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Cavs discuss deal for ?Cats? Wallace
The Charlotte Bobcats have discussed a trade to send forward Gerald Wallace(notes) to the Cleveland Cavaliers, a league source told Yahoo! Sports.
The Cavaliers would use their trade exception to acquire Wallace, but have also pushed for a lottery-protected first-round pick for them to take on the two years and $22 million left on Wallace?s contract through the 2012-13 season, the source said.
No deal is imminent, and the Cavaliers have until July 10 to use the $14.5 million trade exception created from the sign-and-trade with the Miami Heat for LeBron James(notes). If the NBA and Players Association haven?t reached a new collective bargaining agreement by the end of June, the Cavs would run the risk of having the trade exception expire during the lockout.
The Cavaliers are in freefall, with an 11-game losing streak and an NBA-worst 8-30 record. They have had numerous discussions about absorbing a player into the exception, but are strongly considering the proposed Wallace deal.
The Bobcats have been shopping Wallace for several weeks and discussed packaging him in deals to several teams. Charlotte has struggled to a 15-21 record, and replaced Larry Brown with interim coach Paul Silas last month. Facing significant financial losses this season, Bobcats owner Michael Jordan has targeted his highest-paid player as a way to trim payroll.
Wallace?s performance has sagged this season; he?s averaging 16.4 points and 8.1 rebounds. Still, Charlotte has won four straight games, including a victory over the Chicago Bulls on Wednesday, and holds the eighth and final playoff spot in the Eastern Conference.
y0yoyoin;1857062; said:http://sports.yahoo.com/nba/news;_ylt=AiRYZCvwAX3CHqZ34iv8HoW8vLYF?slug=aw-wallacebobcats011411
i dont understand this at all unless we are planning on flipping wallace for players or draft picks later on...and i wouldnt do this deal unless we get the protected first round draft pick also...wallace is 29 years old, super injury prone and someone who we should of been targeting 3 years ago when we still had lebron...it hasnt been a secret that charlotte would of unloaded wallace for the right price...getting wallace might win us a few more games but that also decreases our chances of losing the #1 overall pick in the draft...i hope this deal doesnt go thru...theres not one player on the cavs right now playing with any heart, so why does chris grant believe wallace will? so far chris grant hasnt made any huge mistakes but he also hasnt made any good moves either
tsteele316;1857069; said:they are using the TPE to get a 1st round pick and flip wallace later. it's about as good of a move as they can make. there are several teams with a TPE right now, and being the facilitator in the carmello deal seems dead since melo won't agree to sign an extension with NJ.
The real question is that if the Bobcats' pick is lottery protected, and the Bobcats currently stand at #15 right now, if they miss the 8th seed by a few games and end up with pick #14, if they can waive the protection.
y0yoyoin;1857073; said:not sure on the rules of the draft pick and its about impossible to find anything that would tell otherwise...thats why i wish the plain dealer still had windhorst on their staff...mary shmitt boyer sucks with her coverage...and as long as we are just using our TPE to get wallace and hopefully a draft pick in the 1st round with the mindset of trading him later then i like the deal...otherwise i dont
tsteele316;1857091; said:it's actually a perfect situation for wallace to put up some pretty big hollow stats and improve his stock to the point that cleveland can dump him to a contender for young talent and more picks.
tsteele316;1857091; said:it's actually a perfect situation for wallace to put up some pretty big hollow stats and improve his stock to the point that cleveland can dump him to a contender for young talent and more picks.
billmac91;1857106; said:One last point..keep in mind if they don't use the TPE on anything this year, there is a possibility it expires with the lockout looming. You almost have to hedge your bets and get something for it now or risk losing it all together. If Gerald Wallace and a 1st round pick is what we get for it, I'd be thrilled.
NJ-Buckeye;1857115; said:anyone know or can provide a link to show what draft picks the Cavs have for the next three years?