Cleveland Cavaliers to waive JR Smith

Kevin Love Cavs

Kevin Love Cavs

The Cleveland Cavaliers seemed to have plenty of belief that they would be able to acquire a quality asset and/or a valuable future National Basketball Association first-round draft pick in exchange for the trading of J.R. Smith and his unique contract. After just 11 games this past season, the team him on the bench and he hasn't played a single minute since.

There has been talk that the Los Angeles Lakers would be a team with an interest in Smith, though that may be coming from his agency, Klutch Sports, and not the Lakers themselves.

So what's the first takeaway on the situation involving Smith?

By dropping Smith and stretching his minimal guaranteed sum over three years the Cavs were able to sneak under the luxury tax. Following general manager Koby Altman's teardown of the team after James' second departure from Cleveland, Smith has been away from the team and appeared in only 11 games during the 2018-19 National Basketball Association season. The Cavs tried to trade him in the months since, but a deal never came to fruition despite reportedly receiving an array of offers.

The Suns declined Bender's 2019-20 team option in October, making him available this offseason. Cleveland had a chance to move Smith before the deadline but chose to hold on to him with the hopes of dealing him this summer, according to Cleveland.com.