The Cleveland Cavaliers have landed forward/center Marreese Speights, guard Wayne Ellington, guard Josh Selby and a first-round draft pick from the Memphis Grizzlies for forward Jon Leuer, the team announced Tuesday.
"Marreese will strengthen our front court, while Wayne and Josh will add depth to our back court. At the same time, we are adding a valuable asset with another future first round pick, while also maintaining our future flexibility," Cavaliers general manager Chris Grant said in a statement.
The deal allows the Grizzlies to slice $6 million in payroll and get under the luxury tax threshold.
Speights has averaged 6.5 points and 4.7 rebounds as a big man off the bench for the Grizzlies, but earns $4.2 million this season. He has a $4.5 million player option for next season. Ellington has averaged 5.5 points in 40 games off the bench for the Grizzlies.
Selby has only played in 10 games this season, averaging two points. Leuer has played in nine games, averaging 2.4 points.
In other Cavaliers news, the team recalled forward Kevin Jones from their D-League Canton Charge team. Jones has appeared in six games for the Charge this season, averaging 23.8 points and 12.3 rebounds in 40.8 minutes.
---Injured Chicago Bulls guard Derrick Rose continued to participate in more contact work Tuesday during practice.
"Derrick went to the next step today, did more contact," Bulls coach Tom Thibodeau told the Chicago Tribune. "But everyone has to be patient."
The Bulls still project a February return for the former NBA Most Valuable Player as he continues his rehab after knee surgery.
"He has to go through that for an extended amount of time," Thibodeau said. "That's not going to be, 'Okay, one or two days of contact and he's going to be out there. That's not going to happen. He's doing his part. He's showing great patience. Everyone else has to.
"When he's ready -- whenever it is -- when he's ready, that's when he comes back. Not earlier than he's ready, not later."