The Blazers will send the Cavaliers 2 second-round selections, one in 2021 and one in 20 23, along side the expiring contracts of guards Nik Stauskas along with Wade Baldwin, sources said.
Hood had to agree on this trade because his signing of a yearlong, $3.4 million qualifying offer last summer with Cleveland granted him veto rights. His enthusiasm for connecting the Blazers to a playoff push allowed for his endorsement of the deal, league sources said, although he will lose his outspoken rights in summer free bureau. Portland can Hood using a few of its exceptions. The Blazers are all fourth largest and 32-20 in the Western Conference.
The Cavaliers are continuing to add draft resources and are still pursuing transactions such as guard Alec Burks and J.R. Smith before Thursday’s trade deadline. With in-season transactions such as Hood, Kyle Korver, George Hill and Sam Dekker, Cleveland has seven draft picks — including a first-rounder and six second-round choices.
He spent three-plus seasons with all the Utah Jazz before becoming to Cleveland this past year as part of a three-team thing.
ESPN front-office literary Bobby Marks contributed to this report.