HoopsHype.com Rumors

“We’re excited to see what he can do,” Grizzlies general manager Chris Wallace said. “We’re a team that needs more outside shooting ... We’re eager to see what he can do.” Leuer is hoping to make his Grizzlies’ debut Friday night when the team hosts Brooklyn at 7 p.m. at FedExForum. “It’s a great mood around here, a great atmosphere to be around,” he said. “I’m really looking forward to just getting out there and doing whatever I can to help this team.” Memphis Commercial Appeal

Memphis Grizzlies, Jon Leuer 

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

Cleveland Cavaliers, Memphis Grizzlies, Draft, Trade, Wayne Ellington, Marreese Speights, Jon Leuer, Josh Selby 

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

Cleveland Cavaliers, Memphis Grizzlies, Trade, Wayne Ellington, Marreese Speights, Jon Leuer, Josh Selby, Jeremy Pargo 

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

Cleveland Cavaliers, Memphis Grizzlies, Draft, Trade, Marreese Speights, Jon Leuer 

In a much- desired need to get under the NBA's luxury tax, the Memphis Grizzlies traded forward-center Marreese Speights, guards Josh Selby and Wayne Ellington and a future draft pick to the Cleveland Cavaliers for guard Jon Leuer, a person familiar with the deal told USA TODAY Sports on Tuesday. USA Today Sports

Cleveland Cavaliers, Memphis Grizzlies, Draft, Trade, Wayne Ellington, Marreese Speights, Jon Leuer, Josh Selby 

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

Cleveland Cavaliers, Memphis Grizzlies, Draft, Trade, Rudy Gay, Wayne Ellington, Marreese Speights, Jon Leuer, Josh Selby, Robert Pera 

Brian Windhorst: Just filed to ESPN: Cavs & Grizzlies are in talks on a deal that would send Marreese Speights & Josh Selby for Jon Leuer. Picks involved Twitter @WindhorstESPN

Cleveland Cavaliers, Memphis Grizzlies, Trade, Marreese Speights, Jon Leuer, Josh Selby 

Marc J. Spears: Grizzlies trade Speights, Selby and pick to Cavs for Lauer, source said. Cavaliers also get a second round pick in trade. Twitter @SpearsNBAYahoo

Cleveland Cavaliers, Memphis Grizzlies, Trade, Marreese Speights, Jon Leuer, Josh Selby 

Emiliano Carchia: The Cleveland Cavaliers toady assigned second-year forward Jon Leuer to the Canton Charge Twitter @SportandoBasket

Cleveland Cavaliers, D-League, Jon Leuer 

Jon Leuer: Sooooooo many political adds here in Ohio. Can definitely tell this is a swing state Twitter @JLeu30

Jon Leuer 

The Cleveland Cavaliers have claimed forward Jon Leuer off waivers from the Houston Rockets, Cavaliers General Manager Chris Grant announced today from Cleveland Clinic Courts NBA.com

Cleveland Cavaliers, Houston Rockets, Chris Grant, Jon Leuer 

"Jon is a young, athletic, hard-working post player. He will add depth and also bring a perimeter shooting element to our big positions,” said General Manager Chris Grant. “We’re happy to add Jon to our team and looking forward to his continued growth and development as a Cavalier.” NBA.com

Cleveland Cavaliers, Houston Rockets, Chris Grant, Jon Leuer 

Jerry Zgoda: Wolves put in a waiver claim for Jon Leuer but Cleveland got him first Twitter

Cleveland Cavaliers, Minnesota Timberwolves, Free Agency, Jon Leuer 

Zach Lowe: Cavs will sign Jon Leuer, waived this week by Houston. Twitter

Cleveland Cavaliers, Minnesota Timberwolves, Free Agency, Jon Leuer 

But the Timberwolves are considering former Orono High School star Jon Leuer, who currently is going through waivers, a person with knowledge of the situation told the Pioneer Press. St. Paul Pioneer Press

Minnesota Timberwolves, Free Agency, Jon Leuer 

Though management isn't commenting publicly, these moves would suggest the Bulls won't match Asik's offer, which contains a so-called "poison pill" third-year salary of close to $14.9 million. The Rockets waived Jon Leuer and Jerome Jordan on Wednesday and will sign Asik to his offer sheet when those players clear the 48-hour waiver process. Chicago Tribune

Chicago Bulls, Houston Rockets, Free Agency, Jerome Jordan, Jon Leuer 

Jonathan Feigen: The Rockets have waived Jon Leuer and Jerome Jordan. When they clear waivers, Rockets will sign Omer Asik to offer sheet. Twitter

Houston Rockets, Free Agency, Omer Asik, Jerome Jordan, Jon Leuer 

Jonathan Feigen: Couple summer league updates: Jai Lucas, Jerai Grant did not make team. Jon Leuer practiced, not playing; Ish Smith out w shoulder injury. Twitter

Summer League, Injuries, Ishmael Smith, Jon Leuer, Jerai Grant, Jai Lucas 

Even as they acquired the 12th pick in the first round of Thursday's NBA Draft from Milwaukee in a deal that sent center Samuel Dalembert to the Bucks along with the 14th overall pick and guard Shaun Livingston and forwards Jon Leuer and Jon Brockman, the Houston Rockets were still trying to move even higher, into the top 10. But their offer of guard Kyle Lowry along with the 16th pick overall to the Sacramento Kings in exchange for the fifth pick overall and forward Chuck Hayes was rejected Wednesday by Sacramento, according to league sources. NBA.com

Houston Rockets, Milwaukee Bucks, Sacramento Kings, Draft, Trade, Samuel Dalembert, Kyle Lowry, Jon Brockman, Shaun Livingston, Chuck Hayes, Jon Leuer 

Jon Leuer: Loved my time in Milwaukee and grateful the bucks gave me my first opportunity in the NBA. Looking forward to being a rocket! Twitter

Houston Rockets, Milwaukee Bucks, Jon Leuer