AP Source: Cavs agree to 3-way trade, clear cap space for LeBron James

bigstory.ap.org Published: July 9, 2014
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photo - FILE - In this June 17, 2014 file photo, Miami Heat's LeBron James gestures as he answers a question during a news conference in Miami. A person familiar with the situation tells The Associated Press that James has decided to opt out of the final two years of his contract with the Heat and become a free agent on July 1. Opting out does not mean James has decided to leave the Heat, said the person, who spoke on condition of anonymity because neither the four-time NBA MVP nor the team had made any public announcement. (AP Photo/Alan Diaz, File)
FILE - In this June 17, 2014 file photo, Miami Heat's LeBron James gestures as he answers a question during a news conference in Miami. A person familiar with the situation tells The Associated Press that James has decided to opt out of the final two years of his contract with the Heat and become a free agent on July 1. Opting out does not mean James has decided to leave the Heat, said the person, who spoke on condition of anonymity because neither the four-time NBA MVP nor the team had made any public announcement. (AP Photo/Alan Diaz, File)

CLEVELAND (AP) — A person familiar with the deals says the Cleveland Cavaliers have agreed to trade guard Jarrett Jack, swingman Sergey Karasev and center Tyler Zeller, creating enough room for a run at LeBron James in free agency.

The Cavs have agreements with the Brooklyn Nets and Boston Celtics, according to AP sources. ESPN first reported details of the three-way trade.

James is expected to meet with Miami Heat president Pat Riley today, and the rumors about the pursuit of "King James" continue by the minute:

Cap room of $21.7m is the numbers the Cavs are working with, source says. Either way, enough for a max.

— Ken Berger (@KBergCBS) July 9, 2014

 

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