The deal is done. The details are here. Basically, Cavs get Ben Wallace, Joe Smith, Wally Szczerbiak, Delonte West and a second-round draft pick for Larry Hughes, Drew Gooden, Ira Newble, Donyell Marshall, Shannon Brown, and Cedric Simmons. Pretty crazy. And, I think, qualifies as the blockbuster. In full disclosure, the deal I was talking about last night was Hughes for Wallace and then the Cavs would be able to move Gooden for a shooting guard. It obviously got a lot more complex today.
Here is the instant reaction, one of the things being talked about within the Cavs front office over the last few days was the need to get someone in here to deal with potential matchups with the Celtics in the playoffs. Wallace could be that guy. He also gives them an edge in dealing with the Pistons as well. Szczerbiak is guy who is the type of player that works well with LeBron, he's a shooter, although he's had injury problems. Cavs are taking on some huge salary here, but they are not really extending their commitments. Wallace is signed for two more years (like Hughes) and Smith and Szczerbiak will have expiring contracts next season. West will be a restricted free agent.
To me the key here is just what Wallace brings. He's not the player he was in Detroit, I think most people agree with that. But can he be a major defensive presence, especially come the playoffs. To me that will define this deal. Maybe he will, maybe he won't. Lots of people are down on him and he's not having a good year. He is the key in my mind.
Still much, much more to come down the line. Cavs have a press conference at 5:30.