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Magic acquire Joe Harris, cash from Cavaliers

Matthew Emmons-USA TODAY Sports

The Magic gave the Cavaliers a helping hand on Tuesday, taking some money off of their books.

Holding an open roster spot, the Orlando Magic have flexibility in the trade market to not only improve their own team, but also help others out. That was the case on Tuesday, as the Magic and Cleveland Cavaliers agreed to a small deal that would send second-year guard Joe Harris, a future protected (31-55) second round pick from the Sacramento Kings, and cash to the Magic for a future protected second round pick (31-55) from the Portland Trail Blazers.

The Magic will request waivers on Harris, who recently underwent surgery to repair a broken bone in his foot.

Doing this deal was a favor to the Cavaliers, who now open up a roster spot and will save roughly 3.3 million on their luxury tax bill. Neither team is likely to see the picks that they moved in this deal.

Across 56 games, Harris has averaged 2.5 points, .8 rebounds and .5 assists per game. He'll likely clear waivers and become a free agent.

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