Skip to content

Cavaliers, Grizzlies trade Speights and Selby for Leuer

Jan 22, 2013, 9:08 AM EDT

Marreese Speights AP

Memphis has been looking for a way to get under the luxury tax line for this season — they may have just found it without shipping Rudy Gay out the door.

Brian Windhorst of ESPN broke news of a trade that could benefit both teams on twitter, then Marc Spears of Yahoo Sports confirmed it as a done deal.

The trade sends Marreese Speights, Wayne Ellington, Josh Selby and a protected 2015 first-round pick to Cleveland for Jon Leuer.

For Memphis, this is all about the money. It is a cash dump. They are about $4 million over the NBA’s luxury tax line and this deal saves the a little more than $4 million, moving them under the line as payers.

One of the reasons Rudy Gay was being shopped around was to save money, this saves the cash while keeping the team’s core players intact for a playoff run. No Rudy Gay trade, no Zach Randolph trade. For now. Look for Gay to be shopped around more this summer.

For Cleveland, this is about getting some help on the front line with Anderson Varejao now ruled out for the season. Speights is a solid NBA big man, but one nobody sees because he is buried behind Marc Gasol and Zach Randolph. But Speights has given Memphis 6.6 points and 4.7 rebounds a game with an above average PER of 16.2.

Speights has a $4.5 million player option for next season and could veto the trade due to Bird Rights considerations, but that would be a surprise. The lightly used young guard Selby is still on his rookie deal.

Leuer, the forward out of the University of Wisconsin in his second NBA season, has played in just nine games for Cleveland. He may play less for Memphis.

The move brings the Grizzlies under the NBA roster league minimum, so look for a D-League call up or some other inexpensive addition to the roster.

Latest Posts
  1. Report: Celtics will complete Evan Turner signing before training camp begins

    Sep 21, 2014, 9:30 PM EDT

    Los Angeles Lakers v Indiana Pacers Getty Images

    Turner’s stock has dropped significantly since being traded from the Sixers to the Pacers in the middle of last season.

  2. NBA’s rookie transition program tries to educate, but some of the information is presented in poor taste

    Sep 21, 2014, 8:00 PM EDT

    You can see what they’re trying to do, but some of the things presented went a bit too far.

  3. Behind the scenes look at internal media day for Charlotte Hornets (VIDEO)

    Sep 21, 2014, 6:30 PM EDT

    courtesy Bobcats.com

    Our first real look at the new uniforms and new court design.

  4. Tony Parker hits a back over-the-head halfcourt shot (VIDEO)

    Sep 21, 2014, 5:00 PM EDT

    Tony Parker Tony Parker

    I’m pretty sure Popovich doesn’t want him taking one of these in a game.

  5. Hornets’ Jeff Taylor says he’s recovered from ruptured Achilles

    Sep 21, 2014, 3:30 PM EDT

    Dallas Mavericks v Charlotte Bobcats Dallas Mavericks v Charlotte Bobcats

    He’s going to fight for minutes at a crowded wing spot in Charlotte.

  6. Andrew Wiggins says he doesn’t feel much pressure heading to Minnesota

    Sep 21, 2014, 2:00 PM EDT

    Timberwolves New Players Getty Images

    Nobody expects much from the Timberwolves or Wiggins this season, outside of a few highlight dunks.

  7. Report: Zoran Dragic “in advanced discussions” to leave Europe for Suns next season

    Sep 21, 2014, 12:30 PM EDT

    BASKET-EURO-2013-SRB-SVN Getty Images

    A team is going to have to pay him at least $2 million a year to make it worth his while.

  8. Jeanie Buss ‘not worried’ about Kobe coming back and contributing for Lakers

    Sep 21, 2014, 9:30 AM EDT

    Boston Celtics v Los Angeles Lakers Getty Images

    Lakers president believes Bryant is ready after he missed all but six games last season due to injury.

  9. Timberwolves ‘not necessarily in a rush’ to agree to contract extension with Ricky Rubio

    Sep 20, 2014, 11:00 PM EDT

    Ricky Rubio AP

    Rubio may not like it, but Minnesota can retain his rights in restricted free agency next summer.

  10. Report: Gustavo Ayon’s deal with Real Madrid worth $6.6 million over three years

    Sep 20, 2014, 9:30 PM EDT

    Australia v Mexico - 2014 FIBA Basketball World Cup Getty Images

    Big man from Mexico preferred to remain in the NBA, but took the payday to return overseas.

  11. Kobe Bryant may join ownership group attempting to purchase Italian soccer team

    Sep 20, 2014, 6:30 PM EDT

    Kobe Bryant Kobe Bryant

    With two years left in the NBA, Bryant has an eye on life after basketball.

  12. Taj Gibson says he’s fine coming off the bench for Bulls: ‘Please miss me with the drama’

    Sep 20, 2014, 5:00 PM EDT

    Taj Gibson Taj Gibson

    A previous report said Gibson was less than thrilled with remaining a reserve.

  13. Andray Blatche signs deal to play in China next season

    Sep 20, 2014, 3:30 PM EDT

    Cleveland Cavaliers v Brooklyn Nets Getty Images

    Blatche can play, but the NBA offers simply weren’t there.

  14. Giant LeBron James banner approved to hang in downtown Cleveland once again

    Sep 20, 2014, 2:00 PM EDT

    lebron-banner

    10-story-high banner will return after a similar one was taken down when James left in 2010.

  15. Report: Ramon Sessions signs 2-year deal with Kings

    Sep 20, 2014, 12:28 PM EDT

    Ramon Sessions AP

    Sessions could start at point guard for Sacramento.

Featured video

What players stood out at World Cup?
Top 10 NBA Player Searches
  1. R. Rondo (2719)
  2. L. James (2676)
  3. E. Bledsoe (2601)
  4. K. Bryant (2487)
  5. D. Rose (2333)
  1. K. Irving (1982)
  2. R. Allen (1881)
  3. K. Durant (1667)
  4. N. Young (1659)
  5. P. George (1504)