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The Cavaliers Just Made A Trade That Gives Them Enough Money To Sign LeBron James

Jul 9, 2014, 20:30 IST

Christian Petersen/Getty Images

The Cleveland Cavaliers are part of a three-team trade that will send Jarrett Jack and Sergey Karasev to the Brooklyn Nets and Tyler Zeller to the Boston Celtics, ESPN's Marc Stein reports.

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It may not sound like a blockbuster deal, but its implications are huge. By dumping three contracts, the Cavs now have enough cap space to sign free agent LeBron James to a max contract. Per ESPN's Brian Windhorst, the trade could give Cleveland up to $24 million in cap space, while James' max is $20.7 million.

After days of heavy speculation but few actual moves, this could potentially open the NBA free agency floodgates. We'll be following and updating this story as it develops.

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