The Cavaliers have extended a camp invitation to former Kings and Rockets shooting guard Jermaine Taylor, agent Michael Whitaker tells Jorge Sierra of HoopsHype (Twitter link). It's not entirely clear from the tweet whether Taylor has accepted the invitation, but since the news is coming from Taylor's camp, it seems he'll likely become the 16th player on Cleveland's roster.
The move isn't entirely a surprise, since Taylor's performance for Cleveland's summer league team drew praise from Cavs coach Mike Brown. The 6'4" Taylor averaged 12.8 points in 18.1 minutes per game for the summer Cavs. He also suited up for the Bulls' summer league team this year. Aside from that action, Taylor has been out of the NBA since 2011. He had a whirlwind 2012/13, playing for Lagun Aro Gipuzkoa BC in Spain, Hapoel Tel Aviv in Israel, Shanxi Zhongyu in China and the Maine Red Claws of the D-League.
Assuming Taylor will be with the Cavs on a fully non-guaranteed contract, he'll join Kenny Kadji and C.J. Miles as the only Cavaliers without at least a partial guarantee. Eleven Cavs have fully guaranteed deals, and nearly half of Andrew Bynum's $12.25MM salary is guaranteed as well. That leaves Taylor with a decent shot at making the opening-night roster.