The Orlando Magic is trading Channing Frye to Cleveland in a three-team deal that involves the Portland Trail Blazers. The Cavs will send Anderson Varejao with a 2018 first-round pick to Portland.
Channing Frye will be sent to the Cavs from Orlando, I'm told. Anderson Varejao will wind up in Portland. More to come.
— Sam Amick (@sam_amick) February 18, 2016
To take on Varejao's deal, the pick that Cleveland sends to Portland will be a 2018 first-round pick, league sources tell @TheVertical.
— Adrian Wojnarowski (@wojespn) February 18, 2016
The Blazers will waive Tim Frazier to accommodate the acquisition of Varejao, and will waived Varejao once the trade goes through.
The Portland Trail Blazers will likely waive Anderson Varejao, league sources tell @TheVertical.
— Adrian Wojnarowski (@wojespn) February 18, 2016
Portland is waiving guard Tim Frazier to clear a roster spot to absorb Anderson Varejao from Cleveland, league source tells The Vertical.
— Shams Charania (@ShamsCharania) February 18, 2016
Orlando will receive Jared Cunningham and a Portland second-round pick. Cunningham is also expected to be waived.
Jared Cunningham will also go to Orlando from Cleveland in that deal, I'm told, but he's expected to be waived. Magic also get a 2nd rounder
— Sam Amick (@sam_amick) February 18, 2016
