The Cleveland Cavaliers have been granted a disabled player exception worth $4.9 million, according to sources.

The Cavaliers have lost Anderson Varejao for the rest of the season.

The Utah Jazz have assigned Toure’ Murry to the NBA Development League’s Idaho Stampede, the Jazz’s exclusive D-League affiliate.  

This will be the second assignment this season for Murry, who was previously assigned to Idaho from Nov. 13-Dec. 2.  In six games (five starts) for the Stampede, Murry averaged 14.0 points, 5.5 rebounds, 5.0 assists and 2.3 steals in 31.5 minutes of play.

The Phoenix Suns have recalled rookie guard Tyler Ennis, second-year guard Archie Goodwin and rookie forward T.J. Warren from the Bakersfield Jam of the NBA Development League. 

In three games in his second assignment with Bakersfield of the season, Ennis averaged 15.7 points on 43.2 percent field goal shooting and 3.3 assists in 32.6 minutes.  

Goodwin played three games in his first assignment to Bakersfield this season, averaging 15.7 points on 48.6 percent field goal shooting and 3.7 rebounds in 30.9 minutes.  

This was the second D-League assignment of the season for Warren, who averaged 15.3 points on 45.0 percent field goal shooting and 7.3 rebounds in 28.9 minutes in three games.

LeBron James sat out his second straight game on Wednesday with knee soreness.

"It's been hurting pretty much all year," James said of his left knee. "I've been playing with it and it goes away and comes back. So, the one in Miami kind of re-aggravated it when I came out of the game in the third quarter."

James is not concerned about the knee in the long-term.

"I'm not concerned because all the tests and everything I've done with the doctors, everything has come back negative," James said. "So, I got 41,000 minutes in my career including the playoffs. You (try to) drive that car in the winter time (and see how it feels)."

The Detroit Pistons have assigned guard Spencer Dinwiddie to the team’s NBA Development League (D-League) affiliate, the Grand Rapids Drive.

Dinwiddie, drafted 38th overall in the 2014 NBA Draft, has appeared in eight games for the Pistons this season averaging 3.0 points and 12.4 minutes per game.     

During their on-court chat after the Christmas Day game, LeBron James may have communicated to Dwyane Wade that the two could reunite soon.

According to an apparently scrubbed version of the exchange that isolates the dialogue by reducing background noise, James seems to say, "Like I said, if we aren't better this year, we're gonna reunite again and do some bigger and better things, all right?"  Wade responds affirmatively.

James commented on the speculation on Wednesday, saying it was about getting together off the court and not about leaving Cleveland or playing with Wade again.

"I've seen the clip, just like you've seen the clip," James said.  "I don't know exactly what I said at the beginning either.  I know I said, 'We'll get back together and do some bigger and better things,' but it had nothing to do about basketball.  I mean, if I was going to tell him that, I'd tell him the night before.  Come on guys, I'm not stupid.  I know I didn't go to college but I'm not stupid.  I wouldn't say that on Christmas with a hundred cameras around.  I would have told him the night before at his house.  But, it's just me so I get it, I get it.  But it had nothing to do with leaving here and reuniting with him.  It had everything to do with just talking about other things more than just basketball.  Everybody gets so involved in basketball; our friendship -- obviously you guys know -- is bigger than basketball.  So, you know, our last four years couldn't be bigger and better even if we did get back together.  But, whatever, it's crazy."

Noah Vonleh has been recalled from the Fort Wayne Mad Ants by the Charlotte Hornets.

Vonleh played two games for the Mad Ants this season averaging 7.0 points and 4.5 rebounds per game. 

Al Jefferson will be out at least four weeks with a groin injury.

Al Jefferson has been diagnosed with a strain of an adductor muscle in his left groin and is expected to miss a minimum of four weeks, the Charlotte Hornets announced on Tuesday.

In 32 games this season, Jefferson leads the Hornets in scoring and rebounding with averages of 18.0 points (25th in the NBA) and 8.2 rebounds (T-17th in the NBA) in 32.2 minutes per game.

The Sacramento Kings have removed the interim tag from Tyrone Corbin’s title as head coach.

Corbin has agreed to a contract to coach the Kings through the remainder of this season.

Corbin was promoted after the Kings fired Michael Malone on Dec. 14 and the Kings are 2-5 during his tenure.

Alec Burks will undergo season-ending surgery on his left shoulder.

Burks signed an extension with the Utah Jazz worth $42 million over four seasons in October.

Burks first suffered the injury in early December and initially tried to play through it.