Found this on a Cavs forum. I highlighted the most interesting parts in bold.
Windy was on WKNR this morning, here is a recap:
-Last summer, the Cavs tried to do a few different things with their cap space (signing Kyle Korver, trade for Pau Gasol) but they decided to go after Bynum after all this. This allowed them to roll salary cap space over if the Bynum signing didn't work out. It hasn't worked out and they are trying to now roll that cap space over. No other contract exists in the NBA like Bynum's, they can trade for him tomorrow and cut him Jan. 7th and not owe any money. It can be a $20M move for the Lakers/Bulls, they can cut $6M and more than $8M (get out of luxury tax and save on the salary).
-If you aren't paying the luxury tax, then you get money from the teams paying the tax ($2-3M). If you are a team headed nowhere this year and are pressured into getting out of the luxury tax (due to the repeater tax) this is something have to do. The Lakers are very interested in doing this.
-He has heard a lot from what happend with Bynum, he doesn't know to say because it all may not be true. It was a culmination of 4-5 things that happened and on Friday, the Cavs had enough and said this wasn't going to work. He showed that he could play healthy but the Cavs actually didn't do well with Bynum on the floor. They think its better to have Gasol as a pick and roll partner with Kyrie than Bynum. The January 7th deadline is huge and the Lakers/Cavs have to make their decision this weekend. The Cavs decided two weeks ago this wasn't going to work out and were going to try to trade him.
-This could end up being a pretty good trade for the Cavs if the Lakers give the thumbs up. The Lakers have to swallow some medicine because they are giving away Gasol for a guy you will probably cut. You are essentially punting on the season. The latest you can push this contract without being guarenteed is January 7th, which is forcing the Lakers to make a choice. This deal is on 3rd base, its at the ownership level now. It could take a draft pick to sweeten this deal, Cleveland has to decide if its worth to give away a draft pick for a rental. This deal is close.
-He thinks its 60/40 this deal happens. The Lakers are playing the Bucks tonight, if they lose this game, the deal probably happens and they punt on the season. The Lakers just lost at home to the Jazz and 76'ers. If he was Chris Grant, he would hold firm and not give a pick because the Lakers would be saving a ton of money. The Lakers may need a "spoon full of sugar" to make the deal happen though.
-He thinks this is a terrific move for the Cavs because Gasol has been pouty and isn't getting along with D'Antoni. The Lakers weren't thrilled that he has missed the last two games due to being sick. Gasol will be highly motivated here to play for another contract. Even if he gives you 15 and 9, its a good deal. When you watch the Cavs and see Kyrie get double teamed, there is no incentive to guard the Cavs big men, but that would change and open up the offense with Gasol.
-Gasol would play center here but he and Mike Brown did not have a great relationship (he favored Bynum in LA and reduced Gasol's minutes). The speculation is that Pau wants to go back to Memphis in free agency to play with his brother Marc. The Cavs are not punting and they are upset with these close losses. If they had a little bump, they feel they would win more games. The Cavs really want Deng but the Bulls aren't interested. The Cavs need a SF badly.
1) If Windhorst questions the credibility of the information coming from the Cavs organization, it raises a red flag.
2) So they were already shopping Bynum as early as 2 weeks ago. Is it possible that Bynum and his agent found out about it? If so, did Bynum confront the organization and the coaching staff about what they were doing behind his back?