Late last night, Adrian Wojnarowski broke the story that the Mike Miller and Brendan Haywood are being traded to Portland for a pair of trade exceptions. Cleveland will receive a $10.6 million dollar exception for Haywood, and a $2.96 million dollar exception for Mike Miller. In addition Portland will receive the better of Cleveland’s two 2019 second round picks, and a 2020 second round pick. Many expect Miller to seek a buyout and look to play for a contender. The fact that Portland reportedly sent cash to the Cavs makes this seem strange to me (cash is often conveyed to cover the cost of a buyout). For any of you wondering if Miller could join the Cavs à la Zydrunas Ilgauskus, the NBA closed that loophole. Miller has to wait one year before signing with Cleveland.
What does this mean for The Cavs? (more…)