The Cavaliers made multiple trades in the weeks leading up to the deadline in 2015, acquiring J.R. Smith, Timofey Mozgov and others last January.
Those trades appeared to indicate that Cleveland general manager David Griffin is willing to be active and shake things up if he doesn't believe his roster is built to contend for a title.
With many trade rumors swirling around the league, here's a look at what the Cavaliers may be interested in acquiring and a quick breakdown of some of the rumors involving Cleveland.
What the Cavs Want
Terry Pluto of the Plain Dealer wrote Saturday that Griffin is "shopping for another 'wing player,' meaning a 6'7"-type athlete. While he'd like that guy to be able to shoot, he really wants him to be gifted defender."
Bradford Doolittle of ESPN.com recently identified Trevor Ariza of the Houston Rockets, Jared Dudley of the Washington Wizards and P.J. Tucker of the Phoenix Suns as theoretical trade targets for the Cavs.
All three of Doolittle's suggestions appear to fit into Pluto's idea of what the Cavs are after.
Trade Rumor: Kosta Koufos
On Monday, ESPN.com's Marc Stein reported that the Cavs are in pursuit of Sacramento Kings center and Ohio native Kosta Koufos:
Koufos played his high school ball about an hour south of Cleveland at GlenOak High School before playing collegiately at Ohio State.
During his eight-year NBA career, Koufos has primarily been a journeyman backup center, and the Cavs would likely view him as a replacement for Mozgov, who is in the final year of his contract and could be a potential trade chip this week.
In Sacramento, Koufos has been backing up All-Star DeMarcus Cousins and rookie Willie Cauley-Stein, so he would certainly be expendable for the right price.
The downside to acquiring the 26-year-old Koufos is the fact that he's under contract through the 2017-18 season and has a player option for 2018-19.
That may prove to be a difficult long-term investment for the Cavs front office to justify.
Trade Rumor: Kevin Love
Despite the front office and even LeBron James consistently shooting down Kevin Love trade talk, the rumors persist.
On Monday, Stein and ESPN.com's Brian Windhorst acknowledged that trading Love isn't completely off the table, but noted that the Cavs "covet a star in return if or when they do reach the point of letting Love go...and not a package of draft picks and role players like the [Boston] Celtics are offering."
Reading between the lines of these reports, it sounds as though the Cavs are simply acknowledging that it's always worth listening to offers, but they understand the unlikelihood of netting another superstar in return for Love.
All contract information courtesy of Spotrac.