The Cavaliers trade veteran Richard Jefferson to the Atlanta Hawks 

What's the story?

The Cavaliers have agreed to trade veteran forward Richard Jefferson and second-year point guard Kay Felder to the Atlanta Hawks the move was made to save money and get their roster to 15. The Vertical's Shams Charania was the first to report it:

Cleveland is in advanced talks on a deal to send Richard Jefferson and Kay Felder to Atlanta, league sources tell The Vertical.

— Shams Charania (@ShamsCharania) October 13, 2017

In Case you didn't know

Richard Jefferson signed with the Cleveland Cavaliers on August 5, 2015. He started in Game 3 of the 2016 NBA finals in place of the injured Kevin love and provide nine points and eight rebounds in 33 minutes of play that helped the Cavs get their first win of the series. Cleveland would go on and win the series despite being down 3-1.

After winning his first NBA Championship Jefferson considered retirement but decided against it and signed a two-year deal worth around five million dollars. Now with the Cavs getting Jae Crowder, Jeff Green, and Cedi Osman, Jefferson services were no longer needed. By trading him and not releasing him, they saved 12.8 dollars in luxury tax.

The trade of Richard Jefferson and Kay Felder to Atlanta will save the Cavaliers $12.8M in luxury tax penalties.

— Bobby Marks (@BobbyMarks42) October 13, 2017

What's next?

The Cavaliers will receive the rights of two European players and receive a 2.6 and 1.4 million dollars trade exception. As for the Atlanta Hawks, the received 3.7 million dollars from Cleveland and will waive both Jefferson and Kay Felder, according to ESPN's Adrian Wojnarowski.

Atlanta plans to waive Richard Jefferson, league source tells ESPN. He can become a free agent upon clearing waivers.

— Adrian Wojnarowski (@wojespn) October 13, 2017

As to where both players will land, it's hard to tell for Felder but Jefferson could retire or join a Golden State Warriors, San Antiono Spurs, OKC Thunder or Houston Rockets.

Authors Take?

I think Richard Jefferson was just what the Cavs needed when he was in Cleveland. He competed hard on the defensive end and could spread the floor on the offensive end. He was beloved by all of Cleveland because of the effort he brought every night despite his age.