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BOSTON, MA - APRIL 26: J.R. Smith #8 of the New York Knicks reacts after missing a shot against the Boston Celtics during Game Three of the Eastern Conference Quarterfinals of the 2013 NBA Playoffs on April 26, 2013 at TD Garden in Boston, Massachusetts. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.
BOSTON, MA – APRIL 26: J.R. Smith #8 of the New York Knicks reacts after missing a shot against the Boston Celtics during Game Three of the Eastern Conference Quarterfinals of the 2013 NBA Playoffs on April 26, 2013 at TD Garden in Boston, Massachusetts. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.
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Getting your player ready...

NEW YORK — A person with knowledge of the deal says the New York Knicks have agreed to trade guards J.R. Smith and Iman Shumpert to the Cleveland Cavaliers.

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The Cavaliers are expected to move Dion Waiters in the deal after originally listing him among their starters for their game in Philadelphia on Monday night, then pulling him from the lineup.

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The Knicks will get a second-round pick in 2019 from the Cavaliers, the person told The Associated Press on condition of anonymity because the trade was not yet official. New York plans to waive whatever players it acquires in the deal that also includes the Oklahoma City Thunder, according to reports.

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