Jazz Likely to Waive Lonzo Following Cavs Trade, Report Suggests
Recent developments in the NBA have seen the Cleveland Cavaliers trade Lonzo Ball to the Utah Jazz. Accompanying Ball in the deal are two second-round draft picks.
Implications of the Trade
Sources indicate that the Utah Jazz are likely to waive Lonzo Ball soon after the acquisition. This decision will create a roster vacancy for the Cavaliers.
Financial Benefits for Cleveland
This trade significantly impacts the Cavaliers’ financial standing. The team’s projected luxury-tax bill has decreased from $120 million to $65 million. This reduction allows the Cavaliers more flexibility in managing their roster.
Background on Lonzo Ball
Lonzo Ball had a brief stint with the Cavaliers after being acquired from the Chicago Bulls during the recent offseason. In his time with Cleveland, he struggled with low performance metrics, recording an average of just 4.6 points and a field-goal percentage of 30.1%, both of which are career lows for him.
Summary of the Trade
- Player Traded: Lonzo Ball
- Trade Partners: Cleveland Cavaliers and Utah Jazz
- Additional Assets: Two second-round picks
- Cavaliers’ Luxury Tax Bill: Reduced from $120 million to $65 million
- Performance in Cleveland: Averaged 4.6 points and 30.1% shooting
The Cavaliers will now look towards leveraging their freed-up roster space and adjusted budget for future player acquisitions.