HoopsHype Marreese Speights rumors

February 19, 2013 Updates

There was little chatter regarding the Cavs during the All-Star break in Houston, and for all the conjecture over Mo Speights’ future, multiple sources said over the weekend and again on Tuesday his name has yet to really gain traction in any trade talk. Akron Beacon Journal

February 4, 2013 Updates

However, Speights didn’t have a tough decision to make. He had always wanted to play in Cleveland, dating all the way back to the 2008 NBA Draft. Speights thought he was going to be drafted by the Cavaliers at No. 19, but the Philadelphia 76ers selected him three picks before Cleveland would go on the clock. “A lot of people don’t know that I’m the one who signed off on getting traded,” Speights said. “I came here because I knew they had a young team, great city and great fans. I always wanted to be here.” HoopsWorld

February 3, 2013 Updates
January 31, 2013 Updates

These Grizzlies aren't the Lakers, and they don't get a lot of chances at making a deep playoff run. They could've hung in there for this season, but instead bailed on it. Across the NBA, front offices were incredulous with the way that Memphis unloaded Marreese Speights, Wayne Ellington and Josh Selby, along with a future first-round pick, in a salary dump to Cleveland last week. Several league executives insisted Memphis could've waited until closer to the deadline, traded the parts individually and, minimally, received returns on Speights and Ellington. "Beyond a panic move," one Eastern Conference GM said. "Cleveland would always be there with that deal." Yahoo! Sports

January 27, 2013 Updates

The Cavs' trade with Memphis illustrated what a team armed with cap space can accomplish. Whenever a team can turn Jon Leuer into Marreese Speights and a first-round pick, it's a win. The deal was lopsided and a feather in Grant's cap. The Grizzlies needed to get under the luxury-tax threshold. His last two transactions have helped re-shape the team. His waiver claim of journeyman Shaun Livingston was also a shrewd move. Grant will be on the prowl for more young talent at the Feb. 21 deadline. Three players with expiring contracts, Luke Walton, Daniel Gibson and Omri Casspi, could be moved. ESPN's Marc Stein said not to be surprised if the Cavs flop Speights to another team at the deadline. News-Herald

Speights had the ability to veto his inclusion in the trade to the Cavs. By doing so, he gave up his "Bird" rights, which means the Cavs cannot exceed the cap to re-sign him. He has a player's option on his contract for next year worth $4.5 million. If he plays well in the second half of the season, agent Andy Miller might recommend pursuing a multiyear deal. News-Herald

January 26, 2013 Updates

Cavaliers general manager Chris Grant has been tracking Marreese Speights since the big man was playing at Florida. And Cleveland could certainly use a boost on the front line after announcing this week that Anderson Varejao would be lost for the season after his recent leg surgery left the Brazilian with a blood clot in his right lung. ESPN.com

Don't be shocked if the Cavaliers decide to move Speights on again before the Feb. 21 deadline. The Cavs obviously aren't in the playoff hunt and word is they're already receiving interest in Speights, who possesses a $4.5 million player option for next season. The Cavs are also armed with $12 million in expiring contracts and roughly $4 million in leftover cap space for the summer, which means they've got the tools to continue to be active before this deadline. ESPN.com

January 22, 2013 Updates

The Memphis Grizzlies acquired forward Jon Leuer (LOO-er) and a trade exception from the Cleveland Cavaliers in exchange for forward/center Marreese Speights, guards Wayne Ellington and Josh Selby and a protected future first round draft pick, Grizzlies General Manager and Vice President of Basketball Operations Chris Wallace announced. Currently in his second professional season, Leuer (6-10, 228) recorded 19.5 points, 12.3 rebounds and 1.8 assists on .512 shooting (.467 3FG) in 36.5 minutes in eight games (seven starts) for Cleveland’s exclusively-owned NBA Development League team, the Canton Charge. The 23-year-old also has made nine appearances for the Cavaliers this season, averaging 2.4 points in 10.1 minutes. NBA.com

The Cleveland Cavaliers have acquired forward/center Marreese Speights, guard Wayne Ellington, guard Josh Selby and a future first round draft pick from the Memphis Grizzlies in exchange for forward Jon Leuer, Cavaliers General Manager Chris Grant announced today from Cleveland Clinic Courts. The Cavaliers also waived guard Jeremy Pargo. “Marreese will strengthen our front court, while Wayne and Josh will add depth to our back court. At the same time, we are adding a valuable asset with another future first round pick, while also maintaining our future flexibility,” said Cavaliers General Manager Chris Grant. “We wish Jon and Jeremy the best as they move on with their careers and thank them for their time with us here in Cleveland.” NBA.com

Ronald Tillery: Source confirms Speights, Ellington, Selby and protected first in 2015 to Cavs. Griz receive Jon Leuer and $6.4 million trade exception Twitter @CAGrizBlog

However, it is important to the Grizzlies because it saves them roughly $6.2 million in salary, getting them below the $70.3 million luxury tax threshold and helping them avoid tax payments after the season. The Grizzlies, recently purchased by Robert Pera, who has restructured the front office, had been shopping forward Rudy Gay in an effort to trim salary. This might be a sign that Memphis is willing to keep Gay and see how the season plays out. USA Today Sports

November 3, 2012 Updates
October 16, 2012 Updates
August 21, 2012 Updates

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