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Chris Vivlamore: Mike Dunleavy Jr. has passed his physical. Deal officially done.
The 2016 NBA Champion Cleveland Cavaliers have acquired guard Kyle Korver from the Atlanta Hawks in exchange for guard/forward Mike Dunleavy, guard Mo Williams, cash considerations and a protected first round draft pick (first possible pick is Cleveland’s 2019 first round pick), Cavaliers General Manager David Griffin announced today from Cleveland Clinic Courts.
“We are extremely pleased to be able to add a player and person the caliber of Kyle Korver to our Cavs family,” said Griffin. “Among the most prolific and dynamic three-point shooters in NBA history, a selfless, and team first competitor, Kyle brings all of the elements of Cavs DNA that we covet on and off the floor. We look forward to welcoming Kyle, his wife, Juliet and their three children to Northeast Ohio and are certain our fans will embrace them with open arms.”
“We are incredibly grateful to Kyle for his contributions to the Hawks over the last five years,” Budenholzer said. “He is a professional in every sense of the word and played a significant part in establishing our culture and in the success this franchise has seen. This is a difficult decision, but one we felt was in the best interest of the organization.”
DeMarre Carroll’s sage words on Cleveland after the Kyle Korver trade: “I think Cleveland, they are always challenging. First of all, we got to get one win against them before we can even think about talking about Cleveland,” he said. “Right now, we just got to keep getting better. Try to get guys back healthy. Hopefully having Sullinger back will give us that physical nature we need, going against a good team like that.”
Adrian Wojnarowski: Sources: Mo Williams still strong possibility to join Dunleavy in Korver deal. Cavs save $5.4M in salary and tax w/ Williams gone.
Albert Nahmad: Here’s what I’ve gathered on the still not yet complete Kyle Korver trade, which could be updated before completion, in case it’s helpful… Cavs just traded their unprotected 2017 1st-round pick to Blazers in exchange for their 2018 1st back (previously sent in Varejao trade). This trade makes Cavs’ 2019 1st-round pick tradable. Without it, earliest tradable 1st would be in “first allowable draft” (likely 2020). Cavs, as of now, will trade Mike Dunleavy, Mo Williams and now-tradable protected 2019 1st-round pick to Hawks in exchange for Kyle Korver.
Albert Nahmad: Cavs could either: (i) save $9.6M Varejao TPE and create $2.2M TPE or (ii) reduce Varejao TPE to $4.4M, create TPEs for $4.8M and $2.2M.. Cavs would save $6.3M in salary and luxury tax by swapping Dunleavy/Williams for Korver. Payroll to $128.3M salaries + $27.1M tax = $155.4M.
Albert Nahmad: Cavs could look to sign a PG w/ open roster spot. A rest-of-season min deal would cost $1.9M incl. tax if signed tomorrow, falling $20K/day.
Albert Nahmad: Hawks would not get a trade exception in the deal (but could potentially get one with a subsequent trade of Mike Dunleavy or Mo Williams). If Hawks were to find taker for Dunleavy, the overall deal could potentially be structured as one 3-team trade or as two separate trades. Hawks wouldn’t need to waive anyone w/ 3-team trade (but Hawks/other team “touch” needed); could acquire TPE w/ 2 separate trades.
Moving Korver to an organization where he will have chance to win a championship was part of the Hawks’ consideration in trading a player who has been an important part of the organization for four-plus seasons. Korver chose to remain with the Hawks when he was an unrestricted free agent three seasons ago.
Marc Stein: As he awaits completion of his looming trade to Cleveland, Kyle Korver did not accompany the Hawks to Dallas, league sources say.
The Hawks are still finalizing details of the trade that will send Kyle Korver to the Cavaliers. The deal is not official and the parameters could change before it is completed. The transaction could be finalized Friday. As it currently stands, according to a person familiar with the situation, in exchange for Korver the Hawks will get a protected first-round draft pick (Nos. 11-30) in 2019. The pick will move to a 2020 protected pick if it does not convey in 2019. Mike Dunleavy Jr. and Mo Williams will also come to the Hawks as part of the deal. To make room for two players, the Hawks must open a roster spot. They are expected to waive Ryan Kelly.
Should the Hawks choose to waive Williams, Kelly could be re-signed to a 10-day contract. Kelly has appeared in just nine games for the Hawks.
Mo Williams is joining Mike Dunleavy in the trade to Atlanta, multiple sources confirmed to the Beacon Journal, but before the Cavaliers can complete the deal that will bring Kyle Korver to Cleveland, they are first trying to clean up some bookkeeping matters with the Portland Trail Blazers. All sides are trying to complete the trade today. The Blazers currently own the Cavs’ first-round pick in 2018 as compensation for taking on Anderson Varejao’s contract at last year’s trade deadline. It would make life much simpler – and create an extra trade chip – if General Manager David Griffin can give them his team’s 2017 pick and take back the ’18 pick. At the time, league rules prevented Griffin from trading his ’17 pick.
