The Cavs have elected to set free guard Wayne Ellington, reports Jason Lloyd of Akron-Beacon Journal. Ellington could have been given a qualifying offer of around $3.8MM, and he would have been a restricted free agent this summer, with the team able to match any offer for Ellington's services.
But Lloyd cautions that the Cavs would like Ellington to remain with the team, despite his status now as an unrestricted free agent. The Cleveland-Plain Dealer's Mary Schmitt Boyer expressed surprise (twitter) at the decision not to extend Ellington a QO, but the Cavs remain high on him moving forward while viewing the decision as a strategic move to free up cap space, Lloyd notes.
The Cavs weren't expected to extend a qualifying offer to Omri Casspi either, and they haven't notes Boyer (Twitter). They Cavs are also unlikely to bring back Luke Walton.