The holiday season is quickly coming to a close and many of us are heading back to work. However, all of us will not return to work in the same office that we were in prior to the holiday season. According to Shams Charania of The Athletic, the Los Angeles Lakers are finalizing a three-team trade that would send Denzel Valentine to the New York Knicks and Rajon Rondo to the Cleveland Cavaliers.
As part of the three-way deal, Adam Wojnarowski reports that the Knicks will acquire the services of Valentine and Louis Labeyrie along with $1.1 million. With that said, it is unclear if the Knicks will keep Valentine or waive him. The team is expected to make a decision on his future later today.
Meanwhile, the Cavaliers will add a much-needed ball handler, Rajon Rondo, to their roster after losing Ricky Rubio for the remainder of the season. Rondo has averaged fewer than five points and five assists per game, but Sports Illustrated reports that the former Lakers point guard is “eager” to take on a bigger role with the ascending Cavaliers squad.
Out in Los Angeles, management is excited to move forward with more flexibility. The recent trade opens up a roster spot along with $4 million in salary and luxury tax.