Matthew Dellavedova joins Bucks after Cleveland reach trade deal

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Australian NBA star Matthew Dellavedova is on his way to Milwaukee Bucks after Cleveland Cavaliers agreed to an exchange for Albert Miralles and cash considerations.

Dellavedova's move from the NBA champions was all but secured last week and was finally confirmed on Thursday by General Manager David Griffin; the Cavaliers getting a $4.8million trade exception as well as Miralles.

"We wish Delly the best as he continues his career in Milwaukee," Griffin said.

"Delly is a special person on and off the court and was a very dedicated, hard worker that grew as part of our team and made significant contributions to our success.

"Our coaches and his teammates will always appreciate his 'all in' approach to the game, as he was ready to contribute whenever his number was called. We know he will continue to grow and succeed as he takes the next steps of his NBA journey with the Bucks."

Dellavedova became a cult hero in Cleveland during last year's NBA playoffs when he inspired the Cavaliers to an unlikely, but ultimately fruitless, lead in the Finals showdown with Golden State Warriors.

He played a much smaller role in this year's triumph over Golden State, but still filled a vital role throughout the season from the bench.

Dellavedova took to Twitter on Thursday to thank the Cavaliers' fans, hailing Cleveland as a "unique and special city".

"The Cavaliers are a great organization and I really want to thank everyone involved for giving me my opportunity, making me feel so welcome," Dellavedova said.

"Thank you to the fans for all the love and support."