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Cleveland open to making another deal before the lockout officially begins

Jun 30, 2011, 8:08 PM EDT

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At midnight tonight (or tomorrow, if you really want to be difficult), the NBA world as we know it will come to a grinding halt. Contact between players and teams will be reduced solely to a negotiative process that will determine the league’s short and long-term future, and all of the other off-season festivities — free agency, the summer trade market, Summer League — will be scrapped or delayed until all collective bargaining issues are resolved. It’s going to be a long, cold, lonely summer.

But in the meantime, the Cleveland Cavaliers are staying busy. According to Marc Stein of ESPN.com, the Cavs are open to the possibility of making a second trade today before the lockout officially begins. The motivating factor: a $14.6 million traded player exception acquired in the LeBron James sign-and-trade that would be otherwise almost impossible to use given the unique nature of this off-season.

The exception allows the Cavs to take back salary in excess of the the league’s standard trade rules, and though the Cavs don’t have all that many attractive trade chips, they do hold the ability to take on unwanted salary. Chris Grant, the general manager of the Cavs, has been afforded an opportunity to trade a player with a smaller annual salary in exchange for an overpaid one, and in the process perhaps add draft picks or other interesting young pieces. It’s feasible that a team itching to cut salary in anticipation of the collective bargaining agreement to come could take up Cleveland on such an offer, but there hasn’t yet been any indication of serious trade negotiations stemming from the Cavs’ trade exception.

Still, this is our last hope. There are but a few hours left of a real NBA off-season; once the clock strikes 12, it’s all over. This could be the last bit of relevant roster news, and though Cleveland’s reported openness to making a deal tonight may yield no actual transaction, the team’s mindset still grants the possibility of a final potential move before the NBA goes dark.

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