Wojnarowski: Blazers Trade For Cavaliers Forward Rodney Hood

The Trail Blazers have made a trade to acquire Cavaliers forward Rodney Hood. The Blazers have been tied to several rumors regarding wings and it appears they finally pulled the trigger on a deal that will bolster their depth on the perimeter.

ESPN’s Adrian Wojnarowski delivered the news of the trade on Sunday.

According to the report, the Blazers will send Nik Stauskas, Wade Baldwin IV and a pair of second-round picks to the Cavaliers in exchange for Hood. In an update from Wojnarowski, it was revealed that Cleveland will receive extra second round selections from Portland in 2021 and 2023.

Wojnarowski went on to explain that this move was driven by two main factors: Portland’s pursuit of an offensively gifted forward and Cleveland’s desire to add draft picks.

Prior to the completion of the trade, Hood had to agree to the move to Portland. Hood signed a one-year qualifying offer with Cleveland in the summer—a detail the requires his permission for any trade. Given the Cavaliers 11-42 record, the move for Hood appeared to be fairly obvious.

Hood, a 2014 first-round pick, has started in 45 games for the lowly Cavaliers this season. He is averaging 12.2 points per game on 42.7 percent shooting from the field.

According to ESPN’s Bobby Marks, adding Hood will slightly increase the Blazers’ luxury tax bill. After exchanging the salaries of the players involved, Portland’s bill will move from $12.6 million to $13.3 million.

As noted by Marks, Maurice Harkless’ 3-point percentage will also impact the size of the Blazers’ luxury tax bill.