jamison chasing title to cap deserving career

EL SEGUNDO, Calif -- On the surface, Antawn Jamison has had a pretty incredible basketball career. While attending North Carolina, he was the AP Player of the Year, John Wooden Award Winners and the Naismith Men's College Basketball Player of the Year during his final season of 1997-98. He was drafted fourth overall by the Toronto Raptors, then dealt to the Golden State Warriors...

Tristan Thompson Ready To Assume Leadership Role With Cavs

Tristan Thompson plans to stay in Cleveland this summer to work with teammates and the Cavaliers coaching staff.

Gilbert Arenas Lists Virginia Mansion With Insane Pool/Grotto/Shark Tanks!; $3.5M

Gilbert, Gilbert, Gilbert. Where to begin. Back in 2008 he was wrapping up the prime of his career, and the Wizards were actually a decent team. Arenas probably got on his high horse, started dropping millions into this place and before he knew it, it was 2012 and he was struggling to find an NBA team. That’s right about the time these morons realize that million dollar pool might...

Marc Gasol disses Team USA by saying 1992 Dream Team would beat them

Previously on That NBA Lottery Pick, we featured a story about Michael Jordan saying that the 1992 Dream Team would this year's version of the 2012 USA Basketball team.Well before the start of Team USA's exhibition against Spain today, Spanish center Marc Gasol decided to rip into Team USA saying that they would be beat by double-digits by the Dream Team:(Courtesy of Hoops Hype Twitter)

Wolves acquire forward Cunningham in trade

MINNEAPOLIS In their second roster move in four days, the Timberwolves traded Wayne Ellington to the Memphis Grizzlies for forward Dante Cunningham on Tuesday.Ellington was the 28th pick in the 2009 draft, and he played the first three seasons of his career with the Timberwolves. His numbers were constant throughout he averaged 6.6 points per game in his first two seasons and 6...

Grizzlies trade F Cunningham to T-Wolves

MINNEAPOLIS (AP) -- The Minnesota Timberwolves have acquired forward Dante Cunningham from the Memphis Grizzlies in exchange for guard Wayne Ellington. Cunningham was selected by the Portland Trail Blazers in the second round of the 2009 NBA draft. In three seasons, the 6-foot-8 forward has averaged 5.2 points, on 48.5 percent shooting, and 3.3 rebounds in 205 games. Cunningham...

We Got Him Too

He's not white, but at least he's a much needed big-man (at least, bigger than Wayne Ellington. I think. Maybe.)  CAN YOU FEEL IT?!?Jerry Zgoda reporting: That Wolves trade that has been in the works for days and days -- shooting guard Wayne Ellington to Memphis for forward Dante Cunningham -- will finally be official later today. The Wolves are dealing away a 2009 first...
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