Cavaliers Trade Jefferson, Felder, Waive Perkins as Regular Season Nears
It has been a hectic and drama-filled offseason in Cleveland and at long last, the regular season is right at the doorstep.
As the NBA preseason came to an end, the Cleveland Cavaliers made their last set of transactions as they get set to prepare their Eastern Conference crown, one they have held tightly for each of the past three years. Strapped up against the cap, with a heavy luxury tax looming, the Cavs did some pre-regular season house keeping.
It begun when the Cavaliers cut ties with veteran swingman Richard Jefferson and Kay Felder, trading both players in a salary dump to the Atlanta Hawks for the rights of two international prospects. Atlanta also received cash and two second round picks in the deal. Both Jefferson and Felder are expected to get waived. Reports suggest Jefferson will look for a new contract once waived, with no plans of retiring just yet.
The Cavaliers then waived big man Kendrick Perkins, a veteran who worked himself back into excellent shape at the start of training camp. The Cavaliers roster now stands at 15 as they prepare to open up their season against a familiar face and the Boston Celtics.