The Cavs have waived Josh Selby, the team announced on its website. The swingman had yet to appear in a game for Cleveland after coming over as part of a three-for-one deal with the Grizzlies in January. Instead, he spent time with the Cavs' D-League affiliate, notching 15.3 points, 6.5 rebounds and 4.2 assists in 32.9 minutes per game over 11 contests with the Canton Charge.
The move leaves the Cavs with a 14-man roster, enabling them to bring in players on 10-day contracts. Last year Cleveland brought in Ben Uzoh, Lester Hudson and Manny Harris on 10-day deals, eventually signing Harris for the rest of the season. Cleveland could also use its open spot to bring in a bigger name, as they've been linked to Greg Oden and Donte Greene of late.
The 6'2" Selby, a second-round pick by Memphis in 2011, has seen little playing time in his two NBA seasons. He's appeared in 38 career games, all of them for the Grizzlies, averaging 2.2 PPG and 7.8 MPG. Still, the Kansas product has shown flashes of his promise, sharing Las Vegas Summer League MVP honors with Damian Lillard this past offseason.
Selby had been making the one-year veteran's minimum salary of $762,195, a figure that will remain on Cleveland's books unless he's claimed off waivers. In the unlikely event he signs elsewhere for more money this season, the Cavs will get to subtract a portion of his salary using set-off rights. Selby's contract includes a minimum-salary team option for next season, but that will disappear unless another team submits a waiver claim.