Marc J. Spears @SpearsNBAYahoo
Grizzlies trade Speights, Selby and pick to Cavs for Lauer, source said.
Ken Berger @KBergCBS
League source confirms Grizzlies agree to send Marreese Speights, Josh Selby to Cavs for Jon Leuer. There is a pick involved in deal.
Marc J. Spears @SpearsNBAYahoo
Cavaliers also get a second round pick in trade.
Ken Berger @KBergCBS
The trade saves the Grizzlies about $4M, pushing them under the tax line and eliminating financial need to move Rudy Gay this season.
Confirmed deal: The Grizzlies would send big man Marreese Speights, guard Wayne Ellington and guard Josh Selby to the Cavs for big man Jon Leuer. There are also believed to be a future draft pick involved in the deal.
A very good deal for the Cavs.