Here’s ESPN.com reporting on an agreed trade that should be official soon:
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The Cleveland Cavaliers have agreed to trade Mike Miller and Brendan Haywood to the Portland Trail Blazers in a deal aimed to create future options and save luxury-tax money, sources told ESPN.com.
The Blazers will likely cut Haywood and could eventually work a buyout with Miller and will receive two future second-round picks from the Cavs for facilitating the deal with their cap space.
The Cavs will create two trade exceptions with the move, one for $10.5 million, which will be the largest active trade exception in the league, and the other for $2.94 million. The Cavs will also receive cash in the deal, sources said.
