The Cleveland Cavaliers have traded Joe Harris in a salary dump. Along with Harris, the Cavs have sent the Orlando Magic a protected 2017 second round pick as well as cash and received a protected 2020 second round pick. The Magic have announced that they have requested waivers on Harris.
This trade is nothing more than a salary dump. The Cavaliers will be able to save some money by trading a player who was not a part of the rotation. With an insanely high payroll, any amount of money that they can save would be a good move. The move will save the team three million dollars in both salary and luxury tax savings. The Magic meanwhile gain themselves some cash as well as a nearer draft pick to potentially add another young player that can accelerate their rebuilding efforts.
If you were waiting for trade season to start, this might be a slightly disappointing beginning.
