The Cavaliers were the defending Eastern Conference champions, and were coming off of an NBA Finals defeat to the San Antonio Spurs, where they were swept in four games.
In the playoffs, the Cavaliers defeated the Washington Wizards in the First Round in six games, advancing to the Semifinals, where they would lose in seven games to the eventual NBA champion, the Boston Celtics.
Cleveland did not have a draft pick in the 2007 NBA Draft due to trades from previous seasons.
Roster Last transaction: March 13, 2008 *Statistics include only games with the Cavaliers The Cavaliers have been involved in the following transactions during the 2007–08 season.
*Note: This is the largest trade in Cleveland Cavaliers history.