NBA Note - Atlanta Hawks Jefferson, Richard

Oct 15, 2017 - 8:27 AM F Richard Jefferson, guard Kay Felder, two future second-round draft picks and cash considerations were traded from Cleveland to Atlanta on Saturday. In exchange, the Cavs acquired the draft rights to forward Dimitrios Agravanis and guard Sergey Gladyr.

Sources told ESPN's Adrian Wojnarowski that $3 million is going to Atlanta.

The Hawks later requested waivers on Jefferson and Felder, and they will become free agents after clearing waivers. Jefferson was set to earn $2.5 million this season and Felder $1.3 million.

The trade gets the Cavaliers' roster to 15 ahead of the start of the regular season on Tuesday. The Cavaliers will save $12.8 million in luxury tax by unloading the two contracts, according to ESPN.

"These situations and decisions are some of the toughest to be in and have to make. Certainly, both RJ and Kay are two guys we also wanted to have here with us this season," Cavaliers general manager Koby Altman announced from Cleveland Clinic Courts.

The 6-7, 233-pound Jefferson spent the previous two seasons with the Cavaliers, playing in 153 games (18 starts) with averages of 5.6 points and 2.2 rebounds in 19.2 minutes per contest. A member of the Cavaliers' 2016 NBA championship team, Jefferson appeared in 35 postseason games for Cleveland and averaged 4.8 points and 2.8 rebounds. The 16-year veteran originally signed with the Cavaliers on Aug. 5, 2015.

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