CLEVELAND (92.3 The Fan) – The JR Smith era in Cleveland has come to an end. The Cavaliers announced Tuesday that Smith will no longer be with the team.
The Athletic is reporting that the 15-year pro is not working on a buyout, but would rather have a deal worked out to be sent elsewhere.
The veteran’s contract can be traded for his full $15.6 million value and then waived for just under $4 million in guaranteed money next summer.
From the Cavs:
The Cleveland Cavaliers announced today that JR Smith will no longer be with team as the organization works with JR and his representation regarding his future. The organization wishes JR and his family well and appreciates and thanks him for his contributions in the community, to the team and his role in the 2016 NBA Championship.
The NBA trade deadline is Feb. 7. The Cavs are off until Wednesday, when they take on franchise legend LeBron James and the Los Angeles Lakers in Cleveland.