Cavaliers Sign Matthew Dellavedova

SEPTEMBER 12TH: According to Jason Lloyd of the Akron Beacon Journal, a league source confirmed that Dellavedova has signed a two-year deal worth $1.3MM with a small partial guarantee for 2013/14, which we heard was worth $100k earlier this week

Sam Amico of FOX Sports Ohio also reported confirmation of the signing from league sources today.

AUGUST 3RD: Matthew Dellavedova will join the Cavaliers this fall on an invitation to training camp, reports Roy Ward of The Age (hat tip to Emiliano Carchia of Sportando). The St. Mary's star went undrafted in June, but impressed Cleveland GM Chris Grant and company during summer league play.

Ward writes that Dellavedova appears to be the front-runner for the third point guard spot behind Kyrie Irving and Jarrett Jack, but much can change between now and opening night. The Australian native will take part in a national team training camp and two games against New Zealand before heading stateside in September.

The 6'4", 22-year-old Dellavedova didn't cause much of a stir in the Las Vegas Summer League, shooting just 27.3% as he averaged 2.8 points and 3.0 assists in 20.1 minutes per game across five contests. Still, the Cavs saw enough to bring him aboard, likely on a one-year, non-guaranteed deal for the minimum salary. Coach Mike Brown is particularly fond of him, and if he doesn't make the regular season roster, the Cavs would reportedly like to see him play for their D-League affiliate.

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