The Hawks and Cavaliers have agreed to a trade that will bring Richard Jefferson and Kay Felder to Atlanta along with two future second-round draft picks and cash. The Cavaliers will save $12.8 million in luxury tax by unloading the two contracts.
Jefferson will become a free agent and it will be very interesting where is the next destination for him. The 37-year-old averaged just 5.7 points and 2.6 rebounds while shooting 33.3 percent from the three-point line last season in 20.4 minutes a night for the Cavs.
Both Jefferson and Felder have been mentioned as two players that the Cavs were likely to either cut or trade in order to trim down the roster.More news: Mom loses primary custody after refusing to vaccinate son
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"R.J. embodies all of the things you could want in a veteran player and teammate", Cavs' general manager Koby Altman said. A 16-year veteran, Jefferson was the 16th overall pick of the Houston Rockets, but he was traded to the then-New Jersey Nets, where he played for seven seasons as starter.
Jefferson is set to make $2.5 million this season with $2.6 million non-guaranteed for 2018-19. He appeared in 79 games and started 13.
Agravanis and Gladyr are both overseas, playing for powerhouse Olympiacos of the EuroLeauge and AS Monaco Basket of the French LNB Pro A, respectively. Felder, like any 22-year-old, has promise as the 5-foot-9 point guard could develop into a nice bench point guard for someone else around the league. Felder is a diminuitive point guard who showed some flashes in his rookie year last season, but wasn't going to be much help to a team that hopes to have Isaiah Thomas back for the playoffs.