Report: Cavs have trade of Jarrett Jack in place
JUL 07, 2014 2:17a ET
A trade that will send Cavaliers guard Jarrett Jack to the Nets is in place, provided a third team is found to take Nets guard Marcus Thornton, according to Yahoo Sports insider Adrian Wojnarowski.
FOX Sports Ohio was able to confirm the report, delivered by Wojnarowski on FOX Sports Radio on Sunday night.
Jack has been at the center of trade talks for some time, and the Cavs and Nets have been discussing this potential deal, or some form of it, since around the trading deadline in February, sources said.
These particular trade talks between the Cavs and Nets have been revisited several times this summer.
The Cavs are trying to clear salary-cap space in an effort to sign Heat star LeBron James to a maximum free-agent contract. As of late Sunday, the Cavs had received no commitment from James or agent Rich Paul, sources said.
Even without James, a source familiar with the trade talks told FOX Sports on Sunday the Cavs will trade Jack before the start of the season.
"He's gone, one way or the other," the source said of Jack.
Jack, 30, was signed to a three-year deal believed to be worth $18.9 million before the start of last season. The Cavs would like to trade him before dealing with any other possible roster moves, sources said.
The Suns, Mavericks and Timberwolves are said to be among the teams that may have an interest in Thornton.