One day later, the three-way trade between the Heat, Cavaliers, and Pacers was officially completed.
The Heat would send Shaquille O'Neal, Jason Kapono, as well as their 2008 first-round draft pick and 2009 second-round draft pick.
The Cavaliers would send Larry Hughes, Eric Snow, as well as their 2007 first-round draft pick and 2008 second-round draft pick.
The Pacers would send Jermaine O'Neal and Fred Jones.
After the trade was completed, Little O'Neal and Jones would wear the Heat jerseys.
O'Neal and Kapono would don the Cavaliers' uniforms.
While Hughes and Snow would head to Indianapolis for reporting, the Pacers would receive four draft picks collectively sent by the Heat and Cavaliers.
In this three-way trade, Riley fulfilled his wish to offload O'Neal, who had become the Heat's "salary burden," and acquired another O'Neal in his prime from the Pacers.
