Grizzlies trade Marreese Speights, Wayne Ellington to Cavs

Posted: January 23, 2013

The Memphis Grizzlies traded former Sixer Marreese Speights, Episcopal grad Wayne Ellington, Josh Selby, and a future first-round draft pick on Tuesday to the Cleveland Cavaliers for Jon Leuer.

The trade clears about $6 million in salary in getting Memphis under the luxury tax threshold this season. It also gives the lottery-bound Cavs another first-round pick.

The 6-foot-10 Speights will help replace center Anderson Varejao, the NBA's leading rebounder, who will miss the remainder of the season after developing a blood clot in his right lung, and remains hospitalized at the Cleveland Clinic.

Cavs top Celts

Kyrie Irving scored 15 of his 40 points in the fourth quarter, including several key late baskets, to lead host Cleveland to a 95-90 win over the Boston Celtics.

KJ: Not so fast, Sonics

Sacramento mayor Kevin Johnson had a warning for Seattle SuperSonics fans who are excited about the prospect of the Kings franchise moving to the Puget Sound next season: "Don't celebrate too early."

In front of a cheering City Hall crowd, Johnson, a former star point guard in the NBA, unveiled 20 local investors who have pledged at least $1 million each to be part of a group to buy the Kings.

-Inquirer wire services

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