CLEVELAND, Ohio – It was only a matter of time, but the Cavaliers finally reached a trade agreement with the Portland Trail Blazers to send center Brendan Haywood and wing Mike Miller to the Pacific Northwest.

In return, Cleveland will get a $10.5 million trade exception and a $2.85 trade exception. The exceptions expire a year from now. They also sent out their 2019 second round pick and 2020 second round pick as part of the package.

The Cavaliers had a deadline of Aug. 1 to trade or release Haywood before his salary for the 2015-16 season became guaranteed. Portland will waive Haywood before the guaranteed deadline.

Haywood’s departure was inevitable. He played a grand total of 119 minutes for the club last season. The shocker of the transaction is Miller’s involvement.

Statistically, all across the board, Miller just endured the worst season of his 15-year NBA career.

A league source says Miller approved the trade, as he wanted to play for a team where he would have a chance to see significant minutes. Miller will seek a buyout from the rebuilding Trail Blazers to pursue a team that will promise him a spot in a rotation.

Miller exercised his $2.8 million player option for next season at the end of June.

He is a great friend of LeBron James. The four-time MVP recruited Miller last offseason to provide shooting assistance, but he never found his shooting stroke and David Blatt was reluctant to commit playing time to the veteran.

I’m told James understand Miller’s situation and is “OK with the move.” He was not OK with the Miami Heat when they traded Miller to Memphis in the summer of 2013 in order to avoid major luxury tax penalties.

Times have changed.

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