Steve Kyler of Basketball Insiders reported that the Cleveland Cavaliers are interested in trading Brendan Haywood to the Portland Trail Blazers in a lopsided deal. This could be a win-win for both teams: Portland could waive Haywood for free before his contract is due for renewal, and Cleveland would get a trade exception that could be used during the season if they need to acquire a player. Portland would likely be compensated with a draft pick for their troubles, but their interest level is unknown.
According to Pro Sports Transactions, the second round picks owned by Cleveland are top-55 protected in 2016 and 2017, and they have no second round pick in 2018. So if they're offering a second round pick, it could only be unprotected in 2019 when the Cavs own Minnesota's pick with no restrictions.
Fun cap related concept - many asking what Cavs will do with Brendan Haywood contract - hearing they may trade it to Portland's cap space— Steve Kyler (@stevekylerNBA) July 19, 2015
If Cavs can get Portland to make the deal in exchange for a draft pick - Cavs can convert Haywood's deal into a TPE valid for one year— Steve Kyler (@stevekylerNBA) July 19, 2015
If Portland agrees, they get a draft pick and simply waive Haywood, so it costs them nothing - but Cavs get a year to use the TPE.— Steve Kyler (@stevekylerNBA) July 19, 2015
Portland, Philadelphia and Utah could all execute a deal for the Haywood contract. Using space to collect an asset is smart cap work.— Steve Kyler (@stevekylerNBA) July 19, 2015
Costs Portland nothing to get something from having enough unused space. What they get in return for it up to them https://t.co/NMH5unJnXm— Steve Kyler (@stevekylerNBA) July 19, 2015