Perrantes, 23, signed a two-way contract with the Cavaliers back in October after going undrafted out of Virginia in the 2017 NBA Draft, but only saw action in 14 games with the Cavaliers, averaging a mere 4.7 minutes per contest.
Despite failing to crack Cleveland’s rotation, Perrantes showed some promise as a Cavalier in college, averaging 12.7 PPG, 3.8 APG, and 3.0 RPG in his senior year at Virginia. He was a training camp invitee of the Spurs last summer before signing a two-way deal in Cleveland.
Moreover, Perrantes did play well in the G League for the Canton Charge this season, starting 35 contests while averaging 11.9 points, 7.8 assists and 3.4 rebounds per game.
Guard John Holland now remains as the only two-way player for the Cavaliers.