Found January 22, 2013 on
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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-year prospect/ROY vote getter/reigning Summer League MVP Josh Selby were sent to the Cavs in exchange for Jon Leuer, a jump-shooting power forward who has only appeared in nine games this season. In addition to the three players, the Grizzlies shipped their 2015 first-round draft pick (top five protected) to Cleveland.
Reactions to the trade seem to be mixed. Some who support the Grizzlies are relieved that the team is now under the cap — meaning that they ought not feel pressured to trade Rudy Gay or Zach Randolph anymore; at least not for now — while others are perturbed by the new ownership group’s desperation to save money. Personally, I feel like the Grizzlies gave up an awful lot to dump $6 million in salary, but ultimately I think people are missing the point. Allow me to explain.
At the time of this trade the Grizzlies were already carrying the league minimum of 13 players. Now they’ve gone and swapped three players for one, so they’re going to have to sign some people. Being that this deal was made to save money, these people are going to have to be willing to work for a minimum salary. Two such people are Bill Walker and Delonte West, who, according to reports, will soon become the newest members of the Grizzlies.
Delonte West. Tony Allen. Zach Randolph. The three of them, on one NBA basketball team. Think about that for a moment.
Financial motives considered, I can’t be mad at Robert Pera for making this move. In fact, I salute him. Basically, he did the first thing any hardcore NBA fan would do if they had a billion dollars — buy a team and assemble the most fascinatingly-charismatic trio of loveable oddballs in all the league.
Pera, you are my hero. Tony Wroten, you’re on donut duty.
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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...
The Memphis Grizzlies have been soiled in trade rumors for the past few weeks with Rudy Gay’s and Zach Randolph’s names being mentioned, but it looks as if those franchise guys will be saved thanks to a salary-cut trade the Grizzlies made with the Cleveland Cavaliers via Y! Sports: The Grizzlies traded forward Marreese Speights, guards [...]The post Report: Memphis Grizzlies...
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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The post Memphis Grizzlies and Cleveland Cavaliers complete four player trade appeared first on Players View Dot Net.
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.
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...
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 [...]
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 Grizzlies will save approximately $6 million with the trade.
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.
MEMPHIS, Tenn. -- In the wake of a three-player trade that supposedly depleted the Memphis Grizzlies' bench, a funny thing happened Wednesday night in FedExForum. The old Grizzlies -- the ones who played with boundless energy and fire, the ones who acted like they owned the court in the first two months of the season, the ones who hadn't been seen for a while -- showed...
Ray Allen was obviously the hugest story of the off-season from a Celtics perspective. The aging veteran's contract was up and, after being delegated to a bench role, he decided to take his talents - along with a sizable paycut - to South Beach and the rival Miami Heat.
Ray was called Judas and much worse before fans moved onto getting excited about Jason Terry and Courtney...