AP Source: Cavs trading Jefferson, Felder to Hawks

CLEVELAND — Their roster overloaded, the Cavaliers are trading Richard Jefferson and Kay Felder to save money.

Cleveland has agreed to send Jefferson, Felder, two second-round draft picks and $3 million to the Atlanta Hawks in a move that will allow the Eastern Conference champions to avoid paying $12 million in luxury tax penalties, a person familiar with the deal told The Associated Press on Friday.

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