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Cavs nearing a deal to send Richard Jefferson, Kay Felder to Hawks

14 October, 2017, 03:40 | Author: Heidi Alvarez
  • Cleveland Cavaliers sending Richard Jefferson Kay Felder to Atlanta reports say	 	 	 			Richard Jefferson Kay Felder

Adrian Wojnarowski reports that sources tell ESPN the Hawks will send back European draft rights.

The Hawks are expected to waive Jefferson and Felder and keep the two second-round picks. Jefferson, 37, is on the hook for $2.5 million this season. The Cavaliers will have one year to use them. The Cavaliers signed Felder to a non-guaranteed deal worth $1.3 million for the coming season.

Both players will become free agents after clearing waivers.

Felder is the second-year man out of Oakland who was known for his offensive prowess out of college.

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The trade came as no surprise because Jason Lloyd of The Athletic and Sam Amico of AmicoHoops.com reported earlier that the Cavaliers might cut or ship Jefferson to another squad [VIDEO]. The Cavaliers will save $12.8 million in luxury tax by unloading the two contracts. As he's gotten older and the Cavaliers have improved their roster, it was clear there were no spots for Jefferson in the rotation any more, and therefore he was the one to get the boot.

Felder was selected 54th overall by Cleveland in the 2016 draft and played in 42 games as a third-string point guard.

Felder, selected by Atlanta with the 54th pick of the 2016 draft, played in 42 games with the Cavaliers previous year. He played in 74 games in the 2015-16 championship, averaging 5.5 points a game.

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