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Cavs Waive Quinn Cook, Keep Jared Cunningham

4:39pm: The Cavs have announced that Cook has been waived.

12:34pm: The Cavaliers will waive point guard Quinn Cook, Chris Haynes of the Northeast Ohio Media Group reports (via Twitter). Cook’s minimum salary deal was non-guaranteed, so Cleveland won’t be responsible for any money as a result of parting ways with the player.

Cook, 22, went undrafted out of Duke this year after averaging 15.3 points, 3.4 rebounds, and 2.6 assists as a senior, His career NCAA numbers are 11.0 points, 3.6 rebounds, and 1.1 assists to go along with a shooting line of .432/.375/.853.

The subtraction of Cook lowers Cleveland’s roster count to 15 players, and means that Jared Cunningham, who is also in camp on a non-guaranteed arrangement, will make the regular season roster, Haynes notes. That’s somewhat of a surprise, since it previously appeared that the Cavs were likely to carry only 14 players for the start of the regular season. That was before Tristan Thompson re-signed, however. Cleveland is in line to pay an extra $20,895 in taxes plus $5,572 in salary to Cunningham for each day he remains on the roster, though Jason Lloyd of the Akron Beacon Journal suggests he won’t be around past the point in January when his minimum salary would become fully guaranteed for the season (Twitter link).

Chuck Myron contributed to this post.

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