According to Marc Stein and Brian Windhorst of ESPN.com, the Cavaliers have three options on what to do with Bynum, with one of them being a deal with the Jazz to get Jefferson.
A deal with Utah that would send Jefferson to Cleveland and likewise allow the Jazz to acquire and waive Bynum before the other half of his $12.3 million salary this season becomes guaranteed is one of three primary options for the Cavaliers. The other two, sources said Friday, are continuing talks with the Lakers this weekend in hopes of hashing out trade terms both teams can stomach, or electing to keep Bynum beyond Tuesday's deadline and then reshopping him as a trade asset before the Feb. 20 trade deadline, or, if necessary, again in late June and early July.
A team that gets Bynum Jan. 7 can be able to wipe $6 million of his salary. Even if Bynum stays in Cleveland and never ends up playing, he could still be targeted by several teams due to his non-guaranteed contract once the summer approaches, according to ESPN.
It's going to be interesting to see how these Bynum trade talks progress.