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Published: Sun, October 15, 2017
Sport | By Billy Aguilar

Hawks acquire Jefferson, Felder from Cavs

Hawks acquire Jefferson, Felder from Cavs

They also received cash from the Cavaliers, per Wojnarowski, and two second round picks (2019 and 2020), according to USA Today's Sam Amick.

Jefferson is expected to be immediately waived by the Hawks, allowing him to become a free agent upon clearing waivers.

Jefferson spent two seasons with Cleveland and contributed to the club's run to back-to-back NBA Finals, appearing in 35 postseason games.

"Certainly, both RJ and Kay are two guys we also wanted to have here with us this season", Altman said.

Jefferson is 37, and actually played in 79 games last year for the Cavs, a year after he considered retiring following Cleveland's improbably National Basketball Association championship.

J.R. Smith said "absolutely" he is frustrated that he lost his place in the Cavaliers' starting lineup to Dwyane Wade, though neither he nor Tristan Thompson aim to make trouble now that they're both coming off the bench.

The 37-year-old Jefferson is set to earn $2.5 million.

According to ESPN.com's Dave McMenamin, the Cavaliers will send $3 million to the Hawks as part of the agreement.

The trade of Richard Jefferson and Kay Felder to Atlanta will save the Cavaliers $12.8M in luxury tax penalties. He appeared in 79 games and started 13. The Hawks basically bought the second-round picks for the money they'll pay Jefferson and Felder to not play. Gladyr, who also participated in Summer League with the Hawks in 2010 and 2013, averaged 9.6 points and 2.4 rebounds in 20.5 minutes over 53 total games (nine starts) for Monaco in the French League, Basketball Champions League and Leaders Cup during the 2016-17 season. Felder, who was a second-round draft pick for the Hawks in 2016, is guaranteed 50 percent of his $1.3 million salary for 2017-18.

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