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. Hornets sign first round pick P.J. Hairston

    Aug 22, 2014, 4:02 PM EDT

    PJ Hairston PJ Hairston

    Hairston’s guarantee will total $2 million over two seasons.

  2. J.R. Smith wants to be leader for Knicks this season

    Aug 22, 2014, 1:05 PM EDT

    Charlotte Bobcats v New York Knicks Getty Images

    Watching Smith and his gunner, ball-stopping tendencies try to fit in the move-the-ball, read and react triangle offense is going to be interesting. To put it kindly.

  3. Jeremy Lin feeling comfortable, even with new wax statue of himself

    Aug 22, 2014, 12:20 PM EDT

    Jeremy Lin wax figure

    His critics don’t get it, but Jeremy Lin is a solid NBA guard now.

  4. Report: Klay Thompson a Mike Krzyzewski favorite for Team USA

    Aug 22, 2014, 11:44 AM EDT

    Team USA Showcase Getty Images

    Krzyzewski – surprise, surprise – also reportedly likes Mason Plumlee, who played at Duke

  5. Watch Giannis Antetokounmpo go length of court in two dribbles, dunk (VIDEO)

    Aug 22, 2014, 10:35 AM EDT

    Taco Bell Skills Challenge 2014 Getty Images

    The Greek freak is going to be so much fun to watch at the world Cup.

  6. Drew Gooden will not play for Finland in World Cup

    Aug 22, 2014, 10:00 AM EDT

    Drew Gooden

    The hopes of the Finnish nation are crushed…. if they even noticed.

  7. V. Stiviano suit: Donald Sterling is gay

    Aug 22, 2014, 9:15 AM EDT

    Donald Sterling, V. Stiviano Donald Sterling, V. Stiviano

    Stiviano claims Sterling paid her to act as his beard

  8. Report: Mavericks re-sign Bernard James

    Aug 22, 2014, 8:00 AM EDT

    Berard James Berard James

    James, on one-year minimum-salary contract, will have right to veto trades

  9. Report: Thanasis Antetokounmpo chooses Knicks D-League team over playing in Europe next season

    Aug 21, 2014, 8:59 PM EDT

    thanasis nba draft

    Knicks finally considering the importance of developing young talent for the future.

  10. Report: Timberwolves to end up with Thad Young, Anthony Bennett as part of Kevin Love trade

    Aug 21, 2014, 7:31 PM EDT

    Kevin Love Kevin Love

    Wiggins too, while guys like Alexey Shved will be sent to the Sixers.

  11. Shaq answers the question: Kobe or LeBron?

    Aug 21, 2014, 6:12 PM EDT

    Shaquille O'Neal AP

    Gone are the days when Shaq would have used this as an opportunity to take a shot at Kobe.

  12. NBA GM says ‘there’s no reason’ to trade for restricted free agents Greg Monroe or Eric Bledsoe

    Aug 21, 2014, 5:02 PM EDT

    John Loyer, Greg Monroe John Loyer, Greg Monroe

    Why give up assets now, when either player could be signed outright as an unrestricted free agent next summer?

  13. DeMarcus Cousins wants to be the third ‘Splash Brother’ (VIDEO)

    Aug 21, 2014, 3:59 PM EDT

    Los Angeles Clippers v Sacramento Kings Getty Images

    Stephen Curry: “We’re still taking applications.”

Featured video

Will LeBron get booed Christmas Day in Miami?
Top 10 NBA Player Searches
  1. D. Rose (3833)
  2. L. James (2345)
  3. K. Bryant (2278)
  4. S. Marion (2217)
  5. D. Cousins (2210)
  1. R. Allen (2053)
  2. K. Irving (1960)
  3. A. Davis (1944)
  4. K. Love (1906)
  5. P. George (1890)