3-Way Trade sends JR Smith to the Cavs and Dion Waiters to Thunder

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Looks like Knicks GM Phil Jackson had a busy holiday weekend. The Knicks are reportedly part of a three-team trade that will send Cavs guard Dion Waiters to the Thunder, and both JR Smith and  Iman Shumpert to the Cleveland Cavaliers.

So long “Knicks tape,” and welcome Earl III and Iman to “The Land.” Kyrie and JR are both from Jersey and played for the same AAU squad. Perhaps LeBron can help JR find his focus.

Oklahoma City will send a protected future first-round draft pick and guard Lance Thomas to the Knicks, league sources said. As part of the trade, Cavaliers rookie center Alex Kirk and forward Lou Amundson also will be sent to the Knicks, sources said.