Cavs complete a sign-and-trade deal with the Miami Heat

July 10th, 2010 by John Krolik

So the good news is that the Cavs are getting something back for LeBron James after all. According to Windhorst, the Cavs will be getting two first-round picks from the Heat sometime between 2013 and 2017, a 2012 second-round pick from New Orleans, a future second-round pick, and a $16 million trade exception.

The details of this are complicated, but basically this allows Miami to pay LeBron less earlier in his contract, gives the Cavaliers something something for giving up LeBron, and helps Miami improve in the short term while giving the Cavs a better chance to rebuild.

It looks like the plan is to try and use the picks as assets in a trade and try for another winning season rather than try a full rebuild. Not sure how I feel about that as a five-year plan, but it looks like the management wants to give the fans something to root for next season. Can’t say I disagree with that logic.

I would have something to say about the press conference fiasco, but I was at summer league watching basketball. I really don’t feel like I missed something important. Until tomorrow, everyone.