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Cavaliers Make Roster Moves, Waive Seven Players

CLEVELAND, OH - OCTOBER 02: Justin Powell #24 of the Cleveland Cavaliers poses for a head shot during 2023-24 NBA Media Day on October 2, 2023 in Cleveland, Ohio at the Rocket Mortgage FieldHouse. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2021 NBAE (Photo by David Liam Kyle/NBAE via Getty Images)

The Cleveland Cavaliers have waived seven players, which includes three recent signings, reports Keith Smith from Spotrac.

Among these players, point guard Sharife Cooper, forward Pete Nance, guard Justin Powell, and swingman Zhaire Smith all have Exhibit 10 contracts, indicating that they are likely bound for the Cleveland Charge, the G League affiliate of the organization.

They have the potential to earn bonuses of up to $75,000 if they spend a minimum of 60 days with the team.

Furthermore, the Cavaliers have waived shooting guard Rob Edwards, small forward Aleem Ford, and guard Devontae Shuler, none of whom were previously listed on the Cavs’ roster before today.

These players were likely signed and then waived with Exhibit 10 agreements, making them eligible for the same $75,000 bonus.

Two of these players possess limited NBA experience, with Edwards having participated in two games with the Thunder and Ford appearing in five games with the Magic during the 2021/22 season.

These actions now leave Cleveland with 12 players on fully guaranteed contracts, and all three of their two-way roster spots have been filled.

Meanwhile, veteran center Tristan Thompson and shooting guard Sam Merrill are still part of the team on non-guaranteed contracts.