Luke Walton

Finnan On Sessions, Kapono, Walton, Boykins

Three games behind the surging Knicks in the Eastern Conference playoff picture, the Cavaliers have a vastly different roster than they did a week ago heading into the final stretch of the season. They'll play host Sunday afternoon to the Hawks amidst a full slate of NBA action. Let's take a look at what The News-Herald's Bob Finnan has to say about the current state of the Cavaliers in the wake of what was a busy trade deadline for the club. 

  • Lakers general manager Mitch Kupchak is very pleased to have been able to acquire Ramon Sessions from the Cavaliers for a first-round pick projected in the mid-20s. "In terms of the draft picks, I don't think we could've found a Ramon Sessions if he were available in the 20s this year in the draft," Kupchak said.
  • The Cavs' decision to cut Jason Kapono wasn't a premeditated move by the team but rather a numbers game given that the Cavs needed to find a roster spot for Manny Harris. As part of the Sessions trade, the Lakers provided the Cavs with enough money to cover the cost of waiving Kapono.
  • Much of the criticism surrounding what the Cavaliers received from the Lakers stems from Luke Walton's $6.1MM contract for next year. The hefty price tag for adding a first-round pick hasn't deterred Cavs head coach Byron Scott from feeling optimistic about the team's standing heading into the draft. "I'm very excited about what we did as far as getting another first-round pick, which is very exciting for us to go along with the one we have and our two second-round picks," Scott said. "So, like I said in the short term and in the long term, it was the best thing for us to do and we feel pretty good about it."
  • If the Cavs didn't resign Harris, they would have seriously considered adding Earl Boykins to the mix. Boykins, 35, was serviceable last season with the Bucks where he averaged 7.2 PPG in limited action.

Reactions To The Ramon Sessions Trade

Earlier today, the Lakers traded Luke Walton, Jason Kapono, and a first-round pick to the Cavaliers for Ramon Sessions and Christian Eyenga. Here's a roundup of reactions to the deal from around the web:

Hollinger On Deadline Deals

ESPN.com's John Hollinger has posted grades for every trade that took place today. The post is only available to ESPN Insider subscribers, but here are the highlights:

  • The Nuggets were smart to shed Nene's contract, even if trading for JaVale McGee is a risk.
  • However, Hollinger views the Wizards' acquisition of Nene is an overreaction to McGee's contract demands.
  • For the Clippers, Hollinger doesn't believe Nick Young is a perfect solution, but that he's worth the risk since they didn't have to give up any significant assets.
  • Hollinger praises the Blazers' rebuilding effort in the Gerald Wallace trade, although he has reservations about the players they got back from Houston for Marcus Camby.
  • He doesn't think the Nets made a smart move giving up a lottery pick for short-term help when they risk losing Deron Williams at the end of the season.
  • Hollinger likes the Rockets' acquisition of Camby as a short-term pick-up to help them make a playoff run.
  • The Warriors' acquisition of Richard Jefferson is counterproductive to their efforts to tank for a draft pick, Hollinger writes. However, he praises the Spurs for shedding Jefferson's contract for Stephen Jackson's shorter one.
  • Hollinger questions the Cavaliers for taking on Luke Walton's expensive contract while giving up Ramon Sessions, but loves the deal for the Lakers, as Sessions is a massive upgrade at point guard over Derek Fisher and Steve Blake.
  • Hollinger likes the Sam Young acquisition for the 76ers, and while he doesn't believe losing him will shift the Grizzlies' playoff hopes one way or another, he questions whether it was necessary to shed him simply for cap reasons.
  • He sees the Leandro Barbosa trade as a low-risk deal for both the Raptors and Pacers, giving Indiana immediate help at shooting guard while freeing up room for other players to get more minutes in Toronto.

Recap Of Trade Deadline Deals

Here's the complete list of trades that took place this week leading up to the trade deadline earlier today:

Lakers To Acquire Ramon Sessions

1:39pm: The Lakers will also send Jason Kapono to the Cavaliers in the trade, tweets Wojnarowski.

12:32pm: The Lakers and Cavaliers have agreed to a trade that will send Ramon Sessions to Los Angeles for a first-round pick, tweets Brian Windhorst of ESPN.com. According to Jason Lloyd of the Akron Beacon Journal, the Lakers will also receive Christian Eyenga in the deal, and will send Luke Walton to the Cavs. The first-rounder is the Lakers' 2012 pick, and will be top-14 protected (Twitter link). The Cavs also gain the option of swapping the Heat's 2013 first-round pick for the Lakers' '13 first-rounder, depending on which is higher, says Lloyd (Twitter link).

The pairing of the Lakers, who badly needed point guard help, and Sessions, who was stuck behind Kyrie Irving in Cleveland, seemed inevitable for weeks. When I examined Sessions as a trade candidate on February 2nd, I said I could see the Lakers eventually acquiring the point guard for a protected first-round pick.

By trading Walton in the deal, the Lakers avoid having to use their Lamar Odom trade exception to acquire Sessions. That $8.9MM exception is still available for another deal, perhaps for Michael Beasley, who is still drawing interest from L.A., according to Alex Kennedy of HoopsWorld (via Twitter).

The price the Cavs pay for adding another first-round pick for this year's draft is taking on Walton, who will be due $6MM+ next season after his trade kicker takes effect. For the Lakers, Sessions holds a player option worth $4.55MM for next season, while Eyenga is still on his rookie contract.

Before making the move for Sessions, the Lakers were discussing D.J. Augustin with the Bobcats, reports Yahoo's Adrian Wojnarowski (via Twitter).