Harris has already been waived by Orlando, and even if he'd stuck with the Magic he's injured (out for roughly the next couple months following right foot surgery). It all adds up to Orlando simply using its extra salary cap space (something Cleveland doesn't have) to take on Harris' contract and help the Cavaliers save money--roughly $3 million in luxury tax, while also giving Cleveland a little roster flexibility. The 2017 draft pick is Orlando's prize for its part here, and was previously owned by the Sacramento Kings. The cash helps offset some of the Magic's financial burden in taking on Harris' deal.

The Cavs have a star-studded roster and that always presents cap and salary tax challenges. Since Harris was injured and inexperienced--and has spent most of his NBA career so far in the NBA D-League--he was a logical choice to go. Cleveland saves roughly $3 million in NBA tax money with the move, also opening up a roster spot that the team can eventually use on a veteran who might help with its title push. The downgraded draft selection was previously owned by Portland.

For now there's zero fantasy impact for either Cavaliers or Magic players, since Harris was barely playing with Cleveland and he won't be joining Orlando. That said, Harris may see an uptick in fantasy fortunes if he lands with a new NBA team once he's healthy (since he had a tough time breaking into the veteran-laden Cleveland rotation).