5:52pm: The Sixers intend to waive Kaun, according to Wojnarowski (via Twitter). As I noted below, Cleveland sent Philadelphia enough cash to make the move worth the 76ers’ trouble, per Wojnarowski.
5:42pm: The Sixers and Cavaliers have completed a trade, according to a press release issued by the 76ers. The deal sends center Sasha Kaun and cash considerations to Philadelphia in exchange for the rights to Chu Chu Maduabum. Adrian Wojnarowski of The Vertical tweets that the move clears the way for the Cavs to finalize their signing of Chris Andersen.
Kaun, 31, played his college ball at Kansas and was selected with the 56th overall pick in the 2008 NBA draft. However, as a draft-and-stash prospect, it took him seven years to formally join an NBA roster. Kaun agreed to a two-year contract with the Cavaliers last summer, and still has one season remaining on that deal — he’s owed $1,333,420 in 2016/17.
In his lone season in Cleveland, Kaun didn’t see much action, averaging only 3.8 minutes in 25 games. While it’s possible he’ll see a larger role with the Sixers, Philadelphia has a logjam in its frontcourt at the moment, so this looks like a salary dump for Cleveland. I imagine the Cavs are sending the Sixers more than enough money to cover Kaun’s salary.
Meanwhile, the Cavs didn’t open up any cap room by moving Kaun, since cap holds for LeBron James and others ensure the team is still well over the cap. Wojnarowski’s suggestion that the move opens the door for the club to add Andersen is probably more about clearing a roster spot, and perhaps limiting the team’s tax bill.