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Tuesday, January 22, 2013

Memphis trades ex-KU guard Josh Selby to Cleveland

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— The Memphis Grizzlies have agreed to trade former Kansas University guard Josh Selby, Marreese Speights, Wayne Ellington and a future first-round draft pick to the Cleveland Cavaliers for Jon Leuer.

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Associated Press

In this Nov. 28, 2012, file photo, Memphis Grizzlies guard Josh Selby (2) works the ball against Toronto Raptors forward Dominic McGuire (1) during the second half of an NBA basketball game in Memphis, Tenn. The Grizzlies have agreed to trade Selby, Marreese Speights, Wayne Ellington, and a future first-round draft pick to the Cleveland Cavaliers for Jon Leuer on Tuesday, Jan. 22, 2013.

The trade Tuesday is the first big move by the Grizzlies' new ownership and clears about $6 million in salary in getting Memphis under the luxury tax threshold this season. The Grizzlies rank fourth in the West and are 6-4 over their past 10 games after the NBA's best start this season.

The deal gives the lottery-bound Cavs another first-round pick to improve a team entering Tuesday night's home game against Boston with a 10-32 record — second-worst in the Eastern Conference. Speights also will help replace center Anderson Varejao who will miss the remainder of the season after developing a blood clot in his right lung.

Varejao remains hospitalized at The Cleveland Clinic.

The ownership group led by Robert Pera took over the Grizzlies on Nov. 5, and they had been scheduled to pay about $4 million in luxury tax this season with a payroll more than $74 million. This should help Memphis keep its starters Rudy Gay, Zach Randolph, Marc Gasol, Mike Conley and Tony Allen together the rest of this season for another postseason run.

"It's a trade that had to be made from a business decision, so we have a chance to keep our core together and we move forward," Memphis coach Lionel Hollins said. "Hate to lose Mo and Wayne or Josh, but it's part of the business of basketball and you have to do things. You have to make some tough decisions, and tough decisions were made and we live with them and move forward."

Speights is earning $4.2 million this season, while Ellington's salary is $2 million. The Grizzlies also get a $6.4 million trade exception good for a year to help sign a free agent or use in a trade.

The 6-foot-10 Speights, whose contract expires next season, will help ease the loss of Varejao, who was leading the NBA in rebounding. Speights averaged 6.6 points and 4.7 rebounds as one of the Grizzlies' top reserves but had been averaging only 14.5 minutes this season coming off the bench in Memphis. The return of forward Darrell Arthur from an early-season injury diminished Speights' minutes even further. Arthur, in his fourth year out of Kansas, has averaged 7.9 points and 3.9 rebounds in 20.4 minutes in 12 games this month.

"Marreese will strengthen our front court, while Wayne and Josh will add depth to our back court," Cleveland general manager Chris Grant said in a statement. "At the same time, we are adding a valuable asset with another future first round pick, while also maintaining our future flexibility."

The Cavaliers also waived Jeremy Pargo to create room for the trade.

Selby had played in just 10 of the Grizzlies' games this season, averaging 2.2 points in 5.9 minutes during mop-up time. The second-year pro from KU averaged 22.0 points, 7.0 assists and 6.5 rebounds in 34.0 minutes when he was assigned to the D-League for two games in late December.

Comments

Joe Ross 1 year, 3 months ago

For SOME here there is a tension between our selfish desire as fans to have kids stay, and the inevitable conclusion that many of these kids reach; namely, that it's in their best interest to leave. It's obvious to at least me that some arguments highlight other "merits" of staying, when the truth is that we just don't want to give them up. We need to.

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Joe Ross 1 year, 3 months ago

Slayer: RE: "I don't care what anyone says in here... BMac should stay one more year and round out his game. Basketball is more than a highlight film and BMACulate needs to take his time in college (while enjoying his life) and round out his game."

Do not forget that BMac, though he will have only one year playing experience by the time he is drafted, was actually on campus and competing for TWO years. Not the normal one-and-done situation. That's twice the instruction most OADs receive. An extra year will not help him improve his stock.

No. No, it won't.

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nostradavid 1 year, 3 months ago

Enjoy the Lawrence lifestyle while you can, kids. You'll have to work for a long, long time after you move on. Stick around and be The #1 pick in the draft if you're good enough. It worked for Danny.

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Scott Smetana 1 year, 3 months ago

Haven't a few projected top 3 picks stayed in school in the past? Seems like someone did it at UNC. In other words, do we have any hope for 1 more year with Bmac? He seem to be having a great time.

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William Blake 1 year, 3 months ago

There is a 30-for-30 covering the financial problems these kids get in to and everyone in here needs to watch it before commenting in here.

