In a move to save some money for future trade prospects, the Cleveland Cavaliers have sent guard Joe Harris to Orlando Magic for a second-round pick of Portland Trail Blazer’s protection for 2020. The trade also clears a roster spot for Cleveland.
Harris, himself a second-round pick of the 2014 draft, underwent a foot surgery in Indianapolis and is expected to miss two months of action. The trade that included cash transfers to Orlando became inevitable after the Cavs confirmed Jared Cunningham‘s deal for the rest of the season.
The move serves multiple purposes, saving $3 million in payroll and luxury taxes and opening up a roster spot. He appeared in five games for the Cavs this season. The Cavs now have the second-highest payroll in NBA history.
The Magic will have team option on Harris at slightly less than $1 million. Orlando may also release him.
“Obviously with Joe having season-ending surgery, Cavs GM David Griffin, who is always working, was looking as always to create flexibility for possible opportunities going forward,” said David Blatt, Cavs head coach on Tuesday before his team played against the Dallas Mavericks.