Joe Vardon: Trade call between Cavs and Hawks still not set yet.
Anthony Slater: Draymond Green asked about the Korver trade: “Don’t really matter to me what Cleveland does” pic.twitter.com/w9ft1fnOKo
Chris Vivlamore: Couple of items on the still in flux Kyle Korver trade. 1. Hawks get protected first-round pick (11-30) in 2019. Option to move to 2020. 2. Mike Dunleavy Jr. AND Mo Williams will come to Hawks. 3. Expect Ryan Kelly to be waived. Still the possibility that parameters change and Dunleavy and/or Williams get moved. Hawks have dealt with multiple teams on Dunleavy.
Chris Vivlamore: And that might happen. – RT: Eric Pincus: Technically Hawks can waive Kelly, trade for Williams and Korver, waive Mo, then re-sign Kelly, need spot for trade
Jason Lloyd: Mo Williams, indeed, part of deal, per sources. Dunleavy and Mo Williams going out, Korver coming back. Frees up roster spot for Cavs
“It’s tough,” said Paul Millsap, who also played with Korver in Utah. Kyle was a big reason I am here. To see him not in the locker room, it’s tough for me personally. “Kyle means so much to this team, to this organization, so much to our community. To see him go, it will be felt. His presence in the locker room, his presence in the community, it will be felt. It’s tough to see him go.”
Chris Vivlamore: More Bazemore: “It sucks because it’s to a team we want to beat. That stings”
“Kyle is one of the most amazing people you’ll ever meet, the most amazing teammate you’ll ever meet. Always positive. He’s just a professional the way he approaches the game. Just that aspect alone, I learned a lot from. How to take care of your body. Faith-based man. Loves his family. Checks all the boxes. He’s one of those people that you need around you on a daily basis to keep you on the straight and narrow. When I first proposed to my now fiancee, we had long talks about that and kids, treating them right, how to be a good husband and father. Those are the conversations that you can’t put on the stat sheet. He’s just an amazing person.”
Marc Stein: Kyle Korver clearly emotional but tells the press in NOLA: “From a basketball perspective, it’s a great, great fit for me. And I know that.”
Adrian Wojnarowski: Sources: Atlanta discussed Korver parameters with a few contenders, but Cavs stepped up with first-round pick. On deck: Paul Millsap.
The world champion Cleveland Cavaliers have reached an agreement to acquire guard Kyle Korver from the Atlanta Hawks, league sources told The Vertical. The Cavaliers and Hawks are still finalizing the terms of the trade, with additional players moving, league sources said. The Cavaliers are likely to send guard Mike Dunleavy Jr. to a third team, sources said.
Adrian Wojnarowski: For now, Dunleavy could park in Atlanta, but Hawks are motivated to him elsewhere, league sources tell @The Vertical.
Korver was with the Hawks before Thursday’s game against at the Pelicans. Upon arriving at the arena, coach Mike Budenholzer pulled Korver into a side room. Korver was in the locker room getting dressed during media availability. Korver was in uniform and on the Hawks bench during their game against the Pelicans. However, he did not enter the game. Rookie DeAndre Bembry entered the game in the first quarter, a clear sign that Korver was being held out.
Brian Windhorst: Cavs will be sending 2019 protected 1st to Atlanta and Mike Dunleavy in deal. sources said.
Eric Pincus: In theory, the Cavs would be using some of the Varejao TPE to get Korver, generating a new one for Williams at $2.2 mil @BBallInsiders
Sam Amico: Mike Dunleavy part of #Cavs trade with #Hawks for Kyle Korver, per Yahoo. I’ve also been told Cavs have ball rolling on getting backup PG.
Adrian Wojnarowski: As Atlanta moves Korver to Cleveland, Hawks are actively in trade talks with several teams on Paul Milsap, league sources tell @The Vertical.
Eric Pincus: Not sure if this is out there yet – I hear Mo Williams is Atlanta bound along w/a heavily protected 1st from Cavs for Korver @BBallInsiders
Adrian Wojnarowski: Vertical Sources with @Shams Charania: Atlanta is finalizing a deal to send guard Kyle Korver to the Cleveland Cavaliers.
Houston’s Trevor Ariza, Atlanta’s Kyle Korver and Washington’s Jared Dudley are all on the Cavaliers’ radar, but landing one of those three is highly unlikely.
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