In NBA News: NY Knicks Trade J.R Smith, Iman Shumpert To LeBron James Cleveland Cavs

Published On January 6, 2015 | By admin | Local & Worldwide News

The Knicks’ housecleaning has officially begun. Team president Phil Jackson cleared more players and future cap flexibility from his capsizing roster on Monday night, agreeing to ship J.R. Smith and Iman Shumpert to join LeBron James in Cleveland in a three-player swap that will net the 5-31 Knicks no significant players in return.

In the salary-dumping swap, which also reportedly will send guard Dion Waiters from the Cavs to Oklahoma City, the Knicks will receive Lance Thomas from the Thunder and Alex Kirk and Lou Amundson from Cleveland, along with a 2019 second-round pick. All three players are expected to be waived, as will veteran center Samuel Dalembert.

Separate reports that the Knicks also were set to acquire either Thunder guard Reggie Jackson or a protected first-round pick from Oklahoma City in the deal were erroneous.

The Knicks, who were looking to avoid matching their single-season franchise record of 12 consecutive losses (1984-85) against the Grizzlies, pulled Smith and Dalembert from the lineup about 30 minutes before tipoff.

The move officially clears Smith’s $6.4 million player option off the books for next season and also saves the Knicks another $2 million of Dalembert’s $3.8 million deal for the remainder of this year, which would have become fully guaranteed on Jan. 10

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