As rumored, Cleveland plundered point guard Mo Williams from Milwaukee, losing only 33-year-old Joe Smith and 32-year-old Damon Jones in the process. Jones and OKC alum Luke Ridnour head to the Bucks; Smith and former Sonic Desmond Mason pack for Oklahoma. As I wrote a bit ago, it's a good pull for Cleveland -- Williams shores up a pitiful position and adds some offensive punch to a defensive-minded team.There's another consideration, though: what's it do to Cleveland's pending cap space? Danny Ferry's public position on all prospective trades has been that the team didn't want to surrender its projected cap space for the summer of 2009. With Smith, Jones, Eric Snow and Wally Szczerbiak definitely off the payroll next offseason, the idea become such that the Cavs would be in good position to either trade for a disgruntled superstar at the deadline or reach out to a top-level free agent in July. (In actuality, once Daniel Gibson was extended, the team still needed to shred one more long contract to be serious players in free agency. The trade avenue would be alive regardless.)
Over the past few days, a rumor which would traditionally drive the world mad has slipped by under the cover of the Olympics. 
The Team Formerly Known as the Seattle SuperSonics still has no official identity beyond NBA OKC (catchy!), but
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