NBA Free Agency: Bulls trade Mike Dunleavy to Cavs, Jose Calderon to Lakers to make room for Dwyane Wade

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NBA, NBA Rumors, Dwyane Wade, Denver Nuggets, Miami Heat
Dwyane Wade (Photo Courtesy: Keith Allison/Flickr)

The Cleveland Cavaliers agreed to trade Mike Dunleavy with Chicago Bulls. The Bulls had to send Dunleavy to Cavs to make room for Dwyane Wade’s cap space.

In another move, the Bulls traded Jose Calderon to Los Angeles Lakers for the same purpose, according Adrian Wojnarowski of the vertical. The Cavs will use their $9.6 million trade exception from the Anderson Varejao trade to absorb Dunleavy’s salary. LeBron James recruited swingman Dunleavy to the Cavs in 2015 summer.

In the other move to create cap space to fit Wade’s salary, Jose Calderon was shipped to the Lakers. Los Angeles will also receive two future second round picks from Chicago in the trade. The Bulls acquired Calderon from the New York Knicks in the Derrick Rose trade.

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The Brooklyn Nets also had interest in the former Knicks man. Calderon featured in 72 games for the Knicks last season, posting averages of 7.6 points and 4.2 assists, according to the CBS Sport.

The Bulls cleared $13 million cap space by managing to trade the two players of their roster.

The Cavs added another shooter by acquiring the swingman from the Bulls. LeBron James loves to have those wing shooters to spread the floor and hit the corners. Dunleavy can also contribute in defense and is capable of becoming a valuable player coming off the bench. Iman Shumpert wasn’t in the best of forms last season, and the Cavs now have an alternative.

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Veteran Dwyane Wade will now lead the Bulls alongside Jimmy Butler. Wade returned to his native Chicago after spending 13 years in Miami.

Photo Courtesy: Keith Allison/Flickr

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