Thunder acquire Waiters from Cavaliers in three-team deal

The Oklahoma City Thunder acquired guard Dion Waiters from the Cleveland Cavaliers Monday.

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The Thunder officially acquired Dion Waiters from Cleveland in a three-team deal where Oklahoma City sent Lance Thomas to New York and the Knicks gave up J.R. Smith and Iman Shumpert to Cleveland.

The deal was finalized right before Monday night’s game at Golden State.

Waiters (6-foot-4, 225 pounds) was the fourth-overall pick in the 2012 draft and he has averaged 14.3 points in two seasons with Cleveland. He’ll come off the bench for the Thunder who will get some more offensive productivity as well get some insurance for guard Reggie Jackson, who may not return to the team after his contract is up after this season.

The Thunder also gave up a protected draft pick to the Cavs.

"Dion Waiters is a player that we’ve tracked and liked since his time at Syracuse," OKC general manager Sam Presti Said. "Dion provides another scorer that positively impacts our roster and adds depth and flexibility."

Follow Andrew Gilman on Twitter: @andrewgilmanOK