The Assets
? Nonguaranteed contracts. Pavlovic will be one of the most talked about names in the NBA this summer. He has one year at $4.9 million left on his deal but just $1.5 million is guaranteed and that will make him attractive to teams looking to cut payroll. Jawad Williams, Tarence Kinsey and Jackson also have nonguaranteed contracts that can be packaged in a trade. Jackson, however, is in the Cavs' plans.
? Wallace. In the final year of a contract worth $14 million, he will be valuable for teams thinking of creating cap space going into the big summer of 2010. Because he's said he is thinking of retiring and might accept a buyout for less money so he can return to college and finish his degree, Wallace could be a major trade chip this summer.
? Exceptions. If Varejao opts to become a free agent as expected, the Cavs will have shaved $30 million off their payroll. It will allow them to use their $5.5 million mid-level exception and their $2 bi-annual exception on free agents. This is especially valuable because as teams cut back due to the economy, there will not be many dollars on the free agent market for the Cavs to compete with.
? Draft. The team has two picks, the last pick of the first round (No. 30) overall and the Chicago Bulls' second-round pick (No. 46). Their second round pick, No. 60, went to the Miami Heat in a trade for Jackson.
But the Cavs might be aggressive in looking to move around or pick up extra picks. This is generally considered a thin group and some teams might look to sell their picks or trade out of the market. If the Cavs like a player, they will have plenty of chances to jump up and pick him, perhaps greater than in years past.
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