Trade! Grizzlies sending Speights, Selby and pick to Cavs for Lauer

[All Net]

The Memphis Grizzlies acquired forward Jon Leuer (LOO-er) and a trade exception from the Cleveland Cavaliers in exchange for forward/center Marreese Speights, guards Wayne Ellington and Josh Selby and a protected future first round draft pick, Grizzlies General Manager and Vice President of Basketball Operations Chris Wallace announced today.

Read more: http://www.insidehoops.com/blog/?p=12159#ixzz2IjPYiLCp

[andremiller07]

Wow wtf seriously Speights has been fantastic since he came wtf seriously? Good pick up for the Cavs going forwards the pick n pop with Kyrie is going to do some damage when Maurice comes off the bench. Selby is a good talent but he will end up getting shipped out.

[It's A VC3!!!]

I have never heard of Lauer. I guess the Grizzlies want to shed some bench salary and keep the starting core together.

[brantonli]

Must be a 2nd roudn pick, no way they are dumped a 1st round pick just to shed salary...

[All Net]

Is this the start of the Grizzles dump salary session?

[Burgz V2]

interesting. seems like they are committing to Z-Bo for the time being, otherwise they wouldn't spread their frontcourt thin.

Probably gonna take on a large expirer, need the cap space to make a move. Calderon+Bargs for Rudy and fillers? One can only dream.

[Rekindled]

damnit why couldnt have the lakers offer someting better than leuer.

Speights+Selby for Morris+Jamison come on mitch

[brantonli]

damnit why couldnt have the lakers offer someting better than leuer.

Speights+Selby for Morris+Jamison come on mitch

The Lakers would have to be under the cap to help the Grizz relieve some salary.

[dunksby]

Cavs picked up that guy from the waivers right? Damn they got good value for him

[All Net]

@SpearsNBAYahoo: Cavaliers also get a second round pick in trade.

[All Net]

@KBergCBS: The trade saves the Grizzlies about $4M, pushing them under the tax line and eliminating financial need to move Rudy Gay this season.

[brownmamba00]

Good trade for both teams

[InspiredLebowski]

He means Leuer, as in Jon. Young jump shooting big from Wisconsin that probably won't get a 2nd NBA deal.

[KembaWalker]

Not really the blockbuster trade I've been expecting but solid trade for both teams

[AirTupac]

And Wayne Ellington

Memphis also sends guard Wayne Ellington, who makes $2 million in the final year of his deal, to Cleveland.