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Cavs make Mike Dunleavy trade official

The Mike Dunleavy trade is official.

NBA: Detroit Pistons at Chicago Bulls Matt Marton-USA TODAY Sports

Mike Dunleavy is officially a Cleveland Cavalier.

Dunleavy, who was reportedly dealt to the Cavs yesterday, joins the Cavs from the Chicago Bulls. Per the Cavs’ official release, Cleveland acquired Dunleavy and the rights to forward Vladimir Veremeenko in exchange for the rights to forward Albert Miralles, who the Cavs acquired in the Matthew Dellavedova sign-and-trade. Dunleavy, who is set to make $4.4 million next season, will be absorbed into the trade exception created by the Dellavedova deal.

"We are very pleased to be able to welcome Mike to our Cavaliers family,” said Cavs GM David Griffin in the release. “His size, shooting, basketball IQ, and versatility make him a great fit for our group on the floor. While his experience, professionalism, grit, and team first character will be key for us in the locker room.”

Veremeenko was selected in the second of the 2006 NBA Draft by the Washington Wizards. He most recently played for Italian club Grissin Bon Reggio Emilia and he likely does not factor into the Cavs’ plans.

At this time, it is not known what number Dunleavy will wear. His customary No. 34 is retired in honor of Austin Carr and No. 17, a number he wore when a member of the Milwaukee Bucks, might be off limits due to it being Anderson Varejao’s former number.

Dunleavy, 35, averaged 7.2 points last season while shooting 39.4 percent from three. He missed the first 49 games of last season with a back injury.