According to a report by ESPN's Brian Windhorst, the Cleveland Cavaliers have traded backup point guard Ramon Sessions to the Los Angeles Lakers. In return, the Cavaliers will receive "a future draft pick."
The total deal is that the Cavaliers will trade Sessions and Christian Eyenga to the Lakers for Luke Walton and the first round pick. Luke Walton makes $5.7 million this year and $6.1 million next year.
In a weird addition, the Lakers now have the ability to swap picks with Miami's pick (which Cleveland owns) in 2013.
As part of the deal, the Lakers also will have the right to swap first-round draft position in 2013 with the Miami Heat’s first round pick, which the Cavs own
I'll give you guys my analysis once I have a chance to breathe.
The Cavs also getting Kapono in the deal:
Terms of the deal were not immediately known.
Sessions is averaging 10.5 points and 5.2 assists for the Cavs this season.
As part of the Ramon Sessions package, the Lakers sent Jason Kapono to Cleveland, league source tells Y! Sports.— Adrian Wojnarowski (@WojYahooNBA) March 15, 2012