The Cleveland Cavaliers have traded Brendan Haywood and Mike Miller to the Portland Trail Blazers.
Haywood's contract is non-guaranteed for the 15-16 season at $10.5 million.
Portland will receive second round picks from the Cavaliers in 2019 and 2020.
The Cavaliers were unable to find a suitable trade using Haywood's contract and will instead have two traded player exception that can be used later in the amounts of $10.5 million and $2.85 million.
Trading away Miller could save the Cavaliers as much as $10 million in salary in luxury taxes.