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NBA Trade Rumor: Lakers, Cavaliers Involved in Deal for Ramon Sessions, Draft Picks

It what very well might end up being the last significant move before the trade deadline, the Los Angeles Lakers and Cleveland Cavaliers will finally make a trade that’s been whispered about for days.

According to Brian Windhorst of ESPN, this deal entails L.A. getting Ramon Sessions in return for their 2012 first-round pick. Everyone seems to agree with that part of it.

The other parts of this transaction vary, depending on who you listen to.

Per Windhorst:

The Lakers will send the Cavs their 2012 first-round pick and will also get the rights to swap picks next year with the Miami Heat's first round draft pick, which the Cavs' own. The Lakers will absorb Sessions with the $8.9 million trade exception they received from the Dallas Mavericks for Lamar Odom. Sessions is averaging 10.5 points and 5.2 assists for the Cavs this season and fills a need for the Lakers, who have been on the lookout for a true point guard.

However, according to Jason Lloyd of the Akron Beacon Journal, Luke Walton will also be headed to Cleveland as part of this deal.

Via Twitter:

BREAKING NEWS: #Cavs trade Ramon Sessions, Christian Eyenga to Lakers for Luke Walton and Lakers' #1 pick (top 14 protected) in 2012 draft.

For what it's worth, the Plain Dealer is also reporting that Walton is involved.

Stay tuned as we clarify who exactly is going where.

Update: Per Yahoo! Sports - "As part of the Ramon Sessions package, the Lakers sent Jason Kapono to Cleveland"

Update 2: Here is the deal, via SI - "The Los Angeles Lakers acquired point guard Ramon Sessions from Cleveland on Thursday in a four-player trade sending Luke Walton and Jason Kapono to the Cavaliers.

"The Lakers also got forward Christian Eyenga in the deal, while the Cavaliers will get Los Angeles' lottery-protected first-round pick in the upcoming draft and other considerations, according to the Lakers."

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