With one fell swoop, the Cleveland Cavaliers have lit the blue touch paper on the LeBron James sweepstakes.
With Kyrie Irving’s large deal on the books alongside Jarrett Jack’s cumbersome contract, the Cavaliers were unable to free up the necessary cap space to offer a max deal to a free agent.
ESPN’s Marc Stein reports the Cavs, Brooklyn Nets and Boston Celtics have agreed to a trade that sees Jack head to Brooklyn alongside Sergey Karasev, while Boston makes off with Marcus Thornton, Tyler Zeller and a future first-round pick by way of the Cavaliers.
The deal allows Cleveland to clear around $9.5 million from their salary sheet. The Cavs now have in the region of $24 million, with LeBron’s first-year salary estimated to be $20.5 million.
UPDATE: 12pm ET
ESPN reporter Chris Broussard is reporting the Cavaliers will attempt to woo current Miami Heat guard Ray Allen and former Heat sharpshooter Mike Miller.