Cavs to Use Trade Exception to Acquire Mike Dunleavy

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The Chicago Bulls have agreed to trade forward Mike Dunleavy to the defending champion Cleveland Cavaliers. The Cavs will use part of Anderson Varajeo‘s trade exception to absorb Dunleavy’s $4.8 Million salary.

This move will allow the Bulls to complete a deal with superstar and hometown boy Dwayne Wade, who agreed to a two year, $47.5M deal on Wednesday night. Wade, 34, is joining the Bulls after 13 years with the Miami Heat organization. He will pair up with fellow signee Rajon Rondo in the Bulls back-court.

Dunleavy, 35, signed a three year deal with the Bulls last off-season, but saw a dip in his playing time. He’ll go to the Cleveland Cavaliers, who are built to win now and could very well do so next season.

Speaking of the Cavs, ESPN NBA Insider Marc Stein provided an interesting tidbit about this trade:

Photo Credit: David Richard-USA Today Sports

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