Cavaliers to trade Richard Jefferson, Kay Felder to Hawks

Richard Jefferson Cavs

Jefferson, 37, in his 17th National Basketball Association season, played for the Cavs for two years and played a key supporting role in the 2016 championship.

Atlanta intends to waive Jefferson and Felder, sources said, and they would become free agents after clearing waivers.

They have agreed to a deal to send Richard Jefferson, Kay Felder and both a 2019 second-round pick and a 2020 second-round pick to the Atlanta Hawks for draft rights to two European players. Altman declined to speak on the record in Orlando Friday because the trade was not yet completed through the NBA's front office.

It's a logical move for the Cavaliers, who needed to shed at least one guaranteed contract prior to Tuesday's season opener against the Boston Celtics.

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

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Kay Felder, Cleveland's second-round pick in the 2016 National Basketball Association draft, will also be included in the deal. A member of the Cavaliers' 2016 National Basketball Association championship team, Jefferson appeared in 35 postseason games for Cleveland and averaged 4.8 points and 2.8 rebounds in 16.0 minutes.

Jefferson also played for the Milwaukee Bucks, San Antonio Spurs, Golden State Warriors, Utah Jazz and the Dallas Mavericks.

Jefferson averaged 5.7 points and 2.6 rebounds a game in 79 games last season, while Felder appeared in 42 games, averaging 4.0 points and 1.4 assists per game. Jefferson appeared in 35 postseason games for Cleveland.

Agravanis and Gladyr are both overseas, playing for powerhouse Olympiacos of the EuroLeauge and AS Monaco Basket of the French LNB Pro A, respectively. "Over his career, the 22-year-old has helped his teams capture the FIBA Intercontinental Cup (2013) and two Greek League titles (2015, 2016)".

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