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Cavs lose $5.4 million in trade exceptions; Anderson Varejao eligible to return

CLEVELAND -- The Cavs were unable to find a partner to fill the roughly $5.4 million they had in trade exceptions that were to expire by day's end Monday.

Cleveland general manager David Griffin and his staff searched for trades to fit in the $4.4 million exception created last season by dealing Anderson Varejao, but couldn't get anything done in time. There was also a $947,000 exception from trading Jared Cunningham to Orlando. Both expired at midnight.

This by no means is an end to Griffin's search for more players -- a backup point guard and big man, potentially -- ahead of Thursday's trade deadline, nor are the Cavs much fretting the loss of the $4.