Cavaliers ship veteran forward, back-up guard to Hawks

Reports: Cleveland Cavaliers agree to trade Richard Jefferson, Kay Felder to Atlanta Hawks

Reports: Cleveland Cavaliers agree to trade Richard Jefferson, Kay Felder to Atlanta Hawks

Today's trade between the Cleveland Cavaliers and the Atlanta Hawks is a flawless example of how the league essentially moves assets around that will never be realized.

Adrian Wojnarowski of ESPN reported shortly after that the Cavaliers would get European draft rights in the deal.

If the deal does indeed come to fruition, this year's Cavaliers squad will look much different than last year's iteration. Both Jefferson and Felder are expected to be waived by the Hawks, and will become free agents once they clear waivers.

The trade will allow Cleveland to trim its roster down to 15 players ahead of the regular season.

One of the most popular players on the Cleveland Cavaliers' time on the team could be coming to an end.

Felder has $455,000 in guaranteed money this season as well as a $1.5 million team-option for next season.

Kay Felder, Cleveland's second-round pick in the 2016 National Basketball Association draft, will also be included in the deal. It's a purely salary cap saving maneuver for the Cavaliers, who are well over the salary cap and paying exponential luxury tax penalties. In 262 career professional games, Gladyr averaged 9.2 points, 2.8 rebounds and 1.3 assists and made 36 percent of his attempts from beyond the arc. Jefferson spent the last two years with the Cavaliers, averaging 5.7 points and 2.6 boards in 79 games as a reserve last season.

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