Cavs Insider

Cleveland Cavaliers Turn Isaac Okoro Trade Into $11M Boost with Clever Cap Maneuver

The Cavaliers pulled off a trade that could reshape their financial future thanks to a savvy behind-the-scenes move you might’ve missed.
Feb 14, 2024; Cleveland, Ohio, USA; Cleveland Cavaliers forward Isaac Okoro (35) celebrates after hitting a three point basket during the first half against the Chicago Bulls at Rocket Mortgage FieldHouse. Mandatory Credit: Ken Blaze-Imagn Images
Feb 14, 2024; Cleveland, Ohio, USA; Cleveland Cavaliers forward Isaac Okoro (35) celebrates after hitting a three point basket during the first half against the Chicago Bulls at Rocket Mortgage FieldHouse. Mandatory Credit: Ken Blaze-Imagn Images | Ken Blaze-Imagn Images

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The Cleveland Cavaliers’ trade of Isaac Okoro to the Chicago Bulls for Lonzo Ball may look straightforward on the surface, but behind the scenes, it reveals a sharp financial play that strengthens Cleveland’s flexibility moving forward.

Rather than conduct a traditional salary match, the Cavaliers leveraged a specific clause in Ball’s contract, related to injury protection, to their advantage.

Chicago, still holding a $17.18 million trade exception from the Zach LaVine deal with Sacramento, was forced to absorb Okoro’s $11 million contract using $11 million of that exception due to Ball’s clause. That triggered the creation of a brand-new $11 million traded player exception (TPE) for Cleveland, which expires on July 6, 2026.

This kind of move matters. With the NBA’s evolving Collective Bargaining Agreement introducing new apron lines and hard cap triggers, even teams like Cleveland, currently projected to exceed the luxury tax, need to be surgical in roster management. Acquiring Ball and creating a new TPE without worsening their tax outlook fits that bill perfectly.

Ball, who returned last season after a lengthy injury layoff, is on a two-year, $20 million deal. If healthy, he adds playmaking and defensive depth. Okoro, meanwhile, gets a fresh start with a Bulls team eager for wing defense.

While not a blockbuster on paper, this trade exemplifies how a front office can gain a competitive edge, not just on the court, but on the balance sheet.


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Evan Dammarell
EVAN DAMMARELL

Evan Dammarell is a credentialed, award-winning sports journalist who has covered the Cleveland Cavaliers and the NBA for nearly a decade right off the shores of Lake Erie. His work has appeared on Forbes, ClutchPoints, SBNation, FanSided, Heavy, The Locked On Podcast Network, and Right Down Euclid, among others. Evan is committed to his vision to go beyond the scores and so much more so that every fan can always keep up with what’s going on with their favorite teams on and off the court.

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