The Cavaliers have traded Chris "Birdman" Andersen, who suffered a season-ending ACL injury in December, and cash to the Hornets to open up a roster spot.
Dwyane Wade and the Miami Heat are planning to meet within the next week to address contract issues and attempt to reach an agreement on the future, multiple sources told ESPN.
Miami Heat president Pat Riley insists his franchise has recovered well from LeBron James' stunning return to Cleveland in free agency, but admits that it remains a difficult blow to accept.
The Miami Heat re-signed longtime forward Udonis Haslem to a new contact on Friday. The team did not announce the terms but is for the room mid-level exception of two years and $5.5 million, sources told ESPN.com.
A jersey worn by LeBron James in Game 1 of this year's NBA Finals was sold for $50,020 in an auction on the league's official website on Tuesday night.
The Miami Heat could be short-handed when they attempt to close out the Eastern Conference finals in Game 5 on Wednesday against the Indiana Pacers, as Ray Allen and Chris Andersen are dealing with hip and thigh injuries.