Reaction: Cavs trade Leuer to Grizzlies for Speights, Selby, Ellington

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 what exactly that pick is hasn't been identified at the time I'm writing this.  Hoopsworld is reporting that pick could be a 2015 first rounder with a top-5 protection. Maybe it's a second. I'll update this post later once we find out.  In any event, this is a move made by the Memphis Grizzlies that was facilitated by the NBA's new luxury tax structure. After exploring possible trades for Rudy Gay and Zach Randolph, the Grizzlies appear to have settled on avoiding the tax by moving the dollars owed to Speights, Selby and Ellington. That number is approximately $7 millio...