Cavaliers get Frye from Magic, send Varejao to Portland.

[Greenbacks]

INDEPENDENCE, Ohio -- The Cleveland Cavaliers acquired Channing Frye in a three-team trade Thursday, adding a shooter the Cavs had been coveting leading up to the trade deadline, while also saving more than $10 million in payroll and taxes this season, sources confirmed to ESPN.

In order to receive Frye, the Cavs will send center Anderson Varejao and a conditional first-round pick to the Portland Trail Blazers. The 2018 pick is top-10 protected for two years. Cleveland will also part ways with backup guard Jared Cunningham in the deal, sending him to Orlando along with a second-round pick from Portland.
Once the deal is complete, the Blazers plan to waive Varejao, sources tell ESPN. He is owed $9.7 million this year, $9.3 million in 2016-17 and a partially guaranteed $4.5 million in 2017-18. Varejao has a 5 percent trade kicker that will be worth an extra $626,825.

With the deal, the Cavaliers created new trade exception of $9.6 million.
The 6-foot-11 Frye is a stretch forward who is averaging 5.2 points and 3.2 rebounds in his second season in Orlando. His best seasons came with Phoenix, where he averaged 11.4 points and 5.7 rebounds in four seasons. He is a career 38.7 percent shooter from 3-point range.

The Cavaliers can absorb Frye's $8.2 million salary directly in a $10.5 million trade exception that Cleveland has. The Magic would prefer that so they don't have to take back any salary. Frye is owed $7.8 million in 2016-17 and $7.4 million in 2017-18.

Information from ESPN's Marc Stein, Ramona Shelburne and Chris Broussard was used in this report.

 

[Greenbacks]

The Nuggets have traded Randy Foye to the Thunder for D.J. Augustin, Steve Novak and two 2nd-round picks, according to ESPN's sources and multiple reports.

 

[indiana]

GB/2.........Boy, you're up to date on all (all sports) the latest........good luck with all your action tonight............indy

 

[RussellPeters]

3:27 PM ET

• ESPN.com news services

The Los Angeles Clippers have acquired forward Jeff Green from the Memphis Grizzlies for Lance Stephenson, sources tell ESPN's Zach Lowe.
The deal was completed just before the 3 pm ET NBA trade deadline.
The Clippers had been a target of speculation this month, with some wondering whether they would keep their nucleus of Chris Paul, Blake Griffin and DeAndre Jordan together. After Griffin was involved in a fight with a staffer and suspended, his name came up in trade rumors, but it appears the Clippers opted to complement their core rather than blow it up.
Stephenson is averaging only 4.7 points per game this season, his first with the Clippers. Green is averaging 12.2 point and 4.5 rebounds per contest.

 

[RussellPeters]

• ESPN.com news services

The Phoenix Suns have traded forward Markieff Morris to the Washington Wizards on Thursday, according to multiple media reports.
In exchange, the Suns will get Kris Humphries, DeJuan Blair and a protected first-round pick.
Morris, who is averaging 11.6 points and 5.2 rebounds this season, has scored at least 14 points in each of the past six games.
During the offseason, after the Suns had traded his twin brother -- Marcus Morris -- to the Detroit Pistons, Markieff Morris was vocal about not wanting to return to Phoenix. He eventually backed off that stance.
But trouble continued to follow Morris as the Suns, who many expected to compete for a playoff spot this season, have the second-worst record in the Western Conference at 14-40.
Morris got into a physical altercationwith teammate Archie Goodwin during a game against Golden State on Feb. 10. An argument between the two players escalated into a shoving match, and teammates had to quickly step in to separate the two.
Earlier this season, Morris was suspended for two games for throwing a towel at then-coach Jeff Hornacek during a game on Dec. 24.

 

[thekinggambler]

The Frye deal will be big for Cleveland if they are able to make it to the finals! You can possibly put a lineup of Frye,Love, James, Smith and Irving on the floor. That lineup would create tons of spacing. But the only downfall with cleveland is the ball dosen't move as much as i would like.