Updated: Omri Casspi to Cleveland for J.J. Hickson?

Multiple sources are reporting a deal between the Cleveland Cavaliers and Sacramento Kings involving forwards Omri Casspi and J.J. Hickson is imminent.

From Marc Stein, ESPN.com:

It’s believed that the teams must complete the deal Thursday before midnight to ensure its completion, with a lockout widely expected at 12:01 a.m. ET Friday, barring unforeseen progress in labor talks between the league and the NBA Players Association.

The deal reportedly also involves the Kings sending the Cavs a first-round pick.  From Mary Schmitt Boyer, Cleveland Plain-Dealer:

In addition, the draft pick from Sacramento could be a late lottery pick if the team doesn’t turn things around. It likely would be top-10 protected, so the Kings wouldn’t send it to the Cavs until they’re drafting 11th or lower in the first round.

UPDATE (10:50 am): SI’s Sam Amick spoke with Casspi over the phone and tweeted his reaction:

“I’m happy. It’s a great opportunity for me to play. They don’t really have a 3-man.”

Casspi also tells Amick he spoke with Geoff Petrie and that the deal will be official “in a couple of hours.”

Arrow to top