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Cavs trying to use trade exception by Monday deadline; exploring tiny chance of getting Carmelo Anthony

(Joshua Gunter)

NEW ORLEANS -- The Cavs are trying to use a trade exception that expires Monday and also continue to explore the very slight possibility of acquiring Carmelo Anthony by Thursday's deadline.

The trade exception, left over from trading Anderson Varejao last season, is worth about $4.4 million. Anthony is a 12-time All-Star with a $24.6 million salary. So obviously one move would not be related to the other, and the way, way outside shot (we're talking like, say a 93-footer) of acquiring Anthony in a deadline deal with the New York Knicks would be the much bigger transaction of the two.