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Cavaliers trade Mike Miller, Brendan Haywood and draft picks to Portland Trail Blazers to ease tax bill and create trade exceptions

The Cavaliers’ long-awaited trade of Brendan Haywood is finally complete. The added twist is the deal took Mike Miller with him.

Both Haywood and Miller were traded to the Portland Trail Blazers on Sunday, along with two second-round picks. The move creates two trade exceptions for the Cavaliers — a roughly $10.6 million exception for Haywood and a nearly $3 million exception for Miller. They cannot be combined, but they will give the Cavs both roster and financial flexibility at February’s trade deadline (or sooner). The Cavs will have one year to use the exceptions.

The Cavs will send the Blazers the more favorable of their two 2019 second-round picks, which previously belonged to the Los Angeles Lakers and Minnesota Timberwolves.