Trade Rumors

Cavs considering trade for Joe Johnson

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The Cleveland Cavaliers are considering trading for Brooklyn Nets star Joe Johnson with their Brendan Haywood contract chip, sources told ESPN.com. Haywood has a $10.5 million nonguaranteed contract if waived before Aug. 1, an asset that has gained in value over the last several days as other teams use up their cap space. The Cavs have been looking for perimeter help with Haywood’s contract and Johnson would certainly provide a major boost as an additional scoring and shooting option.
This rumor is part of a storyline: 6 more rumors
One possible option for the Cavs would be sending big man Anderson Varejao to the Nets in such a deal. Varejao will make $9.6 million this upcoming season as part of an extension he signed last year. Varejao is coming off of a ruptured Achilles tendon he suffered last December but is on track to return by the start of the season.
This rumor is part of a storyline: 6 more rumors
Adrian Wojnarowski: Sources: Final issue still being worked out in trade — fiitting Hibbert’s 15 percent trade kicker into Lakers room. Sides working that out. Trade kicker is $2.3M bonus Pacers pay Hibbert — but impacts Lakers salary cap. No deal can be completed until July 9. Time to complete it. Lakers angling to preserve as much salary cap space as possible — and bring on Hibbert in the deal. Sides believe it’ll get worked out.