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The Cavaliers were a team that clearly drafted for pure value, as well they should considering how terrible they were last season. They selected Kyrie Irving at No. 1 overall and then made a somewhat surprising move and grabbed Tristan Thompson at No. 4. Both are young players with plenty of talent and potential.
In the second round, the Cavs traded away Justin Harper to Orlando, and selected Milan Macvan, a guy who probably will never play in the NBA as he's currently playing in Serbia.
Based solely on need, the Cavs did not address their most glaring ones. Irving will probably start, but that's only assuming they deal Baron Davis, as Davis is one of the better point guards in the league when he's motivated.
Thompson is a power forward, and the Cavs best young player, J.J. Hickson, plays that position. My guess is they're hoping they'll be able to play them together because of the lack of top notch centers in the league, or they'll be dealing Hickson in the near future.
What the Cavs really needed was a wing player. They started guys like Anthony Parker, Alonzo Gee, Jamario Moon, Christian Eyenga, and Manny Harris at those spots. Not exactly guys who strike fear in NBA players, probably not even high schoolers.
Granted, aside from Derrick Williams (who I think is more of a power forward than small forward), there weren't any wing players deserving of being a top four pick. Still, the Cavs could've probably traded down and grabbed a guy like Klay Thompson, Alec Burks, or Kawhi Leonard. Didn't happen.
They could've also used a center, but Enes Kanter was gone, and apparently the Cavs weren't willing to wait a year for Jonas Valanciunas, which is understandable. I actually think it would be a decent idea to see if Hickson and Thompson could play together. They're both crazy athletic and Thompson is a solid defender and great rebounder.
Now, do I think the Cavs should go out and grab free agents? Absolutely not. They shouldn't rush the rebuilding process, especially considering the draft class that will be coming in 2012.
They do need to deal Davis and Antawn Jamison ASAP, hope to grab future picks or a decent, young, wing player, and then stand pat.
In terms of talent, the Cavs did just fine, but not in terms of filling needs. Though if there was any team that needed to draft for talent, it was the Cleveland Cavaliers.