The Cleveland Cavaliers announced in a press release they agreed to a sign-and-trade deal on Thursday that sent restricted free-agent point guard Matthew Dellavedova to the Milwaukee Bucks in exchange for a $4.8 million trade exception and the rights to forward Albert Miralles.
"We wish Delly the best as he continues his career in Milwaukee," Cavs general manager David Griffin said in the release. "Delly is a special person on and off the court and was a very dedicated, hard worker that grew as part of our team and made significant contributions to our success. Our coaches and his teammates will always appreciate his 'all-in' approach to the game, as he was ready to contribute whenever his number was called."
Cleveland.com's Chris Haynes reported on Monday that the Cavaliers didn't plan to match the Bucks' four-year, $38.5 million offer sheet for Dellavedova. However, the sign-and-trade agreement is key because it will reportedly allow the Cavaliers to absorb Mike Dunleavy into the new $4.8 million trade exception when they complete a deal with the Chicago Bulls, per ESPN.com's Dave McMenamin.
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Article written by Alec Nathan
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