These kids have no experience dealing with money. $800k a year sounds like a fortune... until all the taxes and handlers are paid. Everyone in the family (or distant wannabe family) all lines up for a new car or house. Momma comes first.

It is rare to find one of these kids not in total debt and on course for bankruptcy... even if they continue to play because their issues with money just get magnified by the continuance of staying in the league.

These kids need to stay in school and grow up, and in the process, make some quality friends to help for the challenge ahead.

And no one talks about what a disjointed lifestyle it is playing in the pros. Seasons are long and life is out of a suitcase and living in hotels. If you interview any of these freshmen they will tell you how homesick they are at KU (early on). What do you think happens when they join up in the big boys league?

Life moves too fast for these kids and they need to stay in school. Period!

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jhawkrulz 1 year, 3 months ago

If I could have got my "NBA" in a year, I would have. Instead I had to settle for an Accounting, Business Administration, and a MBA in five. I graduated about 15 years ago, and in his two years, he has made about as much me. And I would guess more than most people that have posted on this site.

The problem isn't the kids leaving early, the problem is the way they structured the NBA Labor Agreement. I'd love to see the NCAA actually do something about it, they are the only organization that has the capability to change the system.

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KU_alum_2001 1 year, 3 months ago

First off, like most of you, I disagreed with Josh leaving. However, many of the comments on this board are either just irrelevant, ignorant, or naive. Within the first three posts, I see people saying 'unless you're Kyrie Irving...' or 'look at Julian Wright...'. Let's get something straight. Selby was just as highly regarded as Irving coming into college. Irving had no guarantee he'd make it in the NBA. Nobody does. We've seen plenty of flameouts. Josh clearly didn't put up the numbers that Irving did but he also wasn't the focus of the offense the way Irving was. Selby was turned into a role player and left that way.

And don't beat up on Julian Wright whom left after his sophomore year. Hell, Cole left after his junior year. How's he doing? Are we going to sit here and say that every guy that leaves early and doesn't succeed made a mistake? For some of these guys, it's a business decision. Cole left because his draft value had peaked. The same with TRob. They weren't going to be drafted higher by staying another year. The same might be true for Wright. He left because he saw his value as having peaked. We can't say that we knew Carmelo would be an All-Star after his freshman year but that J Wright would be out of the league after his sophomore year.

Third, Selby is a Jayhawk. When he hit the game winner over USC, you cheered him. Now so many of you turn on him because he didn't stick around to entertain YOU for another year. He made his bed. Support him as a fellow Jayhawk. The same goes for Xavier.

We have no idea what would or wouldn't have happened to Josh had he stayed. He's clearly talented. That doesn't mean it would have been demonstrated or that he would have fit into Self's system. Who knows? There's no crystal ball.

Fifth, as HottRod said, this is a system where kids come in and make millions for the university and get little for it in return. Some of these guys come from backgrounds of pure poverty. How dare we judge them for wanting to live a dream they never thought possible a year earlier than WE think appropriate.

Sixth, championship team, mgolany? Uhhhhmmm... they lost to UK. There was no championship. Don't speak of hypotheticals as if everything would have been the same except for the final score of the final game of the season if Josh had stayed. That's absurd. Ask Sullinger or Harrison Barnes how that worked out for them.

Finally, don't compare him to BMac and say "there's your proof." BMac is clearly a superior athlete (Self even says he's the best athlete he's ever had), is tall, is older (despite being a "freshman"), and may not be here today had he been eligible last year. You cannot simply make that kind of irrelevant statement and call it fact.

Selby, I think it was a mistake for you to leave early but I sure as hell pull for you to make it everyday, and I hope the Cavs give you a chance to prove yourself. Good luck and Rock Chalk. The same for you, X.

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Mo Golany 1 year, 3 months ago

Yea bust unfortunetly! Should have stayed he would have been on a championship team but the money talks to these guys. Hope they are smart and don't blow it all but it's looking like Josh will be out of the league soon.

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Gil Ek 1 year, 3 months ago

Felt the same way about Josh leaving way too early.. Where is Julian Wright? X, and others? A few million, minus agent fee and taxes. That will give you $20,000-$30,000 a year not touching the principal to live a 50 year life on. Most will be broke by age 30.

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HottRod 1 year, 3 months ago

If McLemore had played last year and had NBA draft value he would have left too. These kids strike while the iron is hot. I think 99% of people given the choice would take a guaranteed million(s) dollar paycheck over a college career, its probably the best decision a college athlete can make. Hopefully the Cavs work out for Selby, I had high hopes for him coming out of high school.

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Ethan Berger 1 year, 3 months ago

I'm still upset the Josh jumped after 1 year. Look at B Mac, gets one year of practice only. Goes from a 4 star high school recruit to top 5 projected pick.

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