ESPN is reporting that the Phoenix Suns have traded Shaquille O’Neal to the Cleveland Cavaliers for Ben Wallace and Sasha Pavlovic.

The move will give LeBron James and the Cavs a much needed powerful low post scorer in O’Neal. For the Suns the trade is purely a salary dump that will save them close to $10 million dollars for next season (when luxury tax savings is included).

Shaquille made $21 million dollars in 2009. He rejuvinated his career with 17.8 points and 7.8 rebounds per game for the Suns. He has won four NBA Championships and the Cavs will be his 5th team he has played for.

Wallace quit trying once he was rewarded with a huge contract with the Bulls three years ago. Pavlovic has never been much of a NBA player.