Saturday, June 13, 2026

The NBA’s First Trade Domino

  • The Pacers and Cavaliers executed the first trade before Thursday’s deadline.
  • Indiana saved $26 million and Cleveland acquired a starter in Caris LeVert.
Trevor Ruszkowski-USA TODAY Sports/Design: John Regula

On Sunday, Indiana sent Caris LeVert and a second-round pick to Cleveland for Ricky Rubio, a first-rounder, and two future second-round picks. 

In an otherwise quiet trade deadline season, the first big move was made by teams moving in different directions: The Pacers could be headed for a rebuild, and the Cavaliers are one game out of the East’s 1-seed.

LeVert is the first domino to fall in what looks like the Pacers’ desire to clear up cap space, while Cleveland adds a complementary backcourt playmaker for All-Star Darius Garland.

  • Ricky Rubio’s $17.8 million contract expires this summer, putting Indy $26 million below the cap ($94M payroll).
  • LeVert (18.7 PPG) is a capable scorer who played his first four seasons with Cavs’ star big man Jarrett Allen.
  • He also fills a need: Since Rubio’s injury on Dec. 30, the Cavs averaged the fifth-fewest drives per 100 possessions. LeVert’s 20.9 drives are fifth-most in the NBA. 

LeVert — who grew up in Ohio — is in the second season of a three-year, $52.5 million contract but is expected to sign a long-term extension this upcoming summer, according to ESPN.

Allen and LeVert were part of the four-team blockbuster in November 2020 which sent James Harden to the Nets. Considering how things are playing out in Brooklyn, it looks like the Cavs won that trade.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jun 10, 2026; New York, New York, USA; New York Knicks forward Og Anunoby (8) scores on a rebound against San Antonio Spurs guard Dylan Harper (2) in the fourth quarter during game four of the 2026 NBA Finals at Madison Square Garden. Mandatory Credit: Geoff Burke-Imagn Images

Epic Knicks Game 4 Comeback Drew 20.9 Million ABC Viewers

The instant classic extends a heady viewership run for ABC . 
Apr 4, 2024; New York, New York, USA; New York Knicks executive chairman James Dolan sits court side during the first quarter against the Sacramento Kings at Madison Square Garden

The Knicks Keep Winning. James Dolan Keeps Beefing

The Knicks owner continues his streak of high-profile feuds.
Atlanta, GA - March 7, 2026 - Turner Studios: Shaquille O'Neal , Ernie Johnson, Kenny Smith, and Charles Barkley during the 2026 NBA marketing campaign featuring Inside the NBA on ESPN.

Burke Magnus: ‘Inside the NBA’ Was ESPN’s ‘Missing Piece’

ESPN has been thrilled with the studio show’s NBA Finals debut.
Apr 30, 2026; Philadelphia, Pennsylvania, USA; Boston Celtics forward Jayson Tatum (0) reacts to his score against the Philadelphia 76ers during the second quarter at Xfinity Mobile Arena

Tatum Leaves Door Open for St. Louis WNBA Expansion Bid

The Celtics star wouldn’t comment directly, but also didn’t deny his involvement.

Featured Today

Ai sports slop

How Sports Became Ground Zero for AI Slop

The category is the perfect breeding ground for AI content churn.
FILE PHOTO: Soccer Football - FIFA World Cup - UEFA Qualifiers - Group A - Germany v Luxembourg - Rhein-Neckar-Arena, Sinsheim, Germany - October 10, 2025 Germany coach Julian Nagelsmann
June 4, 2026

‘Weird Corners of the World’: How to Find a World Cup Coach

National associations look for a winning record—and also hope for serendipity.
June 3, 2026

The Elite High Schools Hosting World Cup Teams

Spain, Morocco, Croatia, and Switzerland chose schools as their tournament base camps.
Frances Cabral-Delaney
May 29, 2026

How Arsenal Fandom Went ‘Manic’

“People do not become Arsenal fans because it’s easy,” says Zohran Mamdani.

Knicks Are 1 Win From Title After Historic Comeback

It was the largest comeback in an NBA Finals game ever.
Soccer Football - LaLiga - Osasuna v Atletico Madrid - El Sadar Stadium, Pamplona, Spain - May 12, 2026 Atletico Madrid's Alexander Sorloth in action with Osasuna's Valentin Rosier
June 10, 2026

What Really Happened With the Spanish Soccer Team and Kalshi

The club said it wanted to clear up its actions after “recent reports.”
June 10, 2026

From Angel Reese to ‘Loser Mentality,’ Sky Tumult Continues

Reese and the Atlanta Dream are 8–3.
Sponsored

How Long Acre Tavern Is Built to Handle Soccer’s Biggest Moments

Learn how Spectrum Business helps keep Long Acre Tavern in Times Square connected and ready to serve soccer fans from around the world.
June 10, 2026

Pritzker to Bears: Win Over Lawmakers, Get a Special Session

The Illinois governor holds the Bears responsible for prior legislative failures.
Jun 8, 2026; New York, New York, USA; New York Knicks guard Josh Hart (3) shoots against San Antonio Spurs guard Stephon Castle (5) in the third quarter during game three of the 2026 NBA Finals at Madison Square Garden.
June 9, 2026

Ticket Prices for Game 4 at MSG Drop Following Knicks Loss

Ticket demand falls sharply for Wednesday’s Game 4.
Jun 5, 2026; San Antonio, Texas, USA; The New York Knicks fans celebrate after the Knicks defeat the San Antonio Spurs in game two of the 2026 NBA Finals at Frost Bank Center.
June 8, 2026

Knicks Merch Sellers Struggle to Keep Up With Demand

“The hardest part is not keeping all the good vintage Knicks stuff for myself.”
Apr 28, 2026; New York, New York, USA; General view of Madison Square Garden as fans wave their rally towels during the first quarter of game five of the first round of the 2026 NBA Playoffs between the New York Knicks and Atlanta Hawk
June 8, 2026

The Knicks Fans Turning Down $25K to Keep Finals Tickets

“I don’t think I’d forgive myself if I sold and didn’t go.”