TRADE: Varejao to Blazers, Channing Frye to Cavs

[Glenn]

CHANNING FRYE HEADED TO CAVALIERS IN DEAL
Cleveland will trade Anderson Varejao to Portland, while Frye will move from Orlando to Cleveland, according to ESPN's Chris Broussard and multiple reports. Broussard reports the Magic will get a 2nd-round pick from the Cavaliers and a TBD player from either Portland or Cleveland.

[Glenn]

Varejao to be waived by Blazers, apparently. Eating a ton of money there.

[Timone]

MB!